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AgdaPkt 2019-06-24 Joint SA PFA
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AgdaPkt 2019-06-24 Joint SA PFA
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Last modified
10/1/2020 3:41:57 PM
Creation date
6/20/2019 6:01:33 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
6/24/2019
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City Council Action on May 20 <br />• Approved debt financing for City's share of RESCU <br />program <br />o SVCW debt = $250 million approx. <br />o City portion of debt = $115 million approx. <br />• Funded by: <br />o Wastewater Revenue Notes <br />o Low interest loan from EPA under Water <br />Infrastructure Finance and Innovation Act <br />(WIFIA) <br />
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