Resolution 24-R-31 – Issuance of Consolidated Utility Systems Refunding Revenue Bonds, Up to $205M
The Commission unanimously approved issuance of up to $205 million in refunding revenue bonds for the city's consolidated utility systems. Bank of America was appointed as senior manager with Royal Bank of Canada and Siebert Financial as co-managers.
How each commissioner voted
5 present
The Motion
“Authorize, through a negotiated sale, the issuance of fixed-rate bonds by adopting Resolution 24-R-31, authorizing the issuance of not to exceed $205,000,000 City of Tallahassee, Florida Consolidated Utility Systems Refunding Revenue Bonds, Series 2024A, delegating certain responsibilities to the Mayor and City Treasurer-Clerk, appointing a registrar and paying agent. Appoint Bank of America as senior manager and Royal Bank of Canada and Siebert Financial Corporation to serve as co-managers for the sale of the issue.”
Approval of Resolution 24-R-31 Authorizing Issuance of Not Exceeding $205,000,000 City of Tallahassee, Florida Consolidated Utility Systems Refunding Revenue Bonds, Series 2024A
📄BoardDocs · Jun 19, 2024 packet · page ↗