City Council

28. 26-56100 Recommendation to adopt resolution of the City Council of the City of Long Beach approving the issuance from time to time by the Board of Public Utilities Commissioners, on behalf of the City of Long Beach, senior sewer revenue short- term obligations issued pursuant to the terms of a senior indenture and a credit agreement and certain related documents which provide for a revolving line of credit in an amount not to exceed $45,000,000, outstanding at any time, for a maximum period of three years, to bridge finance various capital projects for the Office or Department: Financial Management Suggested Action: Approve recommendation.