Council hears options for bond refunding; staff recommends 'parameter sale' flexibility

May 7, 2025

Staff updated council on three callable bond series and recommended the council consider a parameter sale to allow market-timed refunding if conditions meet preset thresholds.

The full story

City finance staff updated the council on a possible refunding of callable bonds and described a “parameter sale” as a way to allow a market-timed refunding within council-approved limits.

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