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i <br />F Underwriter Selection for Refinancing the Refunding and <br />Improvement Revenue Bonds, Series 1985, $9,855,000, and the Capital <br />Improvement Revenue Bonds, Series 1987, $3,655,000 <br />The Board reviewed the following memo dated 9/2/92: <br />TO: Members of the Board <br />of County Commissioners <br />DATE: September 2, 1992 <br />SUBJECT: UNDERWRITER SELECTION FOR REFINANCING THE REFUNDING <br />- _ AND IMPROVEMENT REVENUE BONDS, SERIES 1985 - $99,8553,000 <br />r AND THE CAPITAL IMPROVEMENT REVENUE BONDS, SERIES 1987 - <br />$3,655,000 - CONSENT AGENDA <br />FROM: Joseph A. Baird <br />OMB Director <br />DESCRIPTION AND CONDITIONS <br />On January 22, 1991 the Board of County Commissioners established a short list of four <br />companies to be used whenever underwriting services were required: <br />A. G. Edwards <br />Raymond James <br />Prudential-Bache <br />William R. Hough & Company <br />The selection committee consisting of James E. Chandler, County Administrator, Charles <br />Vituanc, County Attorney, Joseph A. Baird, OMB Director and Art Diamond, Financial <br />Advisor, reviewed the proposals and unanimously concluded that William R. Hough was <br />the best candidate. <br />RECOMMENDATION <br />Staff recommends that the Board of County Commissioners approve William R. Hough & <br />Company as underwriter for Refinancing the County's $9,855,000 Refunding and <br />Improvement Revenue Bonds, Series 1985 and the County's $3,655,000 Capital <br />Improvement Revenue Bonds, Series 1987. <br />ON MOTION by Commissioner Scurlock, SECONDED by <br />Commissioner Bird, the Board unanimously (3-0, <br />Chairman Eggert being absent) approved William R. <br />Hough & Co. as underwriter for refinancing the <br />County's $9,855,000 Refunding and Improvement <br />Revenue Bonds, Series 1985 and the County's <br />$3,655,000 Capital Improvement Revenue Bonds, Series <br />1987. <br />11 <br />BOOK 87 PAGE 482 <br />