Burbank
City Council
13. Adoption of Resolutions Authorizing the Issuance of Water Refunding Bonds,
Series of 2024, and Electric Refunding Bonds, Series of 2024 – Burbank Water
and Power Department
1. Adopt A RESOLUTION OF THE COUNCIL OF THE CITY OF BURBANK
AUTHORIZING THE ISSUANCE OF NOT TO EXCEED $60,000,000
PRINCIPAL AMOUNT OF ITS BURBANK WATER AND POWER
ELECTRIC REVENUE REFUNDING BONDS, SERIES OF 2024;
APPROVING AND AUTHORIZING THE REFUNDING OF CERTAIN
OUTSTANDING BONDS; APPROVING THE ENGAGEMENT OF
PROFESSIONAL SERVICES IN CONNECTION THEREWITH;
APPROVING AND AUTHORIZING THE EXECUTION OF AN EIGHTH
SUPPLEMENTAL ELECTRIC REVENUE BOND INDENTURE;
APPROVING THE FORM AND AUTHORIZING THE DISTRIBUTION OF
AN OFFICIAL STATEMENT FOR USE IN CONNECTION WITH THE
SALE OF SUCH BONDS; APPROVING THE FORMS OF AND
AUTHORIZING CERTAIN DOCUMENTS IN CONNECTION
5/31/24, 1:36 PM City Council Meeting - Joint Meeting with Successor Agency, Housing Authority, and Parking Authority
THEREWITH; AND AUTHORIZING CERTAIN OTHER ACTIONS
RELATING TO THE FOREGOING.
2. Adopt A RESOLUTION OF THE COUNCIL OF THE CITY OF BURBANK
AUTHORIZING THE ISSUANCE OF NOT TO EXCEED $30,000,000
PRINCIPAL AMOUNT OF ITS BURBANK WATER AND POWER WATER
REVENUE REFUNDING BONDS, SERIES OF 2024; APPROVING AND
AUTHORIZING THE REFUNDING OF CERTAIN OUTSTANDING
BONDS; APPROVING THE ENGAGEMENT OF PROFESSIONAL
SERVICES IN CONNECTION THEREWITH; APPROVING AND
AUTHORIZING THE EXECUTION OF A FOURTH SUPPLEMENTAL
BOND INDENTURE; APPROVING THE FORM AND AUTHORIZING THE
DISTRIBUTION OF AN OFFICIAL STATEMENT FOR USE IN
CONNECTION WITH THE SALE OF SUCH BONDS; APPROVING THE
FORMS OF AND AUTHORIZING CERTAIN DOCUMENTS IN
CONNECTION THEREWITH; AND AUTHORIZING CERTAIN OTHER
ACTIONS RELATING TO THE FOREGOING.