File #: RES 21-044    Version: 1 Name:
Type: Resolution Status: Passed
File created: 5/19/2021 In control: City Council
On agenda: 5/25/2021 Final action: 5/25/2021
Title: Action on Resolution 21-044, a Resolution Authorizing the Retirement Brookings Municipal Utility Bonds (2005).
Attachments: 1. Memo, 2. Resolution

Title

Action on Resolution 21-044, a Resolution Authorizing the Retirement Brookings Municipal Utility Bonds (2005).

 

Body

Summary:

This resolution will facilitate the retirement of BMU Bonds issued in 2005 and authorize the Executive Vice President and General Manager of BMU to execute documents necessary to retire the outstanding debts by BMU Resolution No. 13-21 and Resolution No. 14-21 passed by the BMU Board on May 10, 2021.

 

Recommendation

Recommendation:

Staff recommends approval.

 

Body2

Attachments:

Memo

Resolution