HomeMy WebLinkAboutMINUTES - 07141992 - 1.98 TO: REDEVELOPMENT AGENCY Contra
.,
FROM: Phil Batchelor ' Costa
Executive Director
-° County
DATE: June 23, 1992 r "
SUBJECT: Qualified Advisors - Redevelopment Bond 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 Tax Allocation 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 Tax
Allocation Bond financing.
Redwood Securities Group, Inc. has requested and submitted their
credentials for inclusion on the County's list of qualified investment
bankers for Tax Allocation 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:
i y
RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENTTJON OF AG NCY COMMIT EE
APPROVE OTHER
SIGNATURE(S) :
ACTION OF AGENCY ON Juiy 14 , 1 M APPROVED AS RECOMMENDED �_ OTHER
VOTE OF COMMISSIONERS
I HEREBY CERTIFY THAT THIS IS A
UNANIMOUS (ABSENT TV ) 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.
cc: Community Development
County Administrator ATTESTED July 14 1992
County Counsel PHIL BATCHELOR , .
Auditor-Controller AGENCY SECRETARY
Treasurer-Tax Collector
Redwood Securities Group, Inc.
SRA25/jb/galadvsl.bos
BY DEPUTY