Corona

City Council

September 17, 2025 Order of Business 9 #3

Agenda Item 3

9.3\na.\nAdopt Resolution No. 2025-001 authorizing the issuance of the Corona Utility Authority 2025\nWater Revenue Bonds in the aggregate principal amount of not to exceed $45,000,000 in\nconnection with the financing of certain improvements to the water enterprise of the Corona\nUtility Authority, authorizing and directing execution of an Indenture of Trust, authorizing the\nsale of the Bonds, approving a purchase contract and an official statement and authorizing\nofficial actions and execution of related documents.\nb.\nAdopt Resolution No. 2025-002 authorizing the issuance of the Corona Utility Authority 2025\nWastewater Revenue Bonds in the aggregate principal amount of not to exceed $36,000,000\nin connection with the financing and refinancing of certain improvements to the wastewater\nenterprise of the Corona Utility Authority, authorizing and directing execution of an Indenture\nof Trust and Escrow Deposit and Trust Agreement, authorizing the sale of the Bonds,\napproving a purchase contract and an official statement and authorizing official actions and\nexecution of related documents.\nPARTNERSHIP WITH OC MARATHON LLC TO HOST THE CORONA 5000 ON MARCH 21, 2026\nThat the City Council: