Subject: Communication sponsored by Alder McCarthy Regarding a Resolution Authorizing the Issuance and Sale of up to $19,675,190 Waterworks System Revenue Bonds, Series 2024, and Providing for Other Details and Covenants with Respect Thereto Recommendation of the Waterworks Commission on 07/16/2024: To Approve with a Referral to the Finance & Personnel Committee Fiscal Note: Financial Assistance Agreement funded through the state Safe Drinking Water Loan Program is in the amount of $19,675,190.00, with a loan term of 20 years at a 2.365% rate.

Committee

Finance and Personnel Committee

Introduced

July 10, 2024

Passed

July 16, 2024