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Subject: Lease and Revenue Bonds - Interest Rate Swaps
From: Finance and Management Agency
Recommendation: Adopt the following legislation regarding the execution of interest rate swaps:
1) Adopt an Ordinance authorizing the City to enter into a lease and sublease with the Oakland Joint Powers Financing Authority in connection with the issuance by the Oakland Joint Powers Financing Authority of certain Lease Revenue Bonds, and authorizing the taking of all necessary actions relating to such financing; and the publication of the Notice and Digest and certain other related matters; and
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