HomeMy WebLinkAbout1985-22 Proposed Refunding of the Town's Outstanding BondsRE50LUTION 22
OF THE
TOWN OF VALL, COLORADO
September 17, 1985
WHEREAS, The Town of Vail has solicited and received varfaus underwriting
proposals from qualified firms seeking to underwrite the proposed refunding of the
Ibwn's outstanding bonds, and
WHEREAS, upon the recommendation of the Town's Staff, the proposal of the firm
of Kirchner Moore & Company has been determined to be in the best interest of the
Town, and
WHEREAS, it has been determined that it is in the best interests of the Town to
proceed with the preparation of offering documents and other matters relating to the
issuance of said bonds, now
THEREFORE BE 1T RESOLVED:
That Kirchner Moore ac Company be retained as
underwriters for this issue and that they be instructed to coordinate with Town Staff for
the development of interest rates and final decision as to the desirability of proceeding
with the refunding transaction to be determined finally upon staff recommendation based
on prevailing interest rates and savings to be achieved and such other terms as to be
mutually agreed upon between the Town and Kirchner Moore Ec Company.
DATED this 1?#h day of September, 1985.
THE TOWN OF VA1L, COLORADO
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ATTEST:
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