HomeMy WebLinkAboutRES 1986-02 - Board RESOLUTION NO. 8602
OF THE
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
APPOINTING INVESTMENT BANKING FIRM OF BILLER b SCHROEDER
FINANCIAL, INC. TO PREPARE
ISSUANCE OF CERTIFICATES OF PARTICIPATION
WHEREAS, the Truckee Donner Public Utility District_ is planning to
construct a new complex to house the District's office , warehouse and
garage; and
WHEREAS , the District has determined that the new complex should be
financed by means of issuance of certificates of participation; and
WHEREAS, Miller and Schroeder Financial , Inc. is qualified to provide
assistance in issuing certificates of participation and has submitted a
letter stating their interest in providing said assistance;
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Truckee
Donner Public Utility District as follows:
1. Miller and Schroeder Financial, Inc. be appointed to
serve as underwriter in issuance of the certificates of
participation.
2. It is the intent of the District to enter into an
underwriting agreement with Miller and Schroeder to
purchase the certificates at a mutually agreed upon
price
PASSED AND ADOPTED by the Board of Directors of the Truckee Donner Public
Utility District at a regular meeting thereof duly called and held in the
District on the 17th day of March by the following roll call vote:
AYES: Cooley, Corbett, Hamilton and Maass.
NOES: Sutton.
ABSENT: None.
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
By
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J6kes A. Maass, President
ATTEST:
Susan M. Craig, Deputy Diafrict Clerk