HomeMy WebLinkAboutFinancing Corporation-annual meeting
Annual Meeting of the TDPUD December 17, 2014 Financing Corporation
Annual Meeting 2 2036 last payment–$2 million paid annually–$20 million balance–4.0% to 5.0% interest rate–$27 million issued–COP for various water system improvement projectsPipeline
replacement and refinance the 1996 –2006 COP •Secured by District revenue–term financing-Other long–Finance public works projects–Participation (COP’s) Corporation was formed in 1986
to sell Certificates of The Truckee Donner Public Utility District Financing •Background / History of the TDPUD Financing Corporation
Annual Meeting 3 Treasurer, Robert Mescher•Secretary, Michael D. Holley•Vice President, Bob Ellis•President, Tony Laliotis•For 2014:–Financing CorporationHistorically, officers of the
District served as officers of the •Report qualifying events–Disclose annual reports–onto the DistrictAll responsibilities of the Financing Corporation are passed •Background / History
of the TDPUD Financing Corporation
Annual Meeting 4 Minutes of meetings on December 4, 2013 and July 16, 2014•Minutes–Agenda Item #5 CorporationAppointment of the Secretary and Treasurer for the Financing •CorporationElection
of President and Vice President for the Financing •Elections and Appointments–Agenda Item #4 New Information of the TDPUD Financing Corporation
Annual Meeting 5 2013 and July 16, 2014Approve the minutes of the meetings held on December 4, –Agenda Item #5•Robert Mescher as Treasurer for the Financing CorporationAppoint Michael
D. Holley as Secretary and –CorporationElect a President and Vice President for the Financing –Agenda Item #4•Recommendation of the TDPUD Financing Corporation