HomeMy WebLinkAboutMINUTES - 04032012 - C..57RECOMMENDATION(S):
APPROVE and AUTHORIZE the County Administrator, or designee, to execute a contract
with Quint & Thimmig LLP in an amount not to exceed $500,000 for bond counsel services
for the period of July 1, 2011 through June 30, 2014.
FISCAL IMPACT:
The cost of bond counsel services is covered in the cost of issuance included in each bond
issue. Fees are negotiated for each borrowing transaction based upon the size and
complexity of the transaction. Other special bond related projects are billed on an hourly
basis and charged to occupants of the property for which the bond is issued.
BACKGROUND:
On May 2, 2011, the County issued a Request for Proposals (RFP) for bond counsel
services . After review by committee and firm interviews, Quint & Thimmig LLP was
selected to provide bond counsel services for Mello-Roos and Assessment issues.
Since March 1997, Quint & Thimmig LLP has served as bond counsel, disclosure counsel
or underwriter's for over 1,200 long term bond issues (inclusing assessment, Mello-Roos
APPROVE OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
Action of Board On: 04/03/2012 APPROVED AS RECOMMENDED OTHER
Clerks Notes:
VOTE OF SUPERVISORS
AYE:John Gioia, District I
Supervisor
Mary N. Piepho, District III
Supervisor
Karen Mitchoff, District IV
Supervisor
Federal D. Glover, District V
Supervisor
ABSENT:Gayle B. Uilkema, District II
Supervisor
Contact: Kristen Lackey,
925-335-7228
I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the
Board of Supervisors on the date shown.
ATTESTED: April 3, 2012
David Twa, County Administrator and Clerk of the Board of Supervisors
By: Carrie Del Bonta, Deputy
cc:
C.57
To:Board of Supervisors
From:David Twa, County Administrator
Date:April 3, 2012
Contra
Costa
County
Subject:Bond Counsel Services Contract
and Marks-Roos). The Couny selected Quint & Thimmig based on their experience and
expertise dealing with these issues.
CONSEQUENCE OF NEGATIVE ACTION:
The County will not have the representation needed for Mello-Roos and assessment issues.
CHILDREN'S IMPACT STATEMENT:
None.