Title
Subject: Issuance of Sewer Revenue Bonds
From: Finance and Management Agency
Recommendation: Approve the Final Passage (Second Reading) of an Ordinance adding Chapter 4.50 to Title 4 of the Oakland Municipal Code setting forth powers and procedures for the issuance of sewer revenue bonds for the purpose of financing and refinancing sewer system improvements; and setting forth definitions, general provisions, general powers, issuance procedures and certain supplemental provisions relating to the issuance of such bonds, including establishment of a Rate Stabilization Fund