Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council briefed on JUICE bond plan; staff expects about $79 million issue and April pricing
Summary
City finance advisers told council the JUICE Board approved bond parameters up to $95 million but market conditions make a closer-to-$79 million issuance likely; pricing was targeted for late April with closing expected in May and first debt service in February 2027.
Paul, a presenter for the JUICE financing update, told the council the JUICE Board has approved parameters authorizing up to $95,000,000 in revenue bonds for the second phase of the engine plant but that market conditions point toward an actual issue near $79,000,000.
“We’re actually probably gonna be closer to around $79,000,000 as far as…
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
