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7 -. any <br /> Agenda Section: 9 A <br /> u, ' s REQUEST FOR COUNCIL CONSIDERATIONnif <br /> aim <br /> Report Number 9 3-50 3C <br /> STAFF REPORT Report Date: 5-6-9 3 <br /> Council Action: <br /> 0 Special Order of Business <br /> CITY COUNCIL MEETING DATE bSAY 10,19 9 39 3 0 public Bearings <br /> Q Consent Agenda <br /> ® Council Business <br /> Item Description: Resolution No. 4368 Awarding the Sale of the City's General Obligation Water <br /> Revenue Refunding Bonds, Series 1993A and Providing for Their Issuance <br /> Administrator's Review/Recommendation: <br /> - No comments to supplement this report • <br /> - Comments attached. <br /> Explanation/Summary (attach supplement sheets as necessary.) <br /> SZJMMARIVI -Y; • <br /> The attached resolution is required to officially award the sale of the <br /> 1993 Water Refunding Bonds. As of the writing of this Staff Report, the <br /> sale is still scheduled for Monday, May 10th. If the interest rates change <br /> between now and Monday affecting the amount of the savings to the City in <br /> refunding the existing bonds and selling the new bonds, the City may <br /> withdraw from the sale. We can do so right up to the time of the sale. <br /> If the sale is completed, Bob Thistle of Sprinsted Financial Services will <br /> be present Monday night with a completed resolution, noting the bond <br /> purchasers and all other information that Is currently blank on the <br /> attached resolution. <br /> • 4) 144-2.4.P-__ . . . . <br /> Sam- ntha O Juno, Ci y Administrator <br /> • <br /> • <br /> RECOMMENDATION: Waive the reading and adopt Resolution No. 4368 Awarding the <br /> Sale of the City's General Obligation Water Revenue Refunding Bonds, Series 1993A <br /> and Provide for Their Issuance i <br />