Item Coversheet

VAIL TOWN COUNCIL AGENDA MEMO

ITEM/TOPIC:   Vail Reinvestment Authority Bond Refunding Update

PRESENTER(S):   Kathleen Halloran,CPA Finance Director

ACTION REQUESTED OF COUNCIL:   Informational only.

BACKGROUND:   On May 19, 2020 Town Council authorized the Town Manager and refinance team to proceed with a refunding of VRA Bonds Series 2010B.  This presentation is to update Council on selection of a bank and financing terms prior to the closing date set for July 15. 

STAFF RECOMMENDATION:   No action required, informational only.

ATTACHMENTS:
Description
VRA bond update