HomeMy WebLinkAboutMINUTES - 07141992 - 1.85 �3 3 ,
TO: BOARD OF SUPERVISORS
FROM: Harvey E. Bra don ? �� Contra
Director of Community Development
Costa
DATE: June 23 , 1992 ., '" County
�o•.._ J
SUBJECT: Qualified Advisors - Housing & Redevelopment Bon
Issues.
SPECIFIC REQUEST(S) OR RECOMMENDATIONS (S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
Add Redwood Securities Group, Inc. to the County's list of qualified
financial advisors for Single Family and Multi-Family Mortgage Revenue
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 council for County capital financings.
Pursuant to those January 30, 1990 procedures, the Board of
Supervisors established a list of qualified investment bankers for
single family and multi-family mortgage revenue bond financings on May
22 , 1990.
Redwood Securities Group, Inc. has requested and submitted their
credentials for inclusion on the County's list of qualified investment
bankers for housing bond issues.
Staff has reviewed their credentials and find them to be acceptable
and recommends their inclusion as qualified advisors.
CONTINUED ON ATTACHMENT: YES SIGNATURE:
RECOMMENDATION OF COUNTY ADMINISTRATOR RECO DATION O BOARD CO TEE
APPROVE OTHER
SIGNATURE(S) :
ACTION OF BOARD ON APPROVED AS RECOMMENDEDOTHER
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A
X UNANIMOUS (ABSENT i ) TRUE AND CORRECT COPY OF AN
AYES: NOES: ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES OF THE BOARD OF
SUPERVISORS ON THE DATE SHOWN.
CC: Community Development
County Administrator ATTESTED 7 /,9 9oZ
County Counsel PHIL BATCR&LOR, CLERK OF
Auditor-Controller THE BOARD OF SUPERVISORS
Treasurer-Tax Collector AND COUNTY ADMINISTRATOR
Redwood Securities Group, Inc.
BY /e �_/,�oo , DEPUTY
SRA25/jb/qualadvs.bos