We have some matters financed with the Libor Rate being the index that the variable rate is tied to. We understand that it is going away at the end of 2021. What are other cities doing when faced with this issue? Tying it to another index, if so, which one? Or seeking other financing options?
Any thoughts would be welcomed.
Thanks,
Beverly Palmer
City Attorney
City of Del City
3701 S.E. 15th Street
Del City, OK 73115
bpalmer@cityofdelcity.orgmailto:bpalmer@cityofdelcity.org
Office: (405) 671-2813
Fax: (405) 571-2897
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