HomeMy WebLinkAboutMINUTES - 06111996 - SD.1 rets; s
TO: BOARD OF SUPERVISORS S..L'. Contra
FROM: Phil Batchelor, County Administrator — Costa
June 11, 1996 . 'z
Rescission of County's Intent to purchase real property located at 10 "' Rod Qunly
DATE: Concord; Cancellation of June 11, 1996 Hearing to consummate purch `Proval of
Assignment of Purchase Option for 1034 Oak Grove Road,Concord,to TransOcean Funding,Inc.
SUBJECT: and Approval of Lease-Purchase Agreement with TransOcean Funding,Inc.
SPECIFIC REQUESTS)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION
RE-COMMENDATION
1. RESCIND the notice of the County's intent to purchase real property located at 1034
Oak Grove Road, Concord (Item C.29 of the Board of Supervisor's May 7, 1996
agenda) and CANCEL the scheduled 9:45 a.m. Public Hearing on June 11, 1996 for
consummation of purchase; and HOLD Public Hearing at same time and date (9:45
a.m. on June 11, 1996) on proposed lease-purchase financing of this facility.
2. AFFIRM that the Board opened said Public Hearing, heard all comments, and closed
said hearing.
3. ADOPT Resolution attesting to hearing and APPROVING the execution and delivery
of Assignment of Purchase Options to Transocean Funding, Inc. in connection with the
Acquisition of 1034 Oak Grove Road, Concord, CA.
4. DETERMINE that the County will have long term occupancy of this facility and the
lease purchase is in accordance with Board policy to obtain ownership and stabilize
space costs.
5. AUTHORIZE the Chairman, Board of Supervisors, or his designee to execute all
documents and contracts necessary to complete this lease purchase transaction.
CONTINUED ON ATTACHMENT: LYES SIGNATURE:
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE VVV��XX
APPROVE OTHER
SIGNATURE(S): _
ACTION OF BOARD ON JUIle 11 lyy0 APPROVED AS RECOMMENDED OTHER
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A TRUE
XX UNANIMOUS(ABSENT ) AND CORRECT COPY OF AN ACTION TAKEN
AYES: NOES: AND ENTERED ON THE MINUTES OF THE BOARD
ABSENT: ABSTAIN: OF SUPERVISORS ON THE DATE SHOWN.
ATTESTED June 11, 1996
Contact: PHIL BATCHELOR,CLERK OF THE BOARD OF
CC: SUPERVISORS AND COUNTY ADMINISTRATOR
See Page 2
oJ
BY 0 DEPUTY
FINANCIAL IMPAC
The County has an ongoing lease obligation for the facility located at 1034 Oak Grove Road,
Concord. The lease costs are fully budgeted within the Health Service Department current
year's budget and proposed 1996-97 year budget. The projected net debt service cost for
lease-purchase of this facility is less than the budgeted rent in the current ongoing lease.
The department anticipates need of this facility on a long term basis.
U-ND
Board approval of this lease purchase agreement represents a continuation of the Board's
commitment for ownership and stabilization of space costs in those facilities which will have
long term County occupancy. The Board of Supervisors action on May 7, 1996 approving a
Declaration of Intent to Purchase Real Property located at 1034 Oak Grove Road, Concord,
is rescinded since the current recommended action assigns the Purchase Option to
Transocean Funding, Inc.for financing purposes. Transocean Funding, Inc. will exercise the
purchase option and lease the facility back to the County at a tax exempt financing interest
rate.
The County costs of the lease back are equal to the financing costs for Transocean Funding,
This mechanism allows the County to acquire the property over the term of the lease using
tax exempt financing.
The facility located at 1034 Oak Grove Road, Concord, is subleased to FamiliesFirst, Inc.,,
who provide children's outpatient and inpatient mental health services on behalf of the Health
Services Department. Significant benefits are realized since the children are being treated
within their own county of residence and thus avoiding more costly out of County residential
treatment facilities.
Contact: Carol Chan, Capital Facilities Analyst (646-1021)
cc: CAO
County Counsel
General Services
Health Services Dept.
SDI r
THE BOARD OF SUPERVISORS,CONTRA COSTA COUNTY,CALIFORNIA
Adopted this Resolution on June 11, 1996 by the following vote:
AYES: Rogers, Bishop, De Saulnier, Torlakson, Smith
NOES: None
ABSENT None
RESOLUTION NO. 96/294
SUBJECT: Resolution Approving Execution and Delivery of Assignment of Purchase Option to
Transocean Funding,Inc. In Connection With Acquisition and Improvement of the Project,
Approving Forms of and Execution of A Master Facility Lease Agreement("Lease")and
Escrow Agreement; Approving Forms and Distribution of Preliminary Limited Offering
Memorandum for the Sale of Certificates of Participation in the Lease by Union Bank of
California,N.A.; and Authorizing the County Administrator or his Designee Taking Necessary
Actions and Executing of Necessary Certificates.
WHEREAS,the County of Contra Costa(the "County") is a political subdivision of the State
of California;
WHEREAS,this Board of Supervisors hereby determines that it would be in the best interest
of the County and the residents of the County to enter into a facility lease financing for the purpose of
acquiring and improving 1034 Oak Grove Road, Concord, CA. (referred to as "The Project");
WHEREAS, a public hearing was duly noticed, called and held pursuant to the requirements
of the Internal Revenue Code of 1986, as amended on the Project;
WHEREAS the County has entered into an agreement with FamiliesFirst,Inc. a California
nonprofit corporation, for use of 1034 Oak Grove Road, Concord, CA, for a Children's Mental Health
Facility;
WHEREAS, Transocean Funding,Inc. ("Corporation")will finance the acquisition,
construction and improvement of the Project by and on behalf of the County through issuance of
Certificates of Participation;
WHEREAS, it is proposed that the County assign its purchase option in connection with the
Project to the Corporation;
WHEREAS, it is proposed that the Corporation will acquire the Project and will lease the
Project to the County pursuant to a document entitled "Master Facility Lease Agreement,"to be dated
as of July 1, 1996 (the "Facility Lease");
WHEREAS , under the Facility Lease,the County would be obligated to make base rental
payments to the Corporation for the lease of the Project;
WHEREAS,it is proposed that all rights to receive such base rental payments will be assigned
without recourse by the Corporation to Cypress Coast Bank as Paying Agent(the "Paying Agent")
pursuant to an Assignment to be dated as of July 1, 1996 (the "Assignment");
WHEREAS, it is further proposed that the Corporation and the Paying Agent will enter into a
Paying Agency Agreement,to be dated as of July 1, 1996, (the "Paying Agency Agreement")
pursuant to which the Corporation will execute and deliver Certificates of Participation(1996
Facilities Acquisition Project)in an amount equal to the aggregate principal components of such
payments, each evidencing and representing a fractional undivided interest in such payments;
WHEREAS, a form of A Limited Offering Memorandum,describing the 1996 Certificates
will be distributed to potential purchasers of the 1996 Certificates;
WHEREAS ,the Board has been presented with the form of each document,hereinafter
referred to,and the Board has examined and approved each document and desires to authorize and
direct the execution of such documents and the consummation of such financing;
WHEREAS ,the County has the full legal right,power and authority to enter into the
transaction hereinafter authorized; and
NOW,THEREFORE,BE IT RESOLVED by the Board of Supervisors of the County of
Contra Costa, as follow:
Section-L The County hereby specifically finds and declared that the actions authorized
hereby constitute and are with respect to public affairs of the County and that the statements, findings
and determinations of the County set forth above are true and correct.
Section-1 A public hearing was duly noticed, called and held pursuant to the requirements of
the Internal Revenue Code of 1986, as amended,on a proposal that Contra Costa County enter into a
lease-purchase agreement with Transocean Funding Inc. for the purpose of acquiring a health care
facility which will be located at 1034 Oak Grove Road, Concord,CA. Contra Costa County has
entered into an agreement with FamiliesFirst,Inc.,a California nonprofit corporation,for use of 1034
Oak Grove Road,Concord,CA. for a Children's Mental Health facility.
Section I At the public heating all interested persons were given an opportunity to appear
and be heard and based on such hearing and such other facts and circumstances as this Board deems
relevant,this Board hereby approves the entering into a lease-purchase agreement by Contra Costa
County with Transocean Funding,Inc. with respect to the acquisition of 1034 Oak Grove Road,
Concord, CA. The rental payments due pursuant to such lease-purchase agreement shall have a
maximum total principal component of$1,500,000.
Section-4. The assignment of the County's purchase option in connection with the Project to
the Corporation is hereby approved and the.Chairman of the Board of Supervisors and the Clerk of
the Board of Supervisors, and their designees,are hereby authorized and directed to execute and
deliver said assignment of purchase option to the Corporation,together with such amendments,
modifications and changes to such purchase option as such officers may require or approve.
Section _5_ The form of Facility Lease between the Corporation and the County,dated as of
July 1, 1996,on file with the Clerk of the Board of Supervisors,is hereby approved and the Chairman
of the Board of Supervisors and the Clerk of the Board of Supervisors,and their designees,are hereby
authorized and directed to execute and deliver said Facility Lease in substantially said form,with such
changes therein as such officers may require or approve,such approval to be conclusively evidenced
by the execution and delivery thereof;provided,however, that the aggregate principal component of
base rental payments payable under the Facility Lease shall not exceed $1,500,000,the maximum
annual base rental payments payable under the Facility Lease shall not exceed$183,200,except for a
final payment of$926,550 and the term of the Facility Lease shall not exceed eight(8)years.
Section 6. The form of the Preliminary Official Statement describing the 1996 Certificates,on
file with the Clerk of the Board of Supervisors,is hereby approved. Transocean Funding,Inc. is
hereby authorized and directed to cause to be supplied to prospective purchasers of the 1996
Certificates copies of a preliminary official statement in such form,with such additions, corrections
and revisions as may be determined to be necessary or desirable by the County Administrator, County
Counsel's Office,or Transocean, and to supply the purchaser for the 1996 Certificates with copies of
a final official statement,completed to include, among other things,the interest rate or rates, and final
sale information. The County Administrator,or his Designee, is authorized to certify on behalf of the
County that the preliminary form of the official statement is deemed final as of its date,within the
meaning of Rule 15c2-12 promulgated under the Securities Exchange Act of 1934(except for the
omission of certain pricing,rating and related information as permitted by said Rule). The County
Administrator, or his designee,is hereby authorized and directed to execute and deliver a final
Official Statement in substantially said form,with such additions thereto or changes therein as
Transocean, County Counsel's Office may require or approve,such approval to be conclusively
evidenced by the execution and delivery thereof.
Section 7. The officers of the County are hereby authorized and directed,jointly and
severally,to do any and all things which they may deem necessary or advisable in order to
consummate the transactions herein authorized and otherwise to carry out, give effect to and comply
with the terms and intent of this Resolution. The Chairman of the Board of Supervisors,the Clerk of
the Board of Supervisors and the officers of the County are hereby authorized and directed to execute
and deliver any and all certificates,tax and rebate certificates,the letter of representations to The
Depository Trust Company and certificates concerning the contents of the Official Statement
distributed in connection with the sale of the 1996 Certificates,necessary and desirable to accomplish
the transactions set forth above.
Section 8. All actions heretofore taken by the agents of the County with respect to the
acquisition of the Project and the sale, execution and delivery of the 1996 Certificates are hereby
approved and confirmed.
Stction-9- The County hereby declares its official intent, solely for purposes of establishing
compliance with the requirements of Section 1.150-2 of the United States Treasury Regulations,to
use proceeds of the 1996 Certificates to reimburse itself for any County expenditures in connection
with the Project incurred prior to the execution and delivery of the 1996 Certificates.
ad 96 b a W"ed1*
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RESOLUTION NO. 96/294
CLERK'S CERTIFIC'ATF.
1, Shirley Casillas , Deputy Clerk of the Board of Supervisors of the County of
Contra Costa,hereby certify as follows:
The foregoing is a full,true and correct copy of a resolution,duly adopted at a regular
meeting of the Board of Supervisors of said County duly and regularly held at the regular meeting
place thereof on the 11 th day of June, 1996,of which meeting all of the members of said Board of
Supervisors had due notice and at which a majority thereof were present; and at said meeting said
resolution was adopted by the following vote:
AYES: Supervisors Rogers, Bishop, DeSaulnier, Torlakson, Smith
NOES: None
An agenda of said meeting was posted at least 72 hours before said meeting at 651 Pine
St---, Martinez, California, a location freely accessible to members of the public, and a brief
general description of said resolution appeared on said agenda.
I have carefully compared the same with the original minutes of said meeting on file and of
record in my office;the foregoing resolution is a full,true and correct copy of the original
resolution adopted at said meeting and entered in said minutes;and said resolution has not been
amended,modified or rescinded since the date of its adoption,and the same is now in full force
and effect.
WITNESS my hand and the seal of the County of Contra Costa this 11 th day of June,
1996.
D uty Clerk
of the Board of Supervisors
of the County of Contra Costa,
State of California
AFFIDAVIT OF POSTING OF AGENDA
STATE OF CALIFORNIA } ss.
COUNTY OF CONTRA COSTA }
Ann Cervelli _hereby declares that[she is a citizen of the United States of
America,over the age of 18 years,that acting for the Board of Supervisors of the County of Contra
Costa [she posted on June 7, 1996 at 651 Pine St. _,Martinez,
California, a location freely accessible to members of the public, an agenda for the regular meeting
of the Board of Supervisors of Contra Costa County to be held on June 11, 1996, a copy of which
is attached hereto.
Dated: June 11, 1996 1996.
1 declare under penalty of perjury
that the foregoing is true and correct.
A AJA �0/
AGENDA DATE ITEM NO, S�
BACKGROUND NOT AVAILABLE AT
THE TIME AGENDA PACKET COMPILED
INFORMATION FOR THIS ITEM PREVIOUSLY
FURNISHED
ORAL REPORT TO BE GIVEN AT BOARD MEETING
ERROR IN NUMBERING AGENDA ITEM
DELETED
DOCUMENTS ON FILE WITH
CLERK
CONTRA COSTA COUNTY
BOARD OF SUPERVISORS
Adopted this Resolution on May 7, 1996 , by the following vote:
AYES: Supervisors Rogers, Bishop, De.Saulnier, Torlakson, Smith
NOES: None
ABSENT: None
RESOLUTION NO. 961-1-U
(Government Code 25350)
SUBJECT: Intention to Purchase Real Property
for a Children's Mental Health Facility
1034 Oak Grove Road, Concord, California
W.O. 5255
RESOLUTION OF INTENTION TO PURCHASE REAL PROPERTY
The Board of Supervisors of Contra Costa County RESOLVES THAT:
It intends to purchase from Century Health Care Corporation for County health care purposes, the real
property described in Exhibit"A" attached hereto, for$1,100,000, in accordance with the terms and conditions
of the Lease Agreement between the County of Contra Costa and Century Health Care Corporation, dated July
12, 1994,which is a fair and reasonable price therefor. A copy of said agreement is on file in the Public Works
Department.
This Board will meet on June 11, 1996 at 9:45 a.m. in the Board's Chambers, County Administration
Building, Martinez, California, to consummate this purchase and the Clerk of this Board is DIRECTED to publish
the following notice in the Concord Transcript pursuant to Government Code Section 6063.
NOTICE OF INTENTION TO PURCHASE REAL PROPERTY
The Board of Supervisors of Contra Costa County declares its intention to purchase from Century Health
Care Corporation, at a price of$1,100,000, a 10,611 square foot psychiatric hospital facility and 1.55 acres of
associated grounds located at 1034 Oak Grove Road, Concord, California and more particularly described in
Resolution No. 96/192of the Board and will meet at 9:45 a.m. on June 11, 1996, in its Chambers, County
Administration Building, 651 Pine Street, Martinez, California, to consummate the purchase.
PHIL BATCHELOR, Clerk of the
Board of Supervisors and
County Administrator
By
DeputfClerk
PBGgio
g:lrealpropltemp\BR2CH.t4
Orig.Dept: Public Works Depart.(R/P)
Contact: Paul Gavey(510)313-2220
cc: County Administrator
Auditor-Controller
Grantor(via R/P)
P.W.Accounting(via R/P)
RESOLUTION NO. 96/ 192
EXHIBIT "A"
The land referred to in this Resolution is situated in the State of California, County of
Contra Costa, City of Concord, and is described as follows:
PARCEL ONE:
Portion of Lot 9, Map of Williams Walnut Division, filed June 24, 1910, Map Book 3, Page
57, Contra Costa County Records, described as follows:
Beginning in the centerline of the County Road known as Oak Grove Road, formerly
Ignacio Valley Road, at the northwest line of the parcel of land described in the Deed to
Ira F. Eckert, et ux, recorded January 14, 1955, Book 2457, Official Records, Page 599;
thence from said point of beginning South 35011'10" East (South 36°25' East (2457 OR
599)), 181.85 feet to the southeast line of said Eckert Parcel; thence North 51047'11" East
(North 50030' East (188 D 600)), along said southeast line, being also the southeast line
of the parcel of land described in the Deed to M.D. Mc Sherry, recorded July 13, 1912, in
Book 188 of Deeds, at Page 600, Contra Costa County Records, 230.06 feet, said point
being the most southerly comer of Parcel A of Subdivision 4866, filed on March 11, 1977,
in Book 193 of Maps, at Page 37;thence continuing along the southeast line of said Parcel
A North 51047'11" East (North 51047'59" East (193 Maps 37)), 120.37 feet to the
northeasterly line of said Parcel A; thence along said line North 35012'49" West (North
35°12'01" West (193 Maps 37)), 87.00 feet; thence continuing along said line North
11°02'47" East(North 11°03'35" East (193 Maps 37)), 38.76 feet to the northwesterly line
of said Parcel A; thence along said northwesterly line South 47°00'32" West (South
47000'29"West (193 Maps 37)), 1.43 feet; thence North 35011'10 West, 1.41 feet to the
most easterly corner of the parcel of land described in the Deed to Bob R. Wilcox and
Marilyn M. Wilcox, his wife, recorded October 2, 1973, in Book 7060, at Page 457, Official
Records; thence continuing North 35011'10" West (North 36025' West (7060 OR 457)),
along the northeasterly line of said Deed (7060 OR 457), 100.00 feet to the northwest line
of the above described lands of Eckert (2457 OR 599); thence along said northwest line
of Eckert South 47000'32"West (South 45°47'30"West(2457 OR 599)), 380.00 feet to the
point of beginning.
PARCEL TWO:
An easement granted in the Deed to Bob R. Wilcox, et al, recorded April 1, 1977, Book
8266, Page 517, Official Records, for Storm Drainage over the northwesterly 10 feet of Lot
6 as shown on the Map of Subdivision 4866, filed March 11, 1977, in Map Book 193, Page
37, Contra Costa County Records.
(Being APN 129-190-012, 043 & 044)
Resolution No. 961 192
PBG:glo
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5/3/96
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NOTICE OF INTENTION TO PURCHASE REAL PROPERTY
The Board of Supervisors of Contra Costa County declares its intention to purchase from Century Health
Care Corporation, at a price of$1,100,000, a 10,611 square foot psychiatric hospital facility and 1.55 acres of
associated grounds located at 1034 Oak Grove Road, Concord, California and more particularly described in
Resolution No.5 . 1g2of the Board and will meet at 9:45 a.m. on June 11, 1996, in its Chambers, County
Administration Building, 651 Pine Street, Martinez, California, to consummate the purchase.
PHIL BATCHELOR, Clerk of the
Board of Supervisors and
County Administrator
By Shirley Casillas
PB :gb Deputy Clerk
g: ealproptem R2CH.t4
.Dept.: Public Works De rt. }
ontact: Paul Gavey(51 313-
. County Admin rator
uddor-Cor►trol
rentor(via RI }
W.A (via RIP)
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PROOF OF PUBLICATION NOTICE OF
PUBLIC HEARING
ON THE PROPOSED
(2015.5 C.C.P.) FINANCING OF A
PROJECT
COUNTY OF
STATE OF CALIFORNIA CONTRA COSTA
County of Contra Costa NOTICE IS HEREBY GIVEN
I am a citizen of the United States and a resident of the that the Board of Suof of the County of Contra Costa
County aforesaid; I am over the age of eighteen years, will meet.m.on June 6511,P19 I 6 at
and not a party to or Interested in the above-entitled 9:45 aatIne St,
Martinez, California, in the
Board Chambers,Room 107,
matter. for the purpose of holding a
I am the Principal Legal Clerk of the Contra Costa Times, public hearing pursuant to
the requirements of Section
a newspaper of general circulation, printed and pub- 147(0 of the Internal Revenue
Ilshed at 2640 Shadelands Drive In the City of Walnut Code of 1986,as amended,
on a proposal that Contra
Creek, County of Contra Costa, 94598. Costa County enter Into a
lease-purchase agreement
with Transocean Funding
And which newspaper has been adjudged a newspaperInc.,In order to finance a pro-
of general circulation by the Superior Court of the County which will be used by
of Contra Costa, State of California, under the date of MmIlliesFIrst Inc.,a non-profit
October,22, 1934. Case Number 19764. corporation organized and
existing,under the laws of the
state 0 California. The pro-
The notice, of which the annexed Is a printed copy(set In ject to be financed consists
type not smaller than nonpareil), has been published in of the acquisition of a health
care facility and will be locat-
each regular and entire Issue of said newspaper and not ed at 103 Oak Grove Road,
in any supplement thereof on the following dates, to-wit: Concord,California.
To finance the costs of the
. ...... ....................... ......................... project and to pay costs and
expenses Incidental to the fl-
all
nancing,Contra Costa Cour
ty proposes to enter Into the
all in t year of 19..9
lease-purchase agreement
I certify (or declare under penalty of perjury that the with Transocean Funding,
foregoing Is true and correct. Inc.,in the maximum aggre-
gate amount of $1,500,000.
Contra Costa County has en-
Executed at Walnut�Cre;jk Califorr'114"', tared Into an agreement with
;0&n1s C;?..7 dAy Of .... Families First Inc.for the use
19. of 1034 Oak Grove Road,
Concord,California for a Chit-
dren's Mental Health facility.
Signature The lease-purchase agree-
ment shall be a limited obli-
gation of Contra Costa Coun-
Contra Costa Times ty and the rental payments
P.O. Box 4147 payable thereunder will be
Walnut Creek, CA 94596 payable solely from the mon-
eys Wc)p�yrlatad annually by
(510) 935-2525 the oa of Supervisors of
Contra Costa County for the
Proof of Publication of: payment thereof.The lease-
(attached Is a copy of the legal advertisement that pub- purchase agreement shall
not constitute nor give rise to
lished) a charge against Lila general
credit or taxing powers of
Contra Costa County.
All persons interest may bap-
pear and e heard at 9:4
a.m.,June 11,1996,651 Pine5
St.,Martinez,California In the
Board Chambers,Room 107
or may file written comments
with the Clerk of the Board,
651 Pine St.,Room 106,Mar-
tinezCallfornia, prior to the
ti
ate the hearing set forth
hereinabove.
Date:May 22,1996
B�PHIL BATCHELOR,CLERK
0 THE BOARD OF SUPERVI-
SORS AND COUNTY ADMIN-
ISTRATOR
BY ANN CERVELLI,DEPUTY
Legal CCT 7830
Publish May 27,1996
OFFICE OF THE CLERK OF THE BOARD OF SUPERVISORS
CONTRA COSTA COUNTY
651 PINE STREET
MARTINEZ, CALIFORNIA 94553
P60De: (510) 6462371; FAX (510) 646-1059
PLEASE CONFIRM RECEIPT VIA PHONE
DATE: j�-
TO: �t9 ru- 5 c� -- `-� cM -5
rc
FROM: 4w
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NOTICE OF PUBLIC HEARING
ON THE PROPOSED FINANCING
OF A PROJECT
COUNTY OF CONTRA COSTA
NOTICE IS HEREBY GIVEN that the Board of Supervisors of the County of Contra Costa
will meet on June 11, 1996 at 9.45 a.m. at 651 Pine St., Martinez, C'.alifomia, in the Rogrd
Chambers,Room 107, for the purpose of holding a public hearing pursuant to the requirements of
Section 147 (f)of the Internal Revenue Code of 1986,as amended,on a proposal that Contra
Costa County enter into a lease-purchase agreement with Transocean Funding,Inc. in order to
finance a project which will be used by FamiliesFirst Inc., a non-profit corporation organized and
existing under the laws of the state of California. The project to be financed consists of the
acquisition of a health care facility and will be located at 1034 Oak Grove Road, Concord,
California.
To finance the costs of the project and to pay costs and expenses incidental to the financing,
Contra Costa County proposes to enter into the lease-purchase agreement with Transocean
Funding,Inc. in the maximum aggregate amount of$1,500,000. Contra Costa County has entered
into an agreement with FamiliesFirst, Inc. for the use of 1034 Oak Grove Road, Concord,
California for a Children's Mental Health facility.
The lease-purchase agreement shall be a limited obligation of Contra Costa County and the
rental payments payable thereunder will be payable solely from the moneys appropriated annually
by the Board of Supervisors of Contra Costa County for the payment thereof. The lease-purchase
agreement shall not constitute nor give rise to a charge against the general credit or taxing powers
of Contra Costa County.
All persons interested may appear and be heard at 9:45 a.m.,June ll, 1996, 651 Pine St.,
Martinez, California in the Board Chambers,Room 107 or may file written comments with the
Clerk of the Board, 651 Pine St., Room 106, Martinez,California,prior to the date of the hearing
set forth hereinabove.
Date: May 2 2 , 199 6
BY
PHIL BATCHELOR,CLERK OF THE BOARD OF
SUPERV ORS UNTY ADMINISTRATOR
BY flAim 1 DEPUTY
NN CERVELLI
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