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6/5/1985
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6/5/1985
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7/23/2015 11:51:13 AM
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Meetings
Meeting Type
Regular Meeting
Document Type
Minutes
Meeting Date
06/05/1985
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r - <br />JUN 51985 <br />BOOK 61 PAGE 163 <br />ON MOTION BY COMMISSIONER Scurlock, SECONDED by <br />Commissioner Bird, Commissioner Wodtke having <br />left the meeting, the Board unanimously (4-0) <br />approved the Investment Banking Agreement with <br />M. G. Lewis & Co., Inc., and authorized the <br />signature of the Chairman. <br />MG,L0V1mS&C0-,y1NG. <br />INVESTMENT BANKERS <br />FIRST NATIONAL BANK BUILDING 369 NORTH NEW YORKAVENUE, SUITE301, WINTER PARK, FLOR/DA 32789 TELEPHONE(305) 647.1621 <br />MAILING ADDRESS: POSTOFFICEBOX274a, WINTER PARK, FLORIDA 32790 <br />INVESTMENT BANKING AGREEMENT <br />THIS AGREEMENT is entered into this 5th day of June I <br />1985, by and between M. G. Lewis & Co., Inc. (the 'Banker") and <br />Indian River County, Florida (the "County"). <br />I. The,,County has under consideration a financing program <br />providing, among other. things, for the issuance of tax-exempt <br />bonds or notes or other evidences of indebtedness (the "Bonds") - <br />to finance the acquisition and construction of: <br />A. Additional space needs of the County; <br />B. A County -owned and operated golf course; and <br />C. Phase II at the County Landfill Complex. <br />II. The Banker is recognized as a qualified expert in the field <br />of municipal finance. <br />III. The County will retain a nationally recognized Bond Counsel <br />to render the legal opinion as to the validity of the Bonds and <br />other matters. <br />IV. Immediately upon approval of this Agreement by the parties <br />hereto, the Banker will: <br />1. Prepare a financing plan acceptable to the County relating <br />to the program enumerated above. <br />2. Assist in the preparation and review of the resolution <br />securing the Bonds, the Preliminary and Final Official <br />Statements, and such other documents and instruments <br />relating to the issuance of the Bonds as may be <br />appropriate. <br />3. Consult with the County with respect to pertinent terms of <br />the Bonds including, but not limited to, interest rates, <br />maturities, redemption provisions, sinking fund <br />installments and reserve requirements. <br />4. In the event that refunding bonds (the "Refunding Bonds") <br />are issued, the Banker will be responsible for all <br />computations with respect to yield on the Refunding Bonds, <br />yield on acquired Federal Securities and related matters <br />107 <br />
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