File #: 16-4262   
Type: Regular Item Status: Agenda Ready
In control: Board of Commissioners
On agenda: 7/11/2022 Final action:
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
Attachments: 1. 20220711 - Duke Energy Refunding Bonds - Item Summary.pdf, 2. 20220711 - Duke Energy Refunding Bonds - Board Presentation by McGuireWoods LLP.pdf, 3. 20220711 - Duke Energy Refunding Bonds - Attachment 1 - TEFRA Approval Requirement.pdf, 4. 20220711 - Duke Energy Refunding Bonds - Attachment 2 - Desription of Purpose of Bonds.pdf, 5. 20220711 - Duke Energy Refunding Bonds - Attachment 3 - Notice of Public Hearing.pdf, 6. 20220711 - Duke Energy Refunding Bonds - Attachment 4 - Draft BOC Authorizing Resolution; Cert of Public Hrg.pdf

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”).