Title
Public Hearing on Proposed Issuance by the Public Finance Authority of Not to Exceed $451,700,000 Pollution Control Revenue Refunding Bonds (Duke Energy Progress Project) Series 2022
Recommended Action
That the Board of Commissioners:
1. Holds a public hearing on the proposed issuance by the Public Finance Authority of not to exceed $451,700,000 Pollution Control Revenue Refunding Bonds (Duke Energy Progress Project), Series 2022; and
2. Following the public hearing, adopts a resolution approving the issuance by the Public Finance Authority (the "Authority") of not to exceed $451,700,000 Pollution Control Revenue Refunding Bonds (Duke Energy Progress Project), Series 2022, for purposes of meeting the requirements of the Internal Revenue Code of 1986, as amended (the “Code”).