HomeMy WebLinkAboutReso 162-99 DubRan AD/Stone/YouRESOLUTION NO. 162 - 99
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
AUTHORIZING STAFF TO ENGAGE STONE & YOUNGBERG AS BOND UNDERWRITER
FOR THE DUBLIN RANCH ASSESSMENT DISTRICT
AND TO NEGOTIATE A CONTRACTUAL AGREEMENT FOR SUCH SERVICES
WHEREAS, the City recently issued a Request for Qualification (RFQ) for Bond Underwriter
Services (Services) for the Dublin Ranch Assessment District to four companies providing such services;
and
WHEREAS, all four companies responded with proposals to provide the Services as discussed in
the City's RFQ; and
WHEREAS, Staff"reviewed the prOposals, interviewed and checked references on two of the firms
and determined that the proposal received from Stone & Youngberg LLC best meets the needs of the City
in completing the prospective bond financing; and
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Dublin does hereby
authorize Staff to engage Stone & Youngberg as underwriter for the Dublin Ranch Assessment District
and authorize the City Manager to negotiate a purchase agreement with the underwriter at the time that
bonds are to be sold.
PASSED, APPROVED AND ADOPTED this 17th day of August, 1999.
AYES:
Counciimembers Howard, McCormick, Zika, Vice Mayor Lockhart and Mayor
Houston
NOES: None
AB SENT: None
ABSTAIN: None
ATTEST:
K2/G/8- 17-99/reso-underwri ter. doc
Mayor