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Bond Council

↑Meetings/Resolutions/11-2011
Activeformal_resolutionongoingHawkins, Delafield & Wood is selected to act as bond counsel for the Village of Red Hook for the USDA-RD water improvement grant bonding process.
First seen
2011-11-17
Latest event
2011-12-15
adopted
Expires
—

Resolution text

RESOLVED

  1. 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
Show preamble — 8 WHEREAS clauses
  • 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
  • WHEREAS, the process includes a bonding process to secure the grant from USDA-RD
  • WHEREAS, 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
  • WHEREAS, the bond will require the professional services of a bonding attorney
  • WHEREAS, the USDA-RD preliminary approval included a list of experienced attorneys and or law firms that have worked with USDA-RD
  • WHEREAS, the Mayor interviewed several firms and sought input from Clerk Cole
  • WHEREAS, 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
  • WHEREAS, 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

Lifecycle (2 events)

2011-11-17adoptedvote: unanimous
Select the law firm Hawkins, Delafield & Wood as bond counsel for the USDA-RD water improvement grant bonding process.
moved by Blundell · seconded by Kovalchik
Show text snapshot for this event
Resolved
  1. 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
Whereas
  • 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
  • WHEREAS, the process includes a bonding process to secure the grant from USDA-RD
  • WHEREAS, 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
  • WHEREAS, the bond will require the professional services of a bonding attorney
  • WHEREAS, the USDA-RD preliminary approval included a list of experienced attorneys and or law firms that have worked with USDA-RD
  • WHEREAS, the Mayor interviewed several firms and sought input from Clerk Cole
  • WHEREAS, 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
  • WHEREAS, 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
2011-12-15adoptedvote: unanimous
Select the law firm Hawkins, Delafield & Wood as bond counsel for the USDA-RD water improvement grant bonding process.
moved by Blundell · seconded by Kovalchik
Show text snapshot for this event
Resolved
  1. 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
Whereas
  • 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
  • WHEREAS, the process includes a bonding process to secure the grant from USDA-RD
  • WHEREAS, 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
  • WHEREAS, the bond will require the professional services of a bonding attorney
  • WHEREAS, the USDA-RD preliminary approval included a list of experienced attorneys and or law firms that have worked with USDA-RD
  • WHEREAS, the Mayor interviewed several firms and sought input from Clerk Cole
  • WHEREAS, 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
  • WHEREAS, 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
Subject key: hawkins_delafield_bond_counsel