Nashville Metro CouncilRS2026-2397Resolution

This resolution authorizes the Metropolitan Government of Nashville and Davidson County to issue and sell electric system revenue bond anticipation notes in the form of commercial paper, with an aggregate principal amount not to exceed $100,000,000. It also authorizes related agreements including dealer agreements, issuing and paying agency agreements, and credit or liquidity facility agreements, and classifies the notes as subordinated debt under a prior resolution.

A resolution authorizing and providing for the issuance and sale by The Metropolitan Government of Nashville and Davidson County of electric system revenue bond anticipation notes in the form of commercial paper in an aggregate principal amount outstanding at any one time not to exceed $100,000,000, such bond anticipation notes to constitute "Subordinated Debt" under Substitute Resolution No. R85-746; authorizing and providing for one or more dealer agreements, issuing and paying agency agreements, and credit and/or liquidity facility agreements; and providing for certain other matters related thereto.

Jason Spain
Introduced 11/5/2026Metropolitan CouncilResolution
→ Next on agenda in 3 days (11/17/2026)

What it does

  • 1Authorization to issue and sell electric system revenue bond anticipation notes as commercial paper up to $100,000,000.
  • 2Designation of the bond anticipation notes as subordinated debt under Substitute Resolution No. R85-746.
  • 3Authorization for entering into dealer agreements, issuing and paying agency agreements, and credit and/or liquidity facility agreements.

This resolution authorizes the Metropolitan Government of Nashville and Davidson County to issue and sell electric system revenue bond anticipation notes in the form of commercial paper, with an aggregate principal amount not to exceed $100,000,000. It also authorizes related agreements including dealer agreements, issuing and paying agency agreements, and credit or liquidity facility agreements, and classifies the notes as subordinated debt under a prior resolution.

Affects
Metropolitan Government of Nashville and Davidson CountyElectric System of Nashville and Davidson County

Activity timeline

4 of 4
  • New document
    Impact 10

    New exhibit: Exhibit 1

  • New document
    Impact 10

    New exhibit: Exhibit 2

  • New document
    Impact 10

    New exhibit: Exhibit 1

  • New document
    Impact 10

    New exhibit: Exhibit 2

Legislative history

11/10/2026
Metropolitan Council
Referred without comment
11/10/2026
Metropolitan Council
Referred without comment

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