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File #: 15-00552    Version: A Name: Refinancing Opportunity - 2007 Bond Issue
Type: Communication Status: Passed
File created: 6/15/2015 In control: Finance and Personnel Committee
On agenda: Final action: 8/3/2015
Title: Subject: Communication from the General Manager Presenting a Refinancing Opportunity for a 2007 Bond Issue - Brad Viegut from R. W. Baird Invited to the Meeting Recommendation of the Racine Waterworks Commission on 6/30/15: To approve Recommendation of the Finance & Personnel Commitee on 7-27-15: To approve the refinancing for a 2007 Bond Issue for the Water Department Fiscal Note: Refinancing of this bond issue has the potential of saving $110,000.00 per year over the remaining life of the loan
Attachments: 1. hypothetical refinancing june wa agenda, 2. prs financing plan_racine finance committee _072715

Title

Subject: Communication from the General Manager Presenting a Refinancing Opportunity for a 2007 Bond Issue - Brad Viegut from R. W. Baird Invited to the Meeting

 

Recommendation of the Racine Waterworks Commission on 6/30/15: To approve

 

Recommendation of the Finance & Personnel Commitee on 7-27-15: To approve the refinancing for a 2007 Bond Issue for the Water Department

 

Fiscal Note: Refinancing of this bond issue has the potential of saving $110,000.00 per year over the remaining life of the loan