City Council

6. Adoption of a Resolution to Issue Electric Revenue Bonds Not to Exceed $120\nMillion for Electric System Capital Investments - Burbank Water and Power\nDepartment\nRecommendation:\nAdopt A RESOLUTION OF THE COUNCIL OF THE CITY OF BURBANK\nAUTHORIZING THE ISSUANCE OF NOT TO EXCEED $120,000,000\nPRINCIPAL AMOUNT OF ITS BURBANK WATER AND POWER ELECTRIC\nREVENUE BONDS, SERIES OF 2023; APPROVING AND AUTHORIZING THE\nFINANCING OF IMPROVEMENTS BY THE PROCEEDS OF SUCH BOND\nISSUANCE; APPROVING THE ENGAGEMENT OF PROFESSIONAL\nSERVICES IN CONNECTION THEREWITH; APPROVING AND\nAUTHORIZING THE EXECUTION OF A SEVENTH SUPPLEMENTAL\nELECTRIC REVENUE BOND INDENTURE; APPROVING THE FORM AND\nAUTHORIZING THE DISTRIBUTION OF AN OFFICIAL STATEMENT FOR\nUSE IN CONNECTION WITH THE SALE OF SUCH BONDS; APPROVING\nTHE FORMS OF AND AUTHORIZING CERTAIN DOCUMENTS IN\n1/20/23, 1:59 PM City Council Meeting\nCONNECTION THEREWITH; AND AUTHORIZING CERTAIN OTHER\nACTIONS RELATING TO SUCH ISSUANCE.\nStaff Report\nAttachment 1\nAttachment 2\nAttachment 3\nAttachment 4\nAttachment 5\nAttachment 6\nPublic Comment: To speak in person, a YELLOW Public Comment Card\nmust be completed and presented to the City Clerk prior to the comment\nperiod.\nCouncil Action: