City of Gainesville Agenda Gainesville Regional Utilities Authority AGENDA 2026-05-13
2023 Series C Bonds Remarketed to TD Public Finance
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Description
Gainesville Regional Utilities Authority will approve remarketing of its 2023 Series C bonds to TD Public Finance LLC at a rate of 79% of SOFR plus 57 basis points. The new arrangement is anticipated to reduce annual interest costs by roughly $137,796.
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 existing variable rate bond holding arrangement, moving the 2023 Series C bonds from TD Bank N.A. to its affiliate TD Public Finance LLC.
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