Sep 5, 2007BoardMeeting
BoardNew Jersey Transportation Trust Fund Authority Meeting Minutes
The board discussed the Twenty-First Supplemental Bond Resolution, specifically addressing the issuance of Transportation System Bonds to fund the Department's capital program. Key topics included the bond structure, financing strategies involving fixed and variable rate options, and the approval of bond documents such as the Continuing Disclosure Agreement and Bond Purchase Agreement. The board also authorized the issuance of up to $1.25 billion in bonds and approved the payment of associated issuance costs, including fees for bond counsel, rating agencies, and trustee services.