An ordinance authorizing the issuance of a short-term Electric System Subordinate Revenue Note, in the principal amount, not to exceed $100,000,000, to provide general credit, including liquidity, for the Electric System; authorizing the execution of a Note Purchase Agreement; and designating representatives to approve the final terms of the Note. [Bill Berry, Rates, Planning, and Analysis Manager; Chris Robinson, Power Superintendent]

Committee

City Council

Requested by

Tacoma Power

Introduced

April 17, 2020

On agenda

May 5, 2020

Passed

May 5, 2020