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File #: 260090    Version: 1 Name: Tax Exempt and Taxable Lease Revenue Commercial Paper Certificates of Participation (Series 1 and Series 2) - Capital Improvements and Equipment - Not to Exceed $150,000,000
Type: Resolution Status: Pending Committee Action
Introduced: 1/27/2026 In control: Budget and Finance Committee
On agenda: Final action:
Enactment date: Enactment #:
Title: Resolution re-authorizing the execution and delivery of Tax-Exempt Lease Revenue Commercial Paper Certificates of Participation, Series 1 and Series 2, and Taxable Lease Revenue Commercial Paper Certificates of Participation, Series 1-T and Series 2-T, in an aggregate principal amount not to exceed $150,000,000 to finance the costs of the acquisition, construction, and rehabilitation of capital improvements and capital equipment approved by the Board of Supervisors and the Mayor; authorizing the delivery of an alternate credit facility in the total stated amount of $163,500,000; and approving and authorizing execution of a third supplement to trust agreement, a third amendment to site lease, a third amendment to sublease, a letter of credit and reimbursement agreement, a fee agreement, an offering memorandum, dealer agreements, and certain other related financing documents, and authorizing other related actions.
Sponsors: Mayor
Attachments: 1. Leg Ver1, 2. DRAFT Third Suppl to Trust Agmt, 3. DRAFT Third Amend - Site Lease, 4. DRAFT Third Amend - Sublease, 5. DRAFT Third Amend and Restated Delivery and Paying Agent Agmt, 6. DRAFT Offering Memo, 7. DRAFT CP Dealer Agmt (BofA), 8. DRAFT CP Dealer Agmt (JPM), 9. DRAFT Ltr of Credit and Reimbursement Agmt (TD Bank-CP 2), 10. DRAFT Fee Agmt (TD Bank-CP 2), 11. CON Memo 012726, 12. MYR Cover Ltr 012726
Related files: 130627, 100269, 090197
Legislation Details
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