Meeting Time: April 20, 2021 at 6:00pm PDT
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Agenda Item

14. 21-0118 Consideration of a Resolution Approving a Preliminary Official Statement and Continuing Disclosure Certificate Related to the Issuance of Pension Obligation Bonds (Finance Director Charelian). ADOPT RESOLUTION NO. 21-0037

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    Gary Osterhout over 2 years ago

    One of these days you folks might document the dollar value of savings annually by having a AAA rating as opposed to a AA rating, or any limiting access to capital that a lower rating might cause. Point being: the "gold standard" AAA rating might not be worth all that much given the efforts (and sacrifices) to sustain it.