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2 versions2011-11-17 → 2011-12-15#11-2011inline resolution

Versions

  1. 12011-11-17
    Bond Council
    inline resolutionmeeting · 2011-11-17 · resolution 11-2011 · passed
  2. 22011-12-15
    Bond Council
    inline resolutionmeeting · 2011-12-15 · resolution 11-2011 · passed

Latest version

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Bond Council

Resolution #11-2011 — 2011-12-15

WHEREAS

  • the Village of Red Hook intends to continue its application for USDA-RD grant money for the water improvement project as per preliminary funding approval
  • the process includes a bonding process to secure the grant from USDA-RD
  • the preliminary funding approval is in the amount of $1.27 million at an interest rate of 2.25% for 38 years and requires formal bond process
  • the bond will require the professional services of a bonding attorney
  • the USDA-RD preliminary approval included a list of experienced attorneys and or law firms that have worked with USDA-RD
  • the Mayor interviewed several firms and sought input from Clerk Cole
  • the law firm of Hawkins, Delafield & Wood was one of the USDA-RD listed firms, was interviewed and already acts as bond counsel to the Village for the building project
  • the above firm will comply with requirements of USDA-RD and is familiar with the details of a USDA-RD application and has already worked with the Village in the bonding process

RESOLVED

  • the law firm of Hawkins, Delafield & Wood be selected to act as bond counsel for the Village of Red Hook for the USDA-RD water improvement grant bonding process

Changes between versions

2011-11-17→2011-12-15
date reset+1 −1

The document date was updated from 2011-11-17 to 2011-12-15.

  • Document date changed from 2011-11-17 to 2011-12-15
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WHEREAS clauses: - the Village of Red Hook intends to continue its application for USDA-RD grant money for the water improvement project as per preliminary funding approval - the process includes a bonding process to secure the grant from USDA-RD - the preliminary funding approval is in the amount of $1.27 million at an interest rate of 2.25% for 38 years and requires formal bond process - the bond will require the professional services of a bonding attorney - the USDA-RD preliminary approval included a list of experienced attorneys and or law firms that have worked with USDA-RD - the Mayor interviewed several firms and sought input from Clerk Cole - the law firm of Hawkins, Delafield & Wood was one of the USDA-RD listed firms, was interviewed and already acts as bond counsel to the Village for the building project - the above firm will comply with requirements of USDA-RD and is familiar with the details of a USDA-RD application and has already worked with the Village in the bonding process RESOLVED clauses: - that the law firm of Hawkins, Delafield & Wood be selected to act as bond counsel for the Village of Red Hook for the USDA-RD water improvement grant bonding process

References

This document cites or incorporates the following separate documents:

  • 2011-12-15Usda-rd - Intent to File
    Both documents address the same USDA-RD water project but occupy different slots: Document A selects bond counsel (bonding-attorney slot), while Document B directs posting of a Notice of Intent (notice-filing slot); they are separate board actions in the same process, not revisions of the same instrument.

Referenced by

These other documents cite or incorporate this one:

  • 2011-11-17Usda-rd
    Both documents address the same USDA-RD water project but occupy different slots: A selects the engineer (design slot), B selects bond counsel (financing/bonding slot); they are separate board actions on distinct professional services within the same project.