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Agenda Item 4. A.2. CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITYBOND FINANCING Programming Date: May 17, 2016Request to Approve Initial Resolution ReflectingOfficial Intent to Issue Revenue NotesPrepared
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Official intent to issue is a notice filed by an issuer of municipal securities indicating their intention to issue bonds within a certain timeframe.
The issuer of municipal securities is required to file official intent to issue.
Official intent to issue can be filled out by providing information about the issuer, the details of the proposed bond issuance, and the expected timeline for issuance.
The purpose of official intent to issue is to give notice to the market and potential investors about the upcoming issuance of municipal securities.
Information such as the name of the issuer, the amount of bonds to be issued, the purpose of the issuance, and the expected timing of the issuance must be reported on official intent to issue.
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