Item 34

Authorize the resolution permitting the State Treasurer to proceed with the sale and issuance of up to $75 million of general obligation (“new money”) bonds through a competitive process, negotiated sate, or private placement. (2) Further authorize the resolution permitting the State Treasury to conduct the sale and issuance of up to $50 million of general obligation refunding bonds through a competitive process, negotiated sale, or private placement to refund outstanding general obligation bonds of the State to generate net present value debt service savings. Both resolutions have an expiration date of September 30, 2023.