HomeMy WebLinkAboutMINUTES - 10131992 - 1.59 (3) ZJtG
TO: REDEVELOPMENT AGENCY =` Contra
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FROM: Phil Batchelor -� Costa
Executive Director
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cd.TA C-un�cS
DATE: October 13 , 1992
SUBJECT: Qualified Advisors (Underwriters) - Redevelopment Bond Issues
SPECIFIC REQUEST(S) OR RECOMMENDATIONS (S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
Add Donaldson, Lufkin & Jenrette to the County's list of qualified
financial advisors for redevelopment 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 financings.
Pursuant to those January 30, 1990 procedures, the Board of
Supervisors established a list of qualified investment bankers.
The firm of Donaldson, Lufkin & Jenrette 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.
' L
CONTINUED ON ATTACHMENT: YES SIGNATURE:
RECOMMENDATION OF EXECUTIVE DIRECTOR RECO ION F AGENCY OMMITTEE
APPROVE OTHER
SIGNATURE(S) :
ACTION OF AGENCY ON _October 13 , 1992 APPROVED AS RECOMMENDED x— OTHER
VOTE OF COMMISSIONERS
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 REDEVELOPMENT
AGENCY ON THE DATE SHOWN.
Contact: Jim Kennedy, 646-4076
cc: Community Development
County Administrator ATTESTED October 13 , 1992
County Counsel PHIL BATCHELOR,
Auditor-Controller AGENCY SECRETARY
Treasurer-Tax Collector
Donaldson Lufkin & Jenrette
via Community Development BY NA10 0? , DEPUTY
SRA5/advisor.bos