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Limited Tax General Obligation Notes
(Payable from Sewer Revenues) (Commercial Paper)
Not to Exceed $250,000,000
Series A (Tax Exempt), Series B (Taxable)
Purpose: The County may use the proceeds of the Notes for any capital purpose of the Sewer System, including refunding certain outstanding debt of the Sewer System, including outstanding Notes.
Amount Currently Outstanding for Series A (Tax-Exempt) (as of March 31, 2023): $113,700,000
Amount Currently Outstanding for Series B (Taxable) (as of March 31, 2023): $0
Documents:
Commercial Paper Offering Memorandum
King County Commercial Paper Program Activity
King County Liquidation Procedures for CP Program
Mode Agreement (King County Issuing and Paying Agent Agreement)
King County Investment Pool Portfolio Review: Quarter ended March 31, 2023
Ratings:
Moody's Rating Report (P-1)
S&P Global Rating Report (A-1+)
Dealer:
BofA Securities, Inc.
One Bryant Park, Third Floor
New York, New York 10036
Attention: Tax Exempt Money Market Desk
Telephone: 212-449-5544
Facsimile: 646-736-6960
Email: DG.TEMM@bofa.com