Create pool of underwriters for bond deals

Bond UnderwritersContracts

Resolution 02-19

In Plain English

The city needs investment banks to help sell bonds when it borrows money for major projects like roads or buildings. This creates a pre-approved list of firms the city can hire quickly. If approved, the city avoids delays when it needs to borrow money for capital improvements.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Moved by: Councilmember MyrickSeconded by: Councilmember Willis
Passed

7 to 0

Nat BatesAye
Ben ChoiAye
Demnlus Johnson IIIAye
Eduardo MartinezAye
Jael MyrickAye
Melvin WillisAye
Tom ButtAye