HomeMy WebLinkAboutCC RES 07-04CRESOLUTION NO. 07- 4C
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PALM DESERT MAKING CERTAIN DESIGNATIONS IN
CONNECTION WITH CITY OF PALM DESERT SECTION 29
ASSESSMENT DISTRICT (NO. 2004-02)
RECITALS:
THE CITY COUNCIL OF THE CITY OF PALM DESERT HEREBY FINDS,
DETERMINES, RESOLVES, AND ORDERS AS FOLLOWS:
Section 1. The City hereby retains the following firms pursuant to the respective
agreements on file in the office of the City Clerk in connection with the proceedings to
issue and sell bonds in connection with City of Palm Desert Section 29 Assessment
District (No. 2004-02) (the "Bonds"):
a) Appointment of Underwriters. Stinson Securities, LLC and Kinsell,
Newcomb, De Dios, Inc. are hereby appointed underwriters of the Bonds.
b) Appointment of Financial Advisor. Del Rio Advisors, LLC is hereby
appointed financial advisor in connection with the issuance and sale of the Bonds.
c) Appointment of Bond Counsel. Richards, Watson & Gershon, A
Professional Corporation, is hereby appointed bond counsel in connection with the
issuance and sale of the Bonds.
d) Appointment of Disclosure Counsel. Jones Hall Law Corporation is
hereby appointed disclosure counsel in connection with the issuance and sale of the
Bonds.
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RESOLUTION NO. 07-4C
PASSED, APPROVED, AND ADOPTED THIS 25th DAY OF JANUARY 2007.
STATE OF CALIFORNIA
COUNTY OF RIVERSIDE ss.
CITY OF PALM DESERT
I, Rachelle D. Klassen, City Clerk of the City of Palm Desert, County of Riverside, State
of California do hereby certify that the foregoing Resolution No. 07-4C was regularly
adopted by the City Council of said City of Palm Desert at a regular meeting of said
council held on the 25th day of January 2007 by the following vote, to wit:
AYES: BENSON, FERGUSON, FINERTY, SPIEGEL, and KELLY
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE ' 7)
d S. Kelly, Mayor
ATTEST:
RAZdELLE D. UCLA EN, C. TY CLERK
CITY OF PALM DESERT, CALIFORNIA
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