city of tacoma
File #: ORD28932    Version: 1 Name: Ord - Power Bond Ordinance, Repeals Ord. 28920
Type: Ordinance Status: Passed
File created: 1/2/2024 In control: City Council
On agenda: 1/16/2024 Final action: 1/16/2024
Title: A supplemental ordinance of the City of Tacoma, Washington, relating to the electric system; providing for the issuance and sale of one or more series of electric system revenue and refunding bonds in an aggregate principal amount not to exceed $225,000,000 to provide funds to finance and refinance capital improvements to the electric system, to redeem certain obligations of the electric system, and to pay costs of issuance for the bonds; fixing or setting parameters with respect to certain terms and covenants of the bonds, and appointing the City's designated representatives to approve the final terms of the sale of the bonds; repealing City Ordinance No. 28920 in its entirety; and approving certain other matters in connection therewith. [Michelle Brown, Financial Planning Supervisor; Chris Robinson, Power Superintendent].
Attachments: 1. Ordinance No. 28932, 2. City Council Action Memorandum, 3. Board Action Memorandum, 4. Resolution U-11421, 5. Ordinance No. 28920
Related files: ORD28920

Title

A supplemental ordinance of the City of Tacoma, Washington, relating to the

electric system; providing for the issuance and sale of one or more series of

electric system revenue and refunding bonds in an aggregate principal amount

not to exceed $225,000,000 to provide funds to finance and refinance capital

improvements to the electric system, to redeem certain obligations of the electric

system, and to pay costs of issuance for the bonds; fixing or setting parameters

with respect to certain terms and covenants of the bonds, and appointing the City’s

designated representatives to approve the final terms of the sale of the bonds;

repealing City Ordinance No. 28920 in its entirety; and approving certain other

matters in connection therewith.
[Michelle Brown, Financial Planning Supervisor; Chris Robinson,
Power Superintendent].