Gainesville Regional Utilities Authority Agenda 2026-05-13
GRU Amends Swap Agreement With Wells Fargo Bank
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Description
Gainesville Regional Utilities Authority authorized an amendment to its existing interest rate swap with Wells Fargo Bank associated with the 2023 Series C revenue bonds. The swap modification will correspond to the remarketing of the bonds to TD Public Finance LLC.
Contract Details
Vendor
WELLS FARGO BANK
Agency
City of Gainesville, FL
Contract Type
FINANCIAL_SERVICES
Document Date
May 13, 2026
Renewal Info
Existing swap agreement is being amended, not replaced, to match updated terms of the remarketed 2023 Series C revenue bonds.
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