Ordinance NO. ORD-23-26

BY THE COUNCIL   CORLESS, HALLYBURTON, MORALES, NASH, STEAD AND WILLITS.--

AN ORDINANCE OF THE CITY OF BOISE CITY, ADA COUNTY, IDAHO, AUTHORIZING THE ISSUANCE OF ITS WATER RENEWAL REVENUE BONDS, SERIES 2026, TO PROVIDE FUNDS NECESSARY TO FINANCE IMPROVEMENTS TO THE CITY’S WATER RENEWAL SYSTEM; FIXING THE FORM OF THE BONDS TO BE ISSUED; AUTHORIZING EXECUTION AND DELIVERY OF A BOND PURCHASE AGREEMENT, AN OFFICIAL STATEMENT, AND A CONTINUING DISCLOSURE AGREEMENT; DELEGATING AUTHORITY TO APPROVE THE TERMS AND PROVISIONS OF THE SALE OF THE BONDS PURSUANT TO A BOND PURCHASE AGREEMENT; PROVIDING FOR THE REGISTRATION AND AUTHENTICATION OF THE BONDS; PLEDGING REVENUES FOR PAYMENT OF DEBT SERVICE ON BONDS; PROVIDING FOR CERTAIN FEDERAL TAX COVENANTS WITH RESPECT TO THE BONDS; PROVIDING FOR OTHER MATTERS PROPERLY RELATING THERETO; ORDERING PUBLICATION; APPROVING A SUMMARY OF THE ORDINANCE; PROVIDING FOR WAIVER OF THE READING RULES AND PROVIDING AN EFFECTIVE DATE.

SEE ATTACHMENT "2026 SERIES ORDINANCE - (BOISE WATER RENEWAL REVENUE BONDS)_COMBINED PDF"

ADOPTED by the Council of Boise City, Idaho, on June 2, 2026.

APPROVED by the Mayor of the Boise City, Idaho, on June 2, 2026.