File #: 11-1249    Version: 1
Type: Agenda Item Status: Approved
File created: 10/26/2011 In control: Board of Supervisors
On agenda: 11/1/2011 Final action: 11/1/2011
Title: Auditor-Controller recommending the Board consider the following: 1) Authorize the Auditor-Controller and the Chief Administrative Officer to negotiate contracts with Kronick, Moskovitz, Tiedemann & Girard (bond and disclosure counsel), Stone & Youngberg (underwriter), NBS Government Finance Group (special tax consultant), and Governmental Financial Strategies, Inc. (pricing consultant); 2) Authorize the Chief Administrative Officer to execute contracts with each of these firms after the contracts have been reviewed by County Counsel and Risk Management; and 3) Authorize the Chief Administrative Officer and Auditor-Controller to work with the Treasurer-Tax Collector, Assessor, and County Counsel to prepare a preliminary offering statement and take other necessary steps to refund the CFD 1992-1 (Serrano) Mello Roos Bonds as soon as practical. FUNDING: CFD 1992-1 (Serrano).
Attachments: 1. A - BOS Serrano Bond Refi 11-1-11.pdf
Title
Auditor-Controller recommending the Board consider the following:  
1) Authorize the Auditor-Controller and the Chief Administrative Officer to negotiate contracts with Kronick, Moskovitz, Tiedemann & Girard (bond and disclosure counsel), Stone & Youngberg (underwriter), NBS Government Finance Group (special tax consultant), and Governmental Financial Strategies, Inc. (pricing consultant);
2) Authorize the Chief Administrative Officer to execute contracts with each of these firms after the contracts have been reviewed by County Counsel and Risk Management; and
3) Authorize the Chief Administrative Officer and Auditor-Controller to work with the Treasurer-Tax Collector, Assessor, and County Counsel to prepare a preliminary offering statement and take other necessary steps to refund the CFD 1992-1 (Serrano) Mello Roos Bonds as soon as practical.
 
FUNDING: CFD 1992-1 (Serrano).
Body
Fiscal Impact/Change to Net County Cost:  There is no change to Net County Cost. Cost will be paid by the CFD.  
 
Background: Staff report is attached.