Agenda Item
Meeting Date:
4/27/2010 - 7:30 PM  
Category:
Untitled  
Type:
Action  
Subject:
16.8 Approve Bond Underwriting Team  
LCAP (Local Control Accountability Plan) Goal:
 
Policy:
 
Enclosure:
 
File Attachment:
 
Summary:
In consideration of putting Measure C on the June ballot the District needs to select underwriters to purchase the District's General Obligation Bonds. Upon successful passage of Measure C a proposed underwriting team consisting Stone & Youngberg, George K. Baum & Company, and Brandis Tallman LLC will serve as the District's underwriting team. Final terms and conditions will be brought forward in a master contract at the next Board meeting  
Funding:
Bond proceeds.  
Fiscal Impact:
No impact to the General Fund.  
Recommendation
Approve designation of underwriting team.  
Approvals:
Recommended By:
Signed By:
Loreen Joseph - Secretary to the Superintendent
Signed By:  
Steven Lawrence - Superintendent
 
Vote Results:

Original Motion
Member Gary Eberhart Moved, Member Sherry Whitmarsh seconded to approve the Original motion 'Provide opportunity for public response to the Board's Successor Agreement proposal for Mt. Diablo Education Association (MDEA) and formally adopt the District's proposal.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0.
The motion Carried 5 - 0
   
Gary Eberhart     Yes
Paul Strange     Yes
Linda Mayo     Yes
Richard Allen     Yes
Sherry Whitmarsh     Yes