Home/Meetings/May 14, 2025 Regular/Item 12.04
PassedFinal tally · 40·May 14, 2025 · Regular·Item 12.04

Adopt Resolution 25-R-26: Energy System Refunding Revenue Bonds Series 2025 up to $124,000,000

Plain-language summary

The Commission authorized issuance of up to $124 million in Energy System Refunding Revenue Bonds to refinance existing energy system debt. Goldman Sachs & Co. was appointed senior manager with Siebert Williams Shank and Raymond James Financial as co-managers. The vote was unanimous among those present.

✓ Reviewed by editor · Generated from source document, May 2026

How each commissioner voted

5 of 5 present

The Motion

As stated on the record

Authorize, through a negotiated sale, the issuance of fixed-rate bonds by adopting Resolution 25-R-26, authorizing the issuance of not to exceed $124,000,000 City of Tallahassee, Florida Energy System Refunding Revenue Bonds, Series 2025.

Moved by
Seconded by
Official agenda title

Item 12.04 – Approval of Resolution 25-R-26 Authorizing Issuance of City of Tallahassee, Florida Energy System Refunding Revenue Bonds, Series 2025 in an Amount Not to Exceed $124,000,000

📄BoardDocs · May 14, 2025 packet · page

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