Agenda No. 7.
CITY COUNCIL MEMORANDUM
| City Council Meeting: | August 10, 2021 |
| Department: | Finance |
| Subject: | Bond refinancing Opportunity - Workshop on possible bond refinancing opportunity. (M. Browne/B. James/J. Walters/M. McLiney/A. Friedman) |
BACKGROUND
Presentation by SAMCO Capital Markets, the City's Financial Advisor, on a potential refinancing opportunity for the general obligation bond series 2012 and certificates of obligation bond series 2013.
Staff and SAMCO are looking for a general acceptance of the proposed matter to proceed with the refunding. If council is in agreement, we will return to Council with bids on October 12, 2021.
Staff and SAMCO are looking for a general acceptance of the proposed matter to proceed with the refunding. If council is in agreement, we will return to Council with bids on October 12, 2021.