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File #: ORD 6543   
In control: City Council Regular Meeting
On agenda: 11/9/2020
Title: Ordinance providing for the issuance and sale of one or more series of limited tax general obligation refunding bonds of the City in the aggregate principal amount of not to exceed $65,000,000 to defease or refund certain limited tax general obligation bonds of the City and the Bellevue Convention Center Authority, including paying costs of issuance; authorizing the plan of defeasance and refunding; pledging lodging taxes to pay and secure the payment of debt service on bonds issued for Meydenbauer Center purposes; approving substantially final forms of amendments to the lease purchase agreement and the design, development, construction, financing and operating agreement with the Bellevue Convention Center Authority; and delegating the authority to approve the method of sale for and final terms of the bonds and agreements.
Attachments: 1. Agenda Memo, 2. A. 2010 Bond Refunding Analysis, 3. Ordinance
Supporting documents: 1. PowerPoint
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Ordinance providing for the issuance and sale of one or more series of limited tax general obligation refunding bonds of the City in the aggregate principal amount of not to exceed $65,000,000 to defease or refund certain limited tax general obligation bonds of the City and the Bellevue Convention Center Authority, including paying costs of issuance; authorizing the plan of defeasance and refunding; pledging lodging taxes to pay and secure the payment of debt service on bonds issued for Meydenbauer Center purposes; approving substantially final forms of amendments to the lease purchase agreement and the design, development, construction, financing and operating agreement with the Bellevue Convention Center Authority; and delegating the authority to approve the method of sale for and final terms of the bonds and agreements.