HomeMy WebLinkAboutMINUTES - 04291986 - 1.17 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA
Adopted this Order on April 29, 1.986 by the following vote:
AYES: , Supervisors Fanden, Schroder, McPeak, Torlakson & Powers
NOES: None
ABSENT: None
ABSTAIN: None
SUBJECT:
Accepting Assessment District Screening )
. Committee Recommendation for Assessment ) RESOLUTION NO. 86/219
District .1.986-2, Refunding Bonds, )
'San Ramon Area. 1
1
The Assessment District Screening Committee has submitted a report
dated April 16, 1.986, with. a recommendation that the Board approve refunding
of bonds as follows:
l.. That the Board schedule a hearing on the refinancing of Assessment
District No. 1980-4 bonds by formation of Assessment District
No. 1986-2 on the following terms:
a. 1.5 year term
b. 3% bond reserve fund
C., underwriting discount not to exceed 3%
d. cost of issuance (excluding bond registration and bond
redemption) not to exceed 2%
e. fee to county for administration not less than 1./29
f. bond registration paid at actual cost
2. That following the hearing,. the Board appoint Sturgis, Ness,
Brunsell and Sperry as bond counsel for the refinancing and
authorize bond counsel to solicit informal proposals for the
refinancing from Birr, Wilson and Company, Inc. and Stone and
Youngberg.
BE IT THEREFORE RESOLVED that the recommendations of the Assessment
District Screening Committee are ACCEPTED.
thereby certify than this!s a true and correct copy of
an action taken and entered on the mfnutes of the
Board of Supendsors on the date shown.
ATTESTED:" APR 2 9 1985
PHIL BATCHELOR, Clerk of the Board
of Supervisors and County Administrator
ByAs
m; , Deputy
Originator: Public Works (ES)
cc: Assessment District Screeninq Committee
Bob Brunsel1 , Bond Counsel- Niap;W)
Bi rr, Wilson & Company, Inc. )via p/,N)
Attn: Mr. Charles Lee
Stone & Youngberg (via p,Wi
Attn: Mr. Scott Clinton
BO:29.t4
RESOLUTION NO. 86/219