City of Long Beach - File #: 04-1539

File #:

04-1539 Version: 1

Name:

Resolution authorizing City and Airport staff to proceed with document preparation for the establishment of a Commercial Paper Program for the Airport Enterprise Fund

Type:

Resolution

Status:

Passed

File created:

6/25/2004

In control:

City Council

On agenda:

6/22/2004

Final action:

6/22/2004

Title:

Resolution authorizing City and Airport staff to proceed with document preparation for the establishment of a Commercial Paper Program for the Airport Enterprise Fund not to exceed an aggregate principal amount of $15 million, the selection of one or more banks to provide one or more credit facilities for the Commercial Paper Program, the negotiation of a reimbursement agreement or other agreement with such bank, the appointment of one or more Commercial Paper Dealers, the appointment of a trustee and an issuing and paying agent and authorizing the publication of a notice regarding a public hearing concerning the issuance of Airport Revenue Commercial Paper Notes pursuant to plans of financing for certain airport projects and approving and authorizing related documents, official actions and matters. (District 5)

Sponsors:

Financial Management, Public Works

Attachments:

1. 062204-RES-39 sr.pdf, 2. 062204-RES-39 att.pdf, 3. C-28391

Date	Ver.	Action By	Action	Result	Action Details	Meeting Details	Video
6/22/2004	1	City Council	adopted	Pass	Action details	Meeting details	Not available

Title

Discussion

[Description/Discussion]

Timing Considerations

[Timing Considerations]

Fiscal Impact

[Fiscal Impact]

SUGGESTED ACTION

Adopt resolution authorizing City Manager to proceed with document preparation for the establishment of a Commercial Paper Note Program of up to $15,000,000 on behalf of the City of Long Beach Department of Public Works.

Body

[Enter Body Here]

Legislation Text

Legislation Details

Legislation Details (With Text)