ORD29033
A supplemental ordinance providing for the issuance and sale of one or more series of Electric System Revenue and Refunding Bonds, Series 2025, in an aggregate principal amount not to exceed $325,000,000, to provide funds to be used with available funds of the City, to finance and/or reimburse the City for capital improvements to the Electric System, to defease and/or redeem certain obligations of the Electric System, and to pay costs of issuance for the Bonds; fixing or setting parameters with respect to certain terms and covenants of the Bonds, and appointing the City’s designated representatives to approve the final terms of the sale of the Bonds; and approving certain other matters in connection therewith. [Michelle Brown, Power Financial Planning Manager; Chris Robinson, Power Superintendent]
- Committee
- City Council
- Requested by
- Tacoma Power
- Introduced
- April 11, 2025
- On agenda
- May 6, 2025
- Passed
- May 6, 2025
Where it was heard
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