Adopt Resolution 25-R-25: Consolidated Utility Systems Refunding Revenue Bonds Series 2025 up to $110,000,000
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.
How each commissioner voted
5 of 5 presentThe Motion
“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.”
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
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