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MAY 2 6 1987Boox 4 5? <br />ON MOTION by Commissioner Bowman, SECONDED by <br />Commissioner Bird, the Board unanimously (4-0) <br />approved staff's recommendation as set out in the <br />above memo. <br />AUTHORIZATION TO ADVERTISE FOR AN UNDERWRITER ON THE $3.5 MILLION <br />CAPITAL IMPROVEMENT BOND ISSUE <br />The Board reviewed the following memo dated 5/26/87: <br />TO: Honorable Members of DATE: May 26, 1987 <br />the Board of County s <br />Commissioners <br />SUBJECT: UNDERWRITER -$3,500,000 <br />CAPITAL IMPROVEMENT <br />BOND ISSUE <br />FROM: Josep A. Baird <br />OMB Director <br />M. G. Lewis and Company was accepted as underwriter for the <br />$3,500,000 capital improvement bond issue. Since they have been <br />chosen as financial advisor, they can no longer act in the <br />capacity of underwriter. <br />The Budget Staff is requesting permission to advertise to <br />receive bids for underwriter on the $3,500,000 capital <br />improvement bond issue. <br />Staff and M. G. Lewis, Financial Advisor, will review the <br />proposal and make a recommendation. <br />ON MOTION by Commissioner Bowman, SECONDED by <br />Commissioner Wheeler, the Board unanimously (4-0) <br />authorized staff to advertise for an underwriter <br />on the $3.5 million capital improvement bond issue, <br />as recommended by staff. <br />AUTHORIZATION TO PURCHASE USED EQUIPMENT FOR SANDRIDGE GOLF CLUB <br />The Board reviewed the following memo dated 5/26/87: <br />50 <br />