Resolution 23-R-40: Issuance of Not Exceeding $53,000,000 Consolidated Utility Systems Revenue Bonds, Series 2024
The Commission unanimously approved the issuance of up to $53 million in fixed-rate revenue bonds for the City's consolidated utility systems. The bonds, designated Series 2024, will be sold through a negotiated sale. The Mayor and City Treasurer-Clerk were delegated certain responsibilities related to the bond issuance.
How each commissioner voted
5 present
The Motion
“Authorize, through a negotiated sale, the issuance of fixed-rate bonds by adopting Resolution 23-R-40, authorizing the issuance of not to exceed $53,000,000 City of Tallahassee, Florida Consolidated Utility Systems Revenue Bonds, Series 2024, delegating certain responsibilities to the Mayor and City Treasurer-Clerk, delegating to the Mayor the authority to approve the final official statement, appointing a registrar and paying agent, providing certain other covenants and agreements in connection therewith, and an effective date.”
Approval of Resolution 23-R-40 Authorizing Issuance of Not Exceeding $53,000,000 City of Tallahassee, Florida Consolidated Utility Systems Revenue Bonds, Series 2024
📄BoardDocs · Dec 13, 2023 packet · page ↗