Title
Colorado Springs Utilities Plan of Finance Update
Body
From:
Jerry Forte, P.E., Chief Executive Officer, Colorado Springs Utilities
Summary:
Presentation of three financing items that are on the agenda for 1st and 2nd readings on August 12th and 26th respectively. The items include a new money bond issue, a standby bond purchase agreement renewal, and the replacement of the remarketing agent on a bond issue.
Previous Council Action:
N/A
Background:
Utilities Finance Committee requested the review prior to the first reading of each item on August 12th
Financial Implications:
Presentation is provided at this time as background information only.
Board/Commission Recommendation:
N/A
Stakeholder Process:
N/A
Alternatives:
N/A
Recommended Action
Proposed Motion:
N/A
Ordinance Language
N/A