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Resolution 3509

Submitted by lxs619 on
Adopted Date
Document File
Resolution Category
Bonds
Status
Active
Description
Authorizing the issuance and sale of Revenue and Refunding Bonds, Series 2003A, Series 2003B, Series 2003C, Series 2003D, Series 2003E, Series 2003F and Series 2003G in the aggregate principal amount of not to exceed $550,000,000, for the purposes of financing or refinancing airport capital improvements and refunding certain outstanding revenue bonds of the Port; fixing the date, forms, maximum true interest cost for the Series 2003 Bonds;
authorizing the Chief Executive Officer of the Port to approve the interest rates, maturity dates, redemption rights and principal maturities for the Series 2003 Bonds under the terms and conditions set forth herein; providing for ongoing disclosure; approving the appointment of an escrow agent and execution of one or more escrow agreements; and providing for a negotiated sale of the Series 2003 Bonds to Goldman, Sachs & Co., Citigroup Global Markets Inc., E.J. De La Rosa & Co., Lehman Brothers Inc., Seattle-Northwest Securities Corporation, and UBS Financial Services Inc.