Burbank

City Council

June 04, 2024 Consent Calendar #13

Agenda Item 13

13. Adoption of Resolutions Authorizing the Issuance of Water Refunding Bonds,\nSeries of 2024, and Electric Refunding Bonds, Series of 2024 – Burbank Water\nand Power Department\n1. Adopt A RESOLUTION OF THE COUNCIL OF THE CITY OF BURBANK\nAUTHORIZING THE ISSUANCE OF NOT TO EXCEED $60,000,000\nPRINCIPAL AMOUNT OF ITS BURBANK WATER AND POWER\nELECTRIC REVENUE REFUNDING BONDS, SERIES OF 2024;\nAPPROVING AND AUTHORIZING THE REFUNDING OF CERTAIN\nOUTSTANDING BONDS; APPROVING THE ENGAGEMENT OF\nPROFESSIONAL SERVICES IN CONNECTION THEREWITH;\nAPPROVING AND AUTHORIZING THE EXECUTION OF AN EIGHTH\nSUPPLEMENTAL ELECTRIC REVENUE BOND INDENTURE;\nAPPROVING THE FORM AND AUTHORIZING THE DISTRIBUTION OF\nAN OFFICIAL STATEMENT FOR USE IN CONNECTION WITH THE\nSALE OF SUCH BONDS; APPROVING THE FORMS OF AND\nAUTHORIZING CERTAIN DOCUMENTS IN CONNECTION\n5/31/24, 1:36 PM City Council Meeting - Joint Meeting with Successor Agency, Housing Authority, and Parking Authority\nTHEREWITH; AND AUTHORIZING CERTAIN OTHER ACTIONS\nRELATING TO THE FOREGOING.\n2. Adopt A RESOLUTION OF THE COUNCIL OF THE CITY OF BURBANK\nAUTHORIZING THE ISSUANCE OF NOT TO EXCEED $30,000,000\nPRINCIPAL AMOUNT OF ITS BURBANK WATER AND POWER WATER\nREVENUE REFUNDING BONDS, SERIES OF 2024; APPROVING AND\nAUTHORIZING THE REFUNDING OF CERTAIN OUTSTANDING\nBONDS; APPROVING THE ENGAGEMENT OF PROFESSIONAL\nSERVICES IN CONNECTION THEREWITH; APPROVING AND\nAUTHORIZING THE EXECUTION OF A FOURTH SUPPLEMENTAL\nBOND INDENTURE; APPROVING THE FORM AND AUTHORIZING THE\nDISTRIBUTION OF AN OFFICIAL STATEMENT FOR USE IN\nCONNECTION WITH THE SALE OF SUCH BONDS; APPROVING THE\nFORMS OF AND AUTHORIZING CERTAIN DOCUMENTS IN\nCONNECTION THEREWITH; AND AUTHORIZING CERTAIN OTHER\nACTIONS RELATING TO THE FOREGOING.