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San Jose Ca.Gov
File #: 25-1255    Version: 1
Type: Strategic Support Status: Agenda Ready
File created: 11/17/2025 In control: City Council
On agenda: 12/2/2025 Final action:
Title: California Community Choice Financing Authority Clean Energy Project Revenue Bonds (Green Bonds).
Attachments: 1. Memorandum, 2. Appendix A, 3. Agreement - Power Supply, 4. Agreement - Custodial, 5. Agreement - Form of Limited Assignment, 6. Agreement - Prepaid Energy Project Administration, 7. Letter Agreement, 8. Resolution

...Title

California Community Choice Financing Authority Clean Energy Project Revenue Bonds (Green Bonds).

...Recommendations

Adopt a resolution:

(a) Approving, in connection with the issuance and sale of the California Community Choice Financing Authority Clean Energy Project Revenue Bonds (Green Bonds) in an aggregate principal amount not-to-exceed $1,250,000,000 to finance the acquisition of a long-term supply of electricity on a prepaid basis for the City of San José, in substantially final form, Appendix A to an Official Statement, a Power Supply Contract, a Custodial Agreement, a Letter Agreement, and a Prepaid Energy Project Administration Agreement; and

(b) Authorizing the City Manager, or her designee, and other authorized officers of the City of San José to execute and deliver such documents and any other related documents in connection therewith.

CEQA: Not a Project, File No. PP17-004, Government Funding Mechanism or Fiscal Activity with no commitment to a specific project which may result in a potentially significant physical impact on the environment. (Finance/Energy)