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HomeMy WebLinkAboutMINUTES - 08161994 - 1.85 - . Contra Costa TO: BOARD OF SUPERVISORS County FROM: Harvey E. Bragdon Director of Community Development DATE : August 16, 1994 SUBJECT: Qualified Advisors (Underwriters) Multi-Family Housing Bond Issues SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION RECOMMENDATIONS ADD First Interstate Bank to the County's list of qualified financial advisors for multi-family housing bond financings. 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 First Interstate Bank has requested and submitted their credentials for inclusion on the County's list of qualified investment bankers for multi-family housing bond issues. Staff has reviewed their credentials and find them to be acceptable, and recommends their inclusion as qualified advisors . CONTINUED ON ATTACHMENT: YES SIGNATURE : RECOMMENDATION OF COUNTY ADMINISTRATOR RENDATION. BOARD CO TTEE APPROVE OTHER 7 SIGNATURE (S) ACTION OF BOARD ON Ancinst- 16 , 1994 APPROVED AS RECOMMENDED x OTHER VOTE OF SUPERVISORS 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 BOARD OF SUPERVISORS ON THE DATE SHOWN. Source: Jim Kennedy 646-4076 August 16 , 19�94 cc: Community Development ATTESTED County Administrator PHIL BATCHELOR, CLERK OF County Counsel THE BOARD OF SUPERVISORS Auditor-Controller AND COUNTY ADMINISTRATOR Treasurer-Tax Collector via Community Development First Interstate Bank BY DEPUTY JK:1h sra15/lstbank.bos