HomeMy WebLinkAboutMINUTES - 03131984 - X.14 X�y
THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTYr CALIFORNIA
Adopted this Order on March 13, 1984 �, by the following vote:
AYES: Supervisors Powersr Fanden, Schroderr Torlakson
NOES: None
ABSENT.: Supervisor McPeak
ABSTAIN: None
SUBJECT: Refinancing County Buildings, E
Authorization for Legal Services
The Board on February 7, 1984 having authorized employment
of legal counsel by the Retirement Board to review legal issues with
respect to the refinancing, through a tax exempt non-profit corpora-
tion, of County buildings owned by the Retirement Board with the
understanding that the County will pay for the full cost of legal
services provided, not to exceed $10, 000 without prior authorization;
and
The Board having been advised that due to legal complications
with respect to the procedures required for this new refinancing method
considerable additional staff effort must be devoted to complete the
required documents and actions; and.
As recommended by Supervisor Powers, IT IS BY THE BOARD
ORDERED that the additional $25, 000 for legal services for special
counsel for the Retirement Board relating to the refinancing of certain
County buildings is hereby AUTHORIZED.
1 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: /j &_N
J.R. OLSSON, COUNTY CLERK
and ex officio Clerk of the Board
By Deputy
cc: Retirement Board
County Administrator
County Counsel
Auditor-Controller
County Treasurer t h /es