CB 120898
AN ORDINANCE relating to the electric system of The City of Seattle; adopting a system or plan of additions and betterments to and extensions of the existing municipal light and electric power generation, transmission, and distribution system of the City; authorizing the issuance and sale of municipal light and power revenue bonds for the purposes of providing funds to pay part of the cost of carrying out that system or plan, providing for the reserve fund requirement (if necessary), and paying the costs of issuance of the bonds; providing parameters for the Bond Sale Terms including conditions, covenants, and other sale terms; describing the lien of the bonds and authorizing their issuance as either senior lien parity bonds or junior lien bonds; and ratifying and confirming certain prior acts.
- Committee
- City Clerk
- Requested by
- CBO-OPI
- Introduced
- September 7, 2024
- On agenda
- November 21, 2024
- Passed
- November 27, 2024
- Enacted
- November 27, 2024
- Enactment no.
- Ord 127147
Where it was heard
City Council Select Budget Committee Select Budget Committee Select Budget CommitteeWatch Seattle
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