city of tacoma
File #: ORD28620    Version: 1 Name: ORD - Tacoma Power Note Purchase Agreement with Wells Fargo
Type: Ordinance Status: Passed
File created: 10/2/2019 In control: City Council
On agenda: 10/22/2019 Final action: 10/22/2019
Title: An ordinance authorizing the extension of and an increase to the Electric System Subordinate Revenue Note, Series 2015A, in an amount not to exceed $150,000,000; authorizing an amendment to the Note Purchase Agreement to provide funds to finance or refinance costs of capital improvements to the Electric System; and delegating the authority to approve the final terms of the amendment. [Bill Berry, Rates, Planning, and Analysis Manager; Chris Robinson, Power Superintendent]
Attachments: 1. Ordinance No. 28620, 2. City Council Action Memorandum, 3. Board Action Memorandum

Title

An ordinance authorizing the extension of and an increase to the Electric System Subordinate Revenue Note, Series 2015A, in an amount not to exceed $150,000,000; authorizing an amendment to the Note Purchase Agreement to provide funds to finance or refinance costs of capital improvements to the Electric System; and delegating the authority to approve the final terms of the amendment.
[Bill Berry, Rates, Planning, and Analysis Manager; Chris Robinson,
Power Superintendent]