Long Beach

City Council

19. 24-52813 Recommendation to adopt and approve resolution authorizing the bond issuance and sale by the Board of Public Utilities Commissioners, of Senior Water Revenue Bonds to provide funds to refund and defease all currently outstanding water revenue debt obligations, pay the cost of certain capital improvements to the water system of the City of Long Beach, and pay the costs of issuance in an aggregate principal amount not to exceed $98,000,000; authorizing the execution of related documents; and approving related official actions. The series 2024 Bonds are secured solely by net revenues of the Water Enterprise. (Citywide)