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Meeting Date:
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4/27/2010 - 7:30 PM
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Category:
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Untitled
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Type:
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Action
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Subject:
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16.8 Approve Bond Underwriting Team
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LCAP (Local Control Accountability Plan) Goal:
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Enclosure
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File Attachment:
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Summary:
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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
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Funding:
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Bond proceeds.
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Fiscal Impact
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No impact to the General Fund.
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Recommendation:
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Approve designation of underwriting team.
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Approvals:
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Recommended By:
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Signed By:
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Loreen Joseph - Secretary to the Superintendent
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Signed By:
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Steven Lawrence - Superintendent
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Vote Results:
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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 | |
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