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File #: ORD 6595   
In control: City Council Regular Meeting
On agenda: 8/2/2021
Title: Ordinance of the City of Bellevue, Washington, 1) providing for the issuance of a limited tax general obligation refunding bond of the City in a maximum principal amount of $110,000,000, to evidence the City’s obligations under a TIFIA loan agreement with the United States Department of Transportation; 2) authorizing execution of the loan agreement, the delivery of the bond to the United States Department of Transportation, and the payment of costs of issuance of the bond; and 3) delegating the authority to approve the terms of the loan agreement and the final form and terms of the bond.
Attachments: 1. Agenda Memo, 2. Ordinance
Supporting documents: 1. PowerPoint
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title

Ordinance of the City of Bellevue, Washington, 1) providing for the issuance of a limited tax general obligation refunding bond of the City in a maximum principal amount of $110,000,000, to evidence the City’s obligations under a TIFIA loan agreement with the United States Department of Transportation; 2) authorizing execution of the loan agreement, the delivery of the bond to the United States Department of Transportation, and the payment of costs of issuance of the bond; and 3) delegating the authority to approve the terms of the loan agreement and the final form and terms of the bond.