City Council

13. Consideration of an IBank Borrower’s\nUndergrounding Program Financing\nResolution\nRelated\nto\nRecommended Action: Staff recommends the City Council: 1) Receive a\npresentation from City staff regarding updated Measure Q cashflow information;\n2) Identify the maximum loan amount to be considered by IBank; and 3) Approve\nthe Borrower’s Resolution required by IBank for Undergrounding Financing\n(Attachment A).\nReference: Clerk’s File No. 1001-2