HomeMy WebLinkAboutRES 1986-03 - Board RESOLUTION NO. 8603
OF THE
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
APPOINTING BROHN, WOOD, IVEY, MITCHELL AND PETTY
BOND COUNSEL FOR PREPARATION OF 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, the law firm of Brown, Wood, Ivey, Mitchell and Petty is qualified
to provide legal assistance in issuing certificates of participation and
has submitted a letter stating their interest in serving as bond counsel;
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Truckee
Donner Public Utility District as follows:
1. That the firm of Brown, Wood, Ivey, Mitchell and
Petty be appointed bond counsel for issuance of
�... certificates -f participation for construction of the
new District complex under the terms set forth in their
letter dated March 11 , 1986.
2. That it is the intent of the District to use the
proceeds of the issuance of certificates of
participation to pay for all costs associated with
construction of the new District complex, including
costs incurred prior to the receipt of certificate
proceeds.
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
J&s A. Maass, President
ATTEST: ,.
Susan M. Craig, Deputy Dist t Clerk