city of tacoma
File #: ORD28296    Version: 1 Name: Tacoma Power Short-term Drawdown Directe Note Purchase Agreement with Wells Fargo
Type: Ordinance Status: Passed
File created: 3/18/2015 In control: City Council
On agenda: 4/21/2015 Final action: 4/21/2015
Title: An ordinance approving a Supplemental Bond Ordinance; and authorizing Tacoma Power to execute a short-term drawdown direct note purchase agreement with Wells Fargo Bank, in the amount of $100,000,000, to provide funds to finance or refinance costs of capital improvements to the Electrical System. [Bill Berry, Rates, Power, and Analysis Manager; Ted Coates, Superintendent, Tacoma Power]
Attachments: 1. Ordinance No. 28296, 2. City Council Action Memorandum, 3. Memorandum from Tacoma Public Utilities, 4. Financial Advisor Memorandum, 5. Note Purchase Agreement, 6. PowerPoint
Related files: ORD28297, ORD28295, RES39170, RES39171, ORD28509
Title
An ordinance approving a Supplemental Bond Ordinance; and authorizing Tacoma Power to execute a short-term drawdown direct note purchase agreement with Wells Fargo Bank, in the amount of $100,000,000, to provide funds to finance or refinance costs of capital improvements to the Electrical System.
[Bill Berry, Rates, Power, and Analysis Manager; Ted Coates, Superintendent, Tacoma Power]