HomeMy WebLinkAboutMINUTES - 09171991 - 1.48 TO: REDEVELOPMENT AGENCY
FROM: Phil Batchelor ?=
Executive Director
Cwtra
Costa
DATE: September 10, 1991 °
SUBJECT: Qualified Advisors - Housing & Redevelopment Bond
Issues.
SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
Add Artemis Capital Group, Inc. to the County's list of qualified
financial advisors for single family and multi-family mortgage revenue
bond financings and for tax allocation' bond financings
(Redevelopment) .
FISCAL IMPACT
None.
BACKGROUND/REASONS FOR RECOMMENDATIONS
On January 30, 1990 the Board of Supervisors adopted revised policies
and procedures for the award of contracts for financial advisors,
investment bankers and bond council for County .capital financings.
Pursuant to those January 30, 1990 procedures, the Board of
Supervisors established a list of qualified investment bankers for
single family and multi-family mortgage revenue bond financings on May
22 , 1990; and on January 22 , 1991 a qualified investment banker's list
for Redevelopment Tax Allocation bonds.
A relatively new firm - Artemis Capital Group, Inc. - has requested
and submitted their credentials for inclusion on the County's list of
qualified investment bankers for housing and redevelopment bond
issues.
Staff has reviewed their credentials and find them to be -acceptable
and recommends their inclusion on qualified advisors. Artemis Cap'tal
Group is a woman-owned business enterprise (WBE) .
CONTINUED ON ATTACHMENT: YES SIGNATURE:
RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMEND T ON OF AG NCY COMMIT E
APPROVE OTHER
SIGNATURE(S) :
ACTION OF AGENCY ON September 17, 1991 APPROVED AS RECOMMENDED X OTHER
VOTE OF COMMISSIONERS
I HEREBY CERTIFY THAT THIS IS A
X UNANIMOUS (ABSENT ) TRUE AND CORRECT COPY OF AN
AYES: NOES: ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES OF THE REDEVELOPMENT
AGENCY ON THE DATE SHOWN.
cc: Community Development
County Administrator ATTESTED September 17, 1991
County Counsel PHIL BATCHELOR,
Auditor-Controller AGENCY SECRETARY
Treasurer-Tax Collector
Artemis Capital Group .via
Community Development .BY 0A11 DEPUTY
SRA18/jb/qualadvs.bos