Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Memphis council authorizes sending $150 million bond and commercial paper resolutions to public notice
Summary
The Budget & Audit Committee approved resolutions to authorize up to $150 million in commercial paper issuance and related general-obligation bonds to refinance commercial paper and provide capital for public works projects; the presentation outlined estimated debt service and key dates for rating and sale.
The Budget & Audit Committee advanced two related finance resolutions authorizing the City of Memphis to issue up to $150 million in commercial paper and a corresponding authorization to issue up to $150 million in general-obligation improvement bonds to refinance outstanding commercial paper and fund capital projects.
Andre Walker, the city’s chief financial officer, explained the city’s…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
