FINANCIAL_SERVICESAPPROVED

Tahoe City Public Utility District AgendaPacket Resolution No. 26-15 Interim Financing 2026-04-17

District authorizes $7 million Madden Creek bond issue

Not to exceed $7,000,000 in bonds underwritten for Madden Creek project (bond par amount; underwriting compensation not specified)Tahoe City Public Utility DistrictOPPENHEIMER & CO INCApril 17, 2026

Trusted by teams at

Description

Tahoe City Public Utility District previously authorized issuance of up to $7,000,000 in revenue bonds for the Madden Creek Water System Reconstruction Project, with Oppenheimer & Co. Inc. as underwriter. This long-term bond financing complements the interim bank loan now approved for the Tahoe Cedars project.

Contract Details

Contract Amount

Not to exceed $7,000,000 in bonds underwritten for Madden Creek project (bond par amount; underwriting compensation not specified)

Vendor

OPPENHEIMER & CO INC

Agency

Tahoe City Public Utility District, CA

Contract Type

FINANCIAL_SERVICES

Document Date

April 17, 2026

Renewal Info

Single bond issuance authorization; renewals or additional series would require separate future Board action.

Related Contracts

Northern Sonoma County Fire Protection District AgendaPacket Regular Board of Directors’ Meeting 2026-06-18

APPROVED

Northern Sonoma County Fire Protection District (California)June 17, 2026

Tahoe City Public Utility District AgendaPacket Resolution No. 26-15 Interim Financing 2026-04-17

ONGOING

Tahoe City Public Utility District (California)Included within approximately $165,000 total issuance costs (individual firm fee not separately stated)April 17, 2026

Issuing Agency