Approve an ordinance authorizing the issuance of short-term obligations through a private placement in a maximum of $100,005,000 at any one time outstanding, authorizing the replacement of an existing letter of credit to support Austin Energy’s activities in the Electric Reliability Council of Texas market, approving the execution of all related agreements, including a Note Purchase Agreement for any related credit facilities, and approving payment of all related costs of issuance.
25-1351 · Consent · Passed