Resolution authorizing the issuance and sale by the Peninsula Corridor Joint Powers Board of Farebox Revenue Bonds and Refunding Revenue Bonds in one or more series in an aggregate principal amount not to exceed $62,000,000; approving an increase in amount of existing credit facility by the Peninsula Corridor Joint Powers Board, from an aggregate principal amount not to exceed $150,000,000 outstanding at any one time to an aggregate principal amount not to exceed $170,000,000 outstanding at any one time; and approving an additional credit facility by the Peninsula Corridor Joint Powers Board in an aggregate principal amount not to exceed $30,000,000 outstanding at any one time.

Committee

Clerk of the Board

Introduced

October 2, 2018

Passed

November 2, 2018

Enacted

November 2, 2018

Enactment no.

363-18