File #: 19-0605    Version: 1
Type: Department Staff Report Status: Agenda Ready
File created: 7/2/2019 In control: Office of Management & Budget
On agenda: 7/9/2019 Final action: 7/9/2019
Title: Water & Sewer Revenue Refunding Bonds, Series 2009 Approval of Resolution for Early Payoff
Indexes: Bond, Office of Management & Budget
Attachments: 1. Staff Report, 2. Resolution, 3. Notice of Redemption, 4. Masterson Advisors Series 2009 Redemption Calcualtions

Title

Water & Sewer Revenue Refunding Bonds, Series 2009 Approval of Resolution for Early Payoff

Recommended Action

Staff recommends that the Board of Commissioners approve the Resolution authorizing the redemption and payment of the Water & Sewer Revenue Refunding Bonds, Series 2009; authorizing the use of Utilities cash balance in the amount of $11,320,000 to pay off this debt and related expenses; and authorizing the proper officers of the County to do all acts necessary and proper for carrying out the transactions contemplated by this resolution.