Meeting Time: May 12, 2026 at 10:00am PDT
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Agenda Item

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).