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Finance Highlights 2008 0415
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Finance Highlights 2008 0415
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5/12/2008 12:34:11 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Committee Highlights
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4/15/2008
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projects are: construction of the Estudillo Parking Garage; design and construction of the Senior <br />Center; and infrastructure improvements on E. 14tt' Street. Staff has assembled a team of <br />professionals to assist the City and the Agency with the issuance process. The team will include <br />E. Wagner & Associates, Jones Hall, amongst other professionals. Vice Mayor Grant inquired as <br />to why we use the same financial consultants for our bond issues, rather than issuing a Request <br />for Proposal. Jermanis stated that the City has dealt with the team on previous bond issuances <br />and is very confident with their abilities. <br />Committee Recommendation <br />The Committee approved taking this matter to Council. The Council will adopt the Resolution <br />Authorizing Sale of Bonds and Approval of Legal Documents on June 2, 2008. The Sale of the <br />Bonds will be on June 18, 2008 and will close on July 2, 2008. <br />6. Committee Member Comments <br />Vice Mayor Grant requested that someone speak with the contractor working on E. 14th Street <br />and 138th Avenue regarding limiting the use of heavy equipment on E. 14th Street during the <br />morning commute hours. In addition to normal traffic, there is significant school traffic during <br />7:45am - 8:15am. City Engineer Joseph indicated he would have the Project Manager speak <br />with the contractor. <br />7. Public Comments <br />None. <br />8. Adjourn <br />The meeting was adjourned at 5:50 p.m. <br />
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