HomeMy WebLinkAboutAgenda Report - April 30, 2008 B-01 SMAGENDA ITEM B-01
A& CITY OF LODI
COUNCIL COMMUNICATION
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AGENDA TITLE: Council Directionwith Regardto Credit Enhancement Alternatives and/or
Refinancing for the 2002 Electric Utility Certificates of Participation
MEETING DATE: April 30, 2008 Special City Council Meeting
PREPARED BY: City Manager
RECOMMENDED ACTION: Council discussion and appropriate direction regarding credit
enhancement alternatives and/or refinancing for the 2002 Electric
Utility Certificates of Participation.
BACKGROUND INFORMATION: Staff does not have information to present at this time: however, this
item is being placed on the agenda to give Council the opportunity
to take action, if need be. If action is desired, a full staff reportwiH
be presented at the meeting. Action is dependent upon response and proposalsfrom BMP Parabas
Bank and Assured Guaranty. If proposals are received, a responsefrom Lodi will be required within a
limited time.
FISCAL IMPACT: N/A at this time.
FUNDING AVAILABLE: N/A at this time.
Blair King
City Manager
BK/jm p
APPROVED: l
B Ir g, City Manager
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