On Monday, September 28, 2026, Siebert Williams Shank served as sole manager for the City of Pleasanton's (the "City") $14,980,000 2026 Water Revenue Bonds (the "Bonds"). 

The City expects to use the Bonds to finance improvements to the Water System approved by the City Council, including Water Meter and Advanced Metering Infrastructure (AMI) System Replacement, Groundwater Supply Projects, Emergency Power Improvements, and Annual Water Distribution System Improvements.

The Bonds were successfully priced in a volatile market environment marked by increasing bond yields and rising inflation. The firm leveraged its deep experience with California issuers and California utility transactions to position the deal for success.

Siebert Williams Shank is proud to support the City of Pleasanton in financing critical water infrastructure investments that will provide lasting benefits to the community.