Item Coversheet
 

COVER SHEET

MEETING DATE
March 6, 2025



AGENDA ITEM
Introduction, first reading, consideration of a motion to order published by title only and adopt by emergency measure Ordinance 8690 authorizing the issuance by the City of Boulder, Colorado, acting through its Stormwater and Flood Management Utility Enterprise, of its Stormwater and Flood Management Revenue Bonds, Series 2025 for the purpose of providing funds to acquire, construct, improve and equip various stormwater and flood mitigation improvements for the first phase of the South Boulder Creek flood mitigation project, including the acquisition of ownership and easement interests in land necessary for such improvements; establishing a reserve fund; prescribing the form of the Series 2025 Bonds; setting forth parameters and restrictions with respect to the Series 2025 Bonds; authorizing a competitive sale of the 2025 Bonds in an aggregate principal amount of not to exceed $66,000,000; providing for the payment and redemption of the Series 2025 Bonds from and out of the stormwater and flood management fee; providing other details and approving other documents in connection with the Series 2025 Bonds; authorizing city officials to take all action necessary to carry out the transactions contemplated hereby; ratifying actions previously taken; and declaring an emergency and providing the effective date hereof; and setting forth related details 
PRIMARY STAFF CONTACT
Ron Gilbert, Assistant Controller 
REQUESTED ACTION OR MOTION LANGUAGE

Motion to introduce, order published by title only and adopt by emergency measure Ordinance 8690 authorizing the issuance by the City of Boulder, Colorado, acting through its Stormwater and Flood Management Utility Enterprise, of its Stormwater and Flood Management Revenue Bonds, Series 2025 for the purpose of providing funds to acquire, construct, improve and equip various stormwater and flood mitigation improvements for the first phase of the South Boulder Creek flood mitigation project, including the acquisition of ownership and easement interests in land necessary for such improvements; establishing a reserve fund; prescribing the form of the Series 2025 Bonds; setting forth parameters and restrictions with respect to the Series 2025 Bonds; authorizing a competitive sale of the 2025 Bonds in an aggregate principal amount of not to exceed $66,000,000; providing for the payment and redemption of the Series 2025 Bonds from and out of the stormwater and flood management fee; providing other details and approving other documents in connection with the Series 2025 Bonds; authorizing city officials to take all action necessary to carry out the transactions contemplated hereby; ratifying actions previously taken; and declaring an emergency and providing the effective date hereof; and setting forth related details

ATTACHMENTS:
Description
Item 3E - 1st Rdg Emergency Ord 8690 authorizing the issuance by the City of Boulder, Colorado, acting through its Stormwater and Flood Management Utility Enterprise, of its Stormwater and Flood Management Revenue Bonds, series 2025