Pleasanton council to review potential bond sale to finance water infrastructure projects
The Pleasanton City Council will be reviewing a staff presentation on the city’s proposed plan to authorize and approve a bond sale for as much as $19 million to finance a portion of planned water infrastructure upgrades during Tuesday’s meeting. According to the March 5 staff report, staff will be presenting a debt financing overview and a resolution for the council to approve, which will declare the city’s intent to “reimburse expenditures relating to capital improvement projects from the proceeds of tax-exempt obligations.”