Background/Discussion
The General Obligation Bonds previously approved for FY22 CIP via Public Hearing, shall be two separate bond issues:
A) Taxable General Obligation Bonds, Series 2021A of $1,155,000 (dollar amount subject to change) for general corporate purposes outlined within
B) General Obligation Bonds, Series 2021B of $5,970,000 (dollar amount subject to change) for various general obligation bonds (essential corporate purposes and general corporate purposes) shall be combined for the purpose of issuance
In conjunction with PFM Financial Advisors LLC, the City has caused an Official Statement to be prepared outlining the details of the proposed sale of Bonds as well as to receive bids to purchase such Bonds by means of both sealed and electronic internet communication.