News Update!!: Needles, CA: Last Tuesday’s Special Joint Needles Public Utility Authority, Board of Public Utilities, and Needles City Council Meetings regarding presentations and Revenue Bonds.

News Update!!: Needles, CA: Last Tuesday’s Special Joint Needles Public Utility Authority, Board of Public Utilities, and Needles City Council Meetings regarding presentations and Revenue Bonds.

Members of the Needles Public Utility Authority, Board of Public Utilities, and Needles City Council held a special joint meeting Tuesday night at the Needles City Council Chambers in Needles, California to hear a presentation by Urban Futures Inc. regarding potential refinancing the Revenue Bonds, 1997 Series A, Utility System Acquisition Project and to hear a presentation by Stinson Securities, LLC also regarding potential refinancing the Revenue Bonds, 1997 Series A, Utility System Acquisition Project.

After hearing the presentations and discussing the agenda items, members of the Board of Public Utilities approved, by a unanimous vote, to give preliminary go ahead to proceed.

The members of both the Needles City Council and Needles Public Utility Authority then unanimously voted to moved that city staff move forward with the refinancing of the Needles Public Utility Authority’s bonding.

More information still coming in and video is being worked on to upload to ZachNews on YouTube.

For more information regarding the Needles Public Utility Authority and Board of Public Utilities Meetings, please Cheryl Sallis at the City of Needles at: 1 (760) 326-2113 ext 315.

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