|
<br />
<br />
<br />The chart below summarizes the authorizations requested at this time, which equal $4,854,280 of new
<br />money bonds and $13,500,000 of refunding bonds, for a total authorization of $18,354,280.
<br />
<br />Amount
<br />Previously
<br />Amount Amount of Bonds
<br />Series Issued Authorized Issued to be Issued in 2006
<br /> New Money Refunding
<br />1994 $27,000,000 $27,000,000
<br />1994C $30,000,000 $13,500,000
<br />1994C $1,500,000 $31,500,000
<br />Notes/Bonds $50,000,000
<br />1996 Bonds -- $19,890,000
<br />
<br />1998A $15,000,000 $12,455,000
<br />Conservation $6,000,000 $1,800,000
<br />2002B $12,000,000 $11,000,000
<br />
<br /> Total 1993 Election $141,500,000 $103,645,000 $13,500,000
<br />
<br />2001B $37,570,719
<br />2003 New Project Bonds $ 7,000,000
<br />2005 Bonds $ 2,500,000
<br /> Total 2001 URBA $50,000,000 $47,070,719 $2,929,280
<br />
<br />Series 2005 – 2005 URBA $10,000,000 $8,075,000 $1,925,000
<br />
<br />Total – All Bonds $201,500,000 $158,790,719 $4,854,280 $13,500,000
<br />
<br />Series 2005 – Carmen Smith Project
<br />
<br />This item is being brought back to the council based on direction at the April 10 meeting to split the
<br />bond issuance authority into two parts. This first part is the refunding and electric system improvement
<br />authorization. The $8 million authorization related to the design costs for the West Eugene operations
<br />facility is included on the City Council calendar for this same meeting, as a separate item. Attachment
<br />A includes the resolution that the council is requested to consider at this meeting. Attachment B shows
<br />the changes from the April 10 resolution, so that the council can see that any reference to the design
<br />costs for the West Eugene operations facility has been removed in the current resolution.
<br />
<br />
<br />RELATED CITY POLICIES
<br />There are no City policies related to this item.
<br />
<br /> L:\CMO\2006 Council Agendas\M060508\S0605082F.doc
<br />
|