2/13/1985 - Laserfiche WebLink

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I FEB 13 1985 BooK 59 Ft uC 888 ',/FINANCE ADVISORY COMMITTEE REPORT Vice Chairman Scurlock informed the Board that the Finance Advisory Committee has asked OMB Director Barton and Administra- tor Wright to identify to the underwriters that we have a number of possible funding considerations before us and need to receive input re the various possibilities. The Finance Advisory Committee also recommended that the Commission be requested to send a letter to Hough & Co. indicat- ing that we no longer desire them to act as our Financial Advisor since the Committee now feels itself of sufficient size and qualifications to eliminate the 1% fee that would be carried. At such time as we need special consulting services on finance, then we would solicit proposals. The Vice Chairman, therefore, requested that the Board authorize the Chairman to write William R. Hough & Company advising that their services as Financial Advisor are no longer required and that if we need such services in the future, we will advertise for them. Commissioner Bowman asked if we have a contract with Hough & Company, and Attorney Brandenburg stated that he will put the necessary language in the letter to terminate the contract. ON MOTION by Commissioner Wodtke, SECONDED by Commissioner Bowman, the Board unanimously (3-0) authorized the Chairman to write William R. Hough & Company as recommended by the Finance Advisory Committee. The several bills and accounts against the County having been audited were examined and found to be correct were approved ,/and warrants issued in settlement of same as follows: Treasury Fund Nos. 15406 - 15833 inclusive. Such bills and accounts being on file in the Office of the Clerk of the Circuit Court, the warrants so issued from the respective bonds being listed in the Supplemental Minute Book as provided by the rules of the 46