Kayla J. White
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Tobacco Securitization
Memorandum Office of Jenine Windeshausen Treasurer-Tax Collector To: The Board of Supervisors From: Jenine Windeshausen, Treasurer-Tax Collector Date: October 27, 2020 Subject: Tobacco Securitization Action Requested a) Adopt a resolution consenting to the issuance and sale by the California County Tobacco Securitization Agency not to exceed $67,000,000 initial principal amount of tobacco settlement bonds (Gold Country Settlement Funding Corporation) Series 2020 Bonds in one or more series and other related matters; authorizing the execution and delivery by the county of a certificate of the county; and authorizing the execution and delivery of and approval of other related documents and actions in connection therewith. b) Direct that eligible proceeds from the Series 2020 Bonds be expended on infrastructure improvements at the Placer County Government Center, construction of the Health and Human Services Building and other Board approved capital facilities projects. Background October 6, 2020 Board of Supervisors Meeting Summary. Your Board received an update regarding the County’s prior tobacco securitizations and information on the potential to refund the Series 2006 Bonds to receive additional proceeds for capital projects. Based on that update, the Board requested the Treasurer to return to the Board on October 27, 2020 with a resolution approving documents and other matters to proceed with refunding the Series 2006 Bonds. In summary from the October 6, 2020 meeting, the County receives annual payments in perpetuity from the 1998 Master Settlement Agreement (MSA). The MSA payments are derived from a percentage of cigarette sales. Placer County issued bonds in 2002 and 2006 to securitize a share of its MSA payments. -
WAM-2020-Directory.Pdf
2020Municipal Directory “Many Hands” mural in Downtown Laramie Photo by Laramie City Councilman Brian Harrington Wyoming Association of Municipalities Building Strong Communities 2020Municipal Directory “Many Hands” mural in Downtown Laramie Photo by Laramie City Councilman Brian Harrington Wyoming Association of Municipalities Building Strong Communities Building the future together We’ve been in Wyoming for more than 100 years and look forward to being here for the next 100 years and beyond. That’s why we’re helping to create jobs and state tax revenue through investments in energy infrastructure, roads and bridges. Together, we can create a bright future for Wyoming. Find out more at rockymountainpower.net/brighterfuture. © 2020 Rocky Mountain Power PREFACE This directory provides information on each of Wyoming’s incorporated communities, including a current listing of elected officials and key personnel. In addition, the directory includes a listing of Wyoming’s Congressional and State Elected Officials, State Agencies, Wyoming County Commissioners, and a listing of WAM’s Sponsors and Supporters. Elections are held in May and November, and the officials listed here are current as of January 2020. As election dates vary, please know the listing of officials and staff will change during the course of the year. We appreciate the assistance of our members who went to great lengths to assure the information provided in this directory is correct. WYOMUNI.ORG • VISITLARAMIE.ORG • CITYOFLARAMIE.ORG TABLE OF CONTENTS About WAM .................................................................................................. -
Altria Group, Inc. Annual Report
Altria Group, Inc. 2019 Annual Report an Altria Company an Altria Company an Altria Company an Altria Company an Altria Company an Altria Company an Altria Company an Altria Company an Altria Company an Altria Company an Altria Company an Altria Company an Altria Company an Altria Company an Altria Company an Altria Company an Altria Company an Altria Company an Altria Company an Altria Company an Altria Company an Altria Company an Altria Company an Altria Company an Altria Company Howard A. Willard III Dear Fellow Shareholders Chairman of the Board and CEO Altria delivered solid performance in a dynamic year for the tobacco industry. Our core tobacco businesses delivered outstanding financial performance, and we made significant progress advancing our non-combustible product platform. We believe Altria’s enhanced business platform positions us well for future success. 2019 Highlights n Grew adjusted diluted earnings per share (EPS) by 5.8%, primarily driven by our core tobacco businesses; and types of legal cases pending against it, especially during the fourth n Achieved $600 million in annualized cost savings, exceeding our $575 quarter of the year. Altria recorded two impairment charges of our JUUL million target announced in December 2018; asset in 2019, reducing our investment to $4.2 billion at year-end, down from n Increased our regular quarterly dividend for the 54th time in 50 years $12.8 billion, our 2019 initial investment. JUUL remains the U.S. leader in the and paid shareholders approximately $6.1 billion in dividends; and e-vapor category, and in January 2020 we revised certain terms governing n Repurchased 16.5 million Altria shares for a total cost of $845 million. -
Altria Group, Inc. Annual Report
ananan Altria Altria Altria Company Company Company an Altria Company ananan Altria Altria Altria Company Company Company | Inc. Altria Group, Report 2020 Annual an Altria Company From tobacco company To tobacco harm reduction company ananan Altria Altria Altria Company Company Company an Altria Company ananan Altria Altria Altria Company Company Company an Altria Company Altria Group, Inc. Altria Group, Inc. | 6601 W. Broad Street | Richmond, VA 23230-1723 | altria.com 2020 Annual Report Altria 2020 Annual Report | Andra Design Studio | Tuesday, February 2, 2021 9:00am Altria 2020 Annual Report | Andra Design Studio | Tuesday, February 2, 2021 9:00am Dear Fellow Shareholders March 11, 2021 Altria delivered outstanding results in 2020 and made steady progress toward our 10-Year Vision (Vision) despite the many challenges we faced. Our tobacco businesses were resilient and our employees rose to the challenge together to navigate the COVID-19 pandemic, political and social unrest, and an uncertain economic outlook. Altria’s full-year adjusted diluted earnings per share (EPS) grew 3.6% driven primarily by strong performance of our tobacco businesses, and we increased our dividend for the 55th time in 51 years. Moving Beyond Smoking: Progress Toward Our 10-Year Vision Building on our long history of industry leadership, our Vision is to responsibly lead the transition of adult smokers to a non-combustible future. Altria is Moving Beyond Smoking and leading the way by taking actions to transition millions to potentially less harmful choices — a substantial opportunity for adult tobacco consumers 21+, Altria’s businesses, and society. To achieve our Vision, we are building a deep understanding of evolving adult tobacco consumer preferences, expanding awareness and availability of our non-combustible portfolio, and, when authorized by FDA, educating adult smokers about the benefits of switching to alternative products. -