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RESOLUTION NO. 41-88
A RESOLUTION APPOINTING AND DESIGNATING INVESTMENT BANKER
FOR PROPOSED TASSAJARA RANCH ASSESSMENT DISTRICT
RESOLVED, by the Town Council of the Town of Danville,
California, that
WHEREAS, this Council proposes to undertake proceedings
pursuant to appropriate special assessment and assessment bond
acts for the acquisition, construction and financing of certain
public improvements in this Town; and
WHEREAS, the public interest and general welfare will be
served by appointing and designating an investment banker for
the underwriting of the bonds to be authorized and sold as a
result thereof;
NOW, THEREFORE, IT IS ORDERED as follows:
1. That SUTRO & CO., INCORPORATED, San Francisco,
California, be, and it is hereby, appointed and designated as
the investment banker for the underwriting of the bonds to be
authorized and sold as a part of said proceedings, and that its
compensation be, and it is hereby, fixed at a reasonable
underwriting discount to be approved by this Council and
assessed as an incidental expense of said proceedings.
2. That the appointment of the Investment Banker shall be
set forth in agreements between this Town and said parties
approved by resolutions of this Council.
3. That the amounts provided to be paid herein be paid
from the assessments to be levied and bonds to be issued in
these proceedings, and not otherwise.
I hereby certify that the foregoing is a full, true and
correct copy of a resolution duly and regularly passed and
adopted by the Town Council of the Town of Danville, California,
at a regular meeting thereof held on the 18 day of April, 1988,
by the following vote:
AYES: Greenberg, Jagger, Lane, Ritchey, Schlendorf
NOES: None
A~STAIN: None
ABSENT: None ~
ATTEST: Mayor
Originator: Engineering Dept.