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File #: MC 2020-102    Version: 1 Name:
Type: motion Status: Passed
File created: 4/20/2020 In control: City Council Meeting
On agenda: 5/6/2020 Final action: 5/6/2020
Title: Guarantor Letter and Related Documents: Greater Yuma Port Authority (GYPA) Loan Refinancing
Attachments: 1. 1. RFCCA GYPA Loan Refinance

Title

Guarantor Letter and Related Documents: Greater Yuma Port Authority (GYPA) Loan Refinancing

 

Summary Recommendation

Authorize the City Administrator to provide a Guarantor letter and related documents confirming the City of Yuma will act as Guarantor, on a pro-rata share basis, along with the City of San Luis and Yuma County, for a Greater Yuma Port Authority refinance loan.  (Admin/Economic Development) (Jay Simonton)