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Bond Council

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

Versions

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

Latest version

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

2011-11-172011-12-15
date reset+11

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 project will require design and specification by professional engineers - the process requires proper advertising for engineering firms to submit qualifications - the Village of Red Hook advertised and received multiple responses to the request for qualifications and reviewed the submissions by various engineering firms RESOLVED clauses: - that the engineering firm C.T. Male and Associates was selected to work for the Village of Red Hook as its engineer for the water improvement project

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