Home/Meetings/May 14, 2025 Regular/Item 12.05
PassedFinal tally · 40·May 14, 2025 · Regular·Item 12.05

Adopt Resolution 25-R-25: Consolidated Utility Systems Refunding Revenue Bonds Series 2025 up to $110,000,000

Plain-language summary

The Commission authorized issuance of up to $110 million in Consolidated Utility Systems Refunding Revenue Bonds to refinance existing utility debt. Bank of America Securities was appointed senior manager with Siebert Williams Shank and Samuel A. Ramirez & Co. 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-25, authorizing the issuance of not to exceed $110,000,000 City of Tallahassee, Florida Consolidated Utility Systems Refunding Revenue Bonds, Series 2025.

Seconded by
Official agenda title

Item 12.05 – Approval of Resolution 25-R-25 Authorizing Issuance of City of Tallahassee, Florida Consolidated Utility Systems Refunding Revenue Bonds, Series 2025 in an Amount Not to Exceed $110,000,000

📄BoardDocs · May 14, 2025 packet · page

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