REVENUE ANTICIPATION BORROWING (2023) BYLAW NO. 10445

The City of Richmond (the City) maintains a credit facility agreement with its bank, which includes: (i) $15,000,000 in standby letters of credit, demand promissory notes or bank overdraft; (ii) $4,500,000 in leasing lines of credit; and (iii) $2,000,000 in commercial card credit facility.

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