MDTA Board Resolution, Municipal Financing Page Two Resolution 25-02 contains the following limiting and reporting provisions: 1. Par Amount – Limited to $600 million. 2. Bond Sale Date – No later than December 31, 2026. 3. Bond Sale Reports on Results – Provided by the Executive Director and CFO at the first Board meetings after the sale dates. RECOMMENDATION Approve Board Resolution 25-02 for delegated authority to finance a portion of the capital program in calendar 2026. ATTACHMENTS • Board Resolution 25-02, Municipal Financing
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