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In December 2008, the City issued $257,375,000 in revenue bonds. The proceeds from these bonds will refund variable rate debt and fund $185 million in capital expenditures into 2010.
When the City issues bonds, it is required to publish an "Official Statement," in which the City discloses all information that an investor would need to make a decision as to whether to purchase the City's bonds. This page provides access to the Official Statement issued by the City in connection with City Light's December 2008 bond issue and three previous issues.
The 2008 Official Statement Full Report provides information about City Light as of the time the bonds were issued."
