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File #: RES 21-007    Version: 1 Name:
Type: Resolution Status: Passed
File created: 1/15/2021 In control: City Council
On agenda: 1/26/2021 Final action: 1/26/2021
Title: Action on Resolution 21-007, a Resolution authorizing the Retirement of Brookings Municipal Utility Bonds.
Attachments: 1. Memo, 2. Resolution

Title

Action on Resolution 21-007, a Resolution authorizing the Retirement of Brookings Municipal Utility Bonds.

 

Body

Summary:

This resolution will facilitate the retirement of BMU Bonds issued in 2006 and authorize the Executive Vice President and General Manager of BMU to execute documents necessary to retire the outstanding debt by BMU Resolution No. 1-21 passed by the BMU Board on January 11, 2021.

 

Recommendation

Recommendation:

Staff recommends approval.

 

Body2

Attachments:

Memo

Resolution