15. SUBJECT: MEASURE R BONDS
CONSIDER:
A. ADOPTING a Resolution, Attachment A, that:
1. AUTHORIZES Measure R Junior Subordinate Sales Tax Revenue Refunding Bonds in one or more series, to refinance one or more of Metro's Transportation Infrastructure Finance and Innovation Act ("TIFIA") Loans to achieve up to $170 mil. estimated net present value savings over the 18-yr life of the bonds through the negotiated bond sale of up to $1.75 bil. of bonds.
2. APPROVES the forms of the supplemental trust agreement, second amended and restated trust agreement, junior subordinate trust agreement, supplemental junior subordinate trust agreement, continuing disclosure certificate, preliminary official statement and such other documents as required for the issuance of the bonds, and approves related documents on file...
(REQUIRES SEPARATE, SIMPLE MAJORITY BOARD VOTE)
NOTE: For full text, please refer to the agenda on https://boardagendas.metro.net