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Presentation - Item 38 - Water Revenue Bonds-compressed
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Presentation - Item 38 - Water Revenue Bonds-compressed
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6/4/2024 7:13:07 PM
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6/4/2024
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Slide 7 <br />Water Revenue Bonds <br />Item #38 <br />Finance and Management Services Agency <br />June 4, 2024 <br />Resolution to Approve Documents <br />1.Master Installment Purchase Agreement where <br />PFA agrees to sell bonds and City agrees to <br />purchase completed capital improvements with <br />installment payments <br />2.First Supplement to Master Installment Purchase <br />Agreement to create the obligation and assign the <br />PFA rights to collect installment payments and <br />duties to make bond payments to the Trustee <br />3.Escrow Agreement to facilitate payment of the <br />2014 bonds
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