When Council approved the issuance of $36,980,000 Tax Notes, Series 2022 on September 9, 2022, it was contemplated that the City would exercise the call provision to redeem the notes prior to the scheduled maturity date of November 15, 2023. Staff requests Council consider approving a resolution to redeem the Tax Notes, Series 2022 as contemplated.
Recommendation/Action Requested and Justification
Approve a resolution to call $36,980,000 of Tax Notes, Series 2022.