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Board told debt fund payments for 2019, 2016A and QECB are due Nov. 1; approval to be requested Oct. 23
Summary
Finance staff informed the Board that debt fund payments for several bond issues are due Nov. 1, 2025, and that Board approval for the payment will be requested at the Oct. 23 Regular meeting.
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Jennifer McKay explained that Debt Fund payments for the 2019, 2016A and Qualified Energy Conservation Bond (QECB) issues are due Nov. 1, 2025. McKay said the Board's approval will be requested at the Oct. 23 Regular meeting.
No vote was taken Oct. 15; the Oct. 15 informational meeting served to notify the Board of upcoming payment obligations and to allow members time to review relevant materials before the Oct. 23 meeting when approval will be sought.
