Title
Auditor-Controller recommending the Board consider the following:
1) Authorize the Chair to sign Agreement No. 548-S1311 with NBS Government Finance Group, Inc. (NBS) for the provision of Mello Roos bond administrative services for El Dorado Hills Community Facilities District 1992-1 (Serrano), Community Facilities District 2001-1 (Promontory), Community Facilities District 2005-1 (Blackstone), Community Facilities District 2005-2 (Laurel Oaks), and any additional Community Facilities Districts Bond administration services which may be formed during the term of the contract for a period of three five years with a not-to-exceed amount of $250,000; and
2) Make findings that it is more economical and feasible to contract out the services in accordance with County Ordinance Chapter 3.13, Section 3.13.030.
FUNDING: Special tax proceeds collected for the Community Facilities Districts.
Body
BUDGET SUMMARY: |
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Total Estimated Cost
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$250,000 |
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Budgeted
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New Funding
. |
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Savings
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Other
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Total Funding Available
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$250,000 |
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Change To Net County Cost
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0 |
Fiscal Impact/Change to Net County Cost
No impact to Net County Cost.
Contact
Joe Harn