HomeMy WebLinkAboutMINUTES - 07201993 - 1.71 Contra
TO: REDEVELOPMENT AGENCY
Costa
FROM: Phil Batchelor <r` County
Executive Director r� ���`
DATE: July 20, 1993
SUBJECT: Qualified Advisors (Underwriters) - Redevelopment Bond Issues
SPECIFIC REQUEST(S) OR RECOMMENDATIONS (S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
Add Sutter Securities, Incorporated to the County's list of qualified
financial advisors for redevelopment bond financing.
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 counsel for County capital financing.
Pursuant to those January 30, 1990 procedures, the Board of
Supervisors established a list of qualified investment bankers.
The firm of Sutter Securities, Inc. has requested and submitted their
credentials for inclusion on the County's list of qualified investment
bankers for redevelopment bond issues.
Staff has reviewed their credentials and find them to be acceptable,
and recommends their inclusion on qualified advisors.
CONTINUED ON ATTACHMENT: YES SIGNATURE:
i
RECOMMENDATION OF EXECUTIVE DIRECTOR RECOATION O AGENCY CO TEE
APPROVE OTHER
7
I
SIGNATURE(S) :
ACTION OF AGENCY ON July 20 , 1993 APPROVED AS RECOMMENDED _. OTHER
VOTE OF COMMISSIONERS
I HEREBY CERTIFY THAT THIS IS A
} 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.
Contact: Jim Kennedy
646-4076 ATTESTED July 20 , 1993
cc: Community Development PHIL BATCHELOR,
County Administrator A NCY rRETARY
County Counsel
Auditor-Controller BY
DEPUTY
Treasurer-Tax Collector
Sutter Securities, Inc.
JK:lh
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