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HomeMy WebLinkAboutMINUTES - 01221991 - FC.1 TO: BOARD OF SUPERVISORS Contra .� FROM: Finance ';Committee Costa I •� -�� ';• nl is County DATE: January 22, 1991 4° SUBJECT: ESTABLISHMENT OF A QUALIFIED ADVISORS' LIST SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION RECOMMENDATION• Designate the firms, as listed in the attachment, as qualified for inclusion in an Advisors' List for potential selection in future issuances of tax allocation bonds for redevelopment areas. BACKGROUND: The County Redevelopment Agency is contemplating future issuances of tax allocation bonds to finance public improvements within designated Redevelopment Project Areas. Pursuant to established Board of Supervisors ' procedures, staff has requested Statements of Qualifications from prospective financial advising firms, investment banking firms and bond counsel firms for use in said transactions. The attached tables summarize the general information provided in the Statement of Qualifications: Table 1 Financial Advisors Table 2 Investment Bankers Table 3 Bond Counsel Based on a review of the Statements of Qualifications, all of the firms have experience in the transaction area or have personnel who have such experience. Therefore, staff is recommending that each of the firms be designated for inclusion on a Qualified Advisors' List. CONTINUED ON ATTACHMENT: X YES SIGNATURE: RECOMMENDATION OF COUNTY ADMI S A RECOMMENDATION OF BOARD COMMITTEE APPROVE OTH r----- ��� SIGNATURE(S): ob o er Tom Torlakson ACTION OF BOARD ON January 22 1991 APPROVED AS RECOMMENDED X OTHER VOTE OF SUPERVISORS I HEREBY CERTIFY THAT THIS IS A TRUE X UNANIMOUS(ABSENT ) AND CORRECT COPY OF AN ACTION TAKEN AYES: NOES: AND ENTERED ON THE MINUTES OF THE BOARD ABSENT: ABSTAIN: OF SUPERVISORS ON THE DATE SHOWN. CC: County Redevelopment Director ATTESTED " eZ 99 County Counsel PH BATCHELOR, RK OF THE BOARD OF County Administrator SUPERVISORS AND COUNTY ADMINISTRATOR BY DEPUTY M382 (10/88) -2- The Agency does contemplate one or more financings in 1991; therefore, a process for designating advisors will be undertaken in the near''' future. A committee consisting of the County Auditor-Controller, County Treasurer-Tax Collector, Deputy County Administrator„ for Capital Projects and the Director of Redevelopments will review the Qualifications and such additional information as is determined necessary and submit recommendations to the Internal Operations Committee and Finance Committee for designation of financial advisors, investment bankers and bond counsel. �i f T F A ,y, W 3 � A A F O acs O CO Xp N N A r fD ° -d Krn % n A T' 7O O r C Z r N 7 W 1 N W * ^' 0 -p r O A N O O A 3 Z N r o in 0 0 s o 0 A y @_ R N @ tp Y j p C') Z O c ' x n a = m r m A La 3 0 o 3 A N � 3 A W N to f W z ^' x x x x ° it 1F S C 0) 3 0 3 r D CD L C) 0 m n n a) -n � K 7 f0 3 f0 ^ 'O <a 7 - CDD 3 O O ro s ro @ d @ d s m3 -7 i Ro 7 7 '7 7 rt 7 3 CT £ CL @ v w Ro M. rt ro @ W O `G 7 @ 0 7 0 7 0 c) < It of a' •, n -7 z W w of �. A m 0 O 0 0 ro w to O O O d -I 61 @ rt =r - Co 0 � awi m 0 @ ° U) vi 'D N @ O d O' •- n K O 0 -t. 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