HomeMy WebLinkAboutSubmittal - Tunnel Loan Refinancing TimelineTunnel Loan Refinancing — timeline
Next Steps:
1. Brief Mayor and City Commissioners - week of October 1 and October 8 - completed
2. Submit resolution for City'Commission action October 11 - completed
Resolution authorizing Wells Fargo Bank as sole underwriter - request deferral to
October 25
3. Submit necessary documents October 13 - work in process
4. Items submitted for City Commission and CRA Board approval October 25 - work in process
Preliminary Limited Offering Memorandum (PLOM)
Inter -local and Grant Agreement
Resolution authorizing Wells Fargo Bank as sole underwriter - comes back as deferred
item, if approved by City Commission
Resolution amending the FY'13 Adopted Budget to estimate revenues and appropriate
expenditures for payment of the bank loan due January 2013
5. Submit final documents for City Commission approval November 5 - work in process
6. Items submitted for City Commission approval - November 15 - work in process
Bond Resolution
Limited Offering Memorandum
7. Price transaction by first week of December - work in process
8. Close December 20 or earlier pay Wells Fargo Bank - work in process
cc: Johnny Martinez, P.E. City Manager
Julie Bru, City Attorney
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