4. Recommended by Financial Services Organization Approval of Authorization to Issue up to $413.00 Million of Water System
Revenue Bonds Under Resolution Nos. 5064 and 5065. The total estimated
debt service cost for the approximately $413.00 Million new money, including
principal and interest, is approximately $730 Million over 30 years.
Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).