Gainesville Regional Utilities Authority Agenda 2026-05-13
GRU Ratifies TD Bank as Bond Remarketing Agent
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Description
The Gainesville Regional Utilities Authority will retain TD Bank, N.A. as remarketing agent for its 2023 Series C variable rate bonds under a newly authorized remarketing arrangement. The resolution confirms TD Bank, N.A.'s role in connection with remarketing the bonds to a TD Bank affiliate.
Contract Details
Vendor
TD BANK N.A.
Agency
City of Gainesville, FL
Contract Type
FINANCIAL_SERVICES
Document Date
May 13, 2026
Renewal Info
Remarketing follows a February 18, 2026 authorization allowing the CEO/CFO to negotiate renewal or replacement of the 2023 Series C bonds within set parameters. This action continues TD Bank N.A.'s role under the new remarketing structure.
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