9. Recommended by Office of the Chief Financial Officer Approval of Authorization to Issue up to $557.315 Million, of Power System
Revenue Bonds Under Resolution Nos. 5089 and 5090. The proposed
Resolutions will authorize the issuance of up to $557.315 Million, of
fixed-rate, tax-exempt Power System Revenue Bonds, 2026 Series B
(Power 2026B Bonds) consisting of new money to partially fund the Capital
Improvements to the Power System and to refinance certain outstanding
Power System Revenue Bonds, 2021 Series C, 2022 Series D, and
2023 Series D (together, the “Refunded Bonds”), and to pay the related costs
of the debt issuance.
Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3).