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Item 23 - Pension Debt Refinancing Update and Underwriter Selection
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Item 23 - Pension Debt Refinancing Update and Underwriter Selection
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4/9/2024 4:32:45 PM
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8/21/2023 4:38:50 PM
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City Clerk
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Agenda Packet
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Clerk of the Council
Item #
23
Date
5/18/2021
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RFP No. 21-025 <br />EXHIBIT B <br />Targeting Strategy Considerations <br />A specific example <br />Water Fund pension debt for Water employees is <br />$13.5 million. <br />• If we pay Misc. Base #4 with a 10-year amortization, <br />we save $11.3 million <br />• If we pay Misc Base #16 with a 27-year <br />amortization, we save $17.5 million <br />�UFI <br />
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