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HomeMy WebLinkAboutMINUTES - 09112012 - C.132RECOMMENDATION(S): APPROVE and AUTHORIZE the County Counsel, or designee, on behalf of Contra Costa County in its capacity as Successor Agency to the Contra Costa County Redevelopment Agency, to execute a contract with Kutak Rock LLP for specialized legal services in connection with the issuance of Contra Costa County Public Finance Authority tax allocation revenue bonds. FISCAL IMPACT: Legal services under this contract are billed at a rate of $450 per hour. The funding for this contract will be billed to the Successor Agency. BACKGROUND: The Successor Agency requires specialized tax expertise related to the issuance of Public Finance Authority tax allocation revenue bonds. The firm of Kutak Rock LLP specializes in tax and bond law and can provide services needed in these areas in an efficient and cost-effective manner. CONSEQUENCE OF NEGATIVE ACTION: The Successor Agency would not be able to obtain legal services from this firm. CHILDREN'S IMPACT STATEMENT: Not applicable. APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 09/11/2012 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:John Gioia, District I Supervisor Candace Andersen, District II Supervisor Mary N. Piepho, District III Supervisor Karen Mitchoff, District IV Supervisor Federal D. Glover, District V Supervisor Contact: Thomas Geiger, 335-1800 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: September 11, 2012 David Twa, County Administrator and Clerk of the Board of Supervisors By: Carrie Del Bonta, Deputy cc: County Counsel, Dept. of Conservation and Development, Auditor-Controller, County Administrator C.132 To:Board of Supervisors From:Sharon L. Anderson, County Counsel Date:September 11, 2012 Contra Costa County Subject:Contract with Kutak Rock for Specialized Legal Services