Gainesville Regional Utilities Authority Agenda Packet 2026-05-13
GRU ratifies TD Bank as bond remarketing agent
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Description
The Gainesville Regional Utilities Authority approved a resolution authorizing the remarketing of its 2023 Series C variable rate utilities revenue bonds and ratified TD Bank, N.A. as remarketing agent. The transaction allows the bonds to be remarketed from TD Bank, N.A. to its affiliated entity while maintaining financing for GRU.
Contract Details
Vendor
TD BANK N.A.
Agency
City of Gainesville, FL
Contract Type
FINANCIAL_SERVICES
Document Date
May 13, 2026
Renewal Info
Existing 2023 Series C variable rate bonds will be renewed or replaced through remarketing to an affiliate, with TD Bank, N.A. serving as remarketing agent going forward.
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