GRU Bonds Remarketed to TD Public Finance LLC
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Description
Gainesville Regional Utilities Authority approved remarketing its 2023 Series C variable rate bonds to TD Public Finance LLC. The new financing structure is expected to yield an estimated annual interest savings of $137,796 based on current SOFR rates.
Contract Details
Vendor
TD PUBLIC FINANCE LLC
Agency
City of Gainesville, FL
Contract Type
FINANCIAL_SERVICES
Document Date
May 13, 2026
Renewal Info
This remarketing functions as a renewal/replacement of the 2023 Series C variable rate bonds under new rate terms with TD Public Finance LLC, pursuant to prior February 18, 2026 authorization.
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Gainesville Regional Utilities Authority Agenda Packet 2026-05-13
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