Gainesville Regional Utilities Authority Agenda Packet 2026-05-13
GRU bonds remarketed to TD Public Finance affiliate
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Description
The Gainesville Regional Utilities Authority approved remarketing of its 2023 Series C variable rate bonds to TD Public Finance LLC at a rate of 79% of SOFR plus 57 basis points. The new arrangement is projected to save the utility about $137,796 annually in interest costs.
Contract Details
Vendor
TD PUBLIC FINANCE LLC
Agency
City of Gainesville, FL
Contract Type
FINANCIAL_SERVICES
Document Date
May 13, 2026
Renewal Info
Represents a renewal/replacement of the interest rate and holder for the 2023 Series C variable rate bonds via remarketing to TD Public Finance LLC.
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