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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br /> COUNTY OF ALAMEDA, CALIFORNIA <br /> <br /> RESOLUTION NO. 86-347 <br /> <br /> RESOLUTION APPROVING LETTER OF AGREEMENT WITH RAUSCHER <br /> PIERCE REFSNES, INC. TO SERVE AS UNDERWRITER IN <br /> FINANCING THE OPERATORS SERVICE CENTER, SYCAMORE <br /> RESERVOIR, VARIOUS ITEMS OF EQUIPMENT AND ADDITIONAL <br /> CITY OFFICE FACILITIES. <br /> <br /> WHEREAS, Mr. Ernie Bodner, Senior Vice President of Rauscher <br /> Pierce Refsnes, Inc. has served the City of Pleasanton, <br /> LAVWMA and other Tri-Valley agencies as a financing <br /> consultant and underwriter on many important projects. <br /> <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON <br />RESOLVES AS FOLLOWS: <br /> <br /> Section 1: Pursuant to this proposal, Rauscher Pierce Refsnes, <br /> Inc. will act in the capacity of underwriter for the <br /> sale, placement, or other disposition of securities, <br /> leases, contracts, certificates of participation or <br /> other evidences of indebtedness which may be approved <br /> for marketing and/or placement to finance the City's <br /> projects. <br /> <br />Section 2: Compensation to Rauscher Pierce Refsnes, Inc., if <br /> any, as may be authorized for the services outlined <br /> above shall be in the form of a discount payable from <br /> the proceeds of the marketing and/or placement of such <br /> evidences of indebtedness. <br /> <br />Section 3: This resolution shall become effective immediately <br /> upon its passage and adoption. <br /> <br />THIS RESOLUTION ADOPTED AUGUST 5, 1986 BY THE FOLLOWING VOTE: <br /> <br />AYES: Councilmembers - Mercer, Mohr, and Mayor Brandes <br />NOES: None <br /> - Wood <br />ABSTAIN: None <br /> <br />ATTEST: <br /> FA~Y~ C. B~DES, JR., <br /> <br />APPROVED AS TO FORM: <br /> <br />Peter D. MacDonald, i y Attorney <br /> <br /> <br />