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HomeMy Public PortalAboutAB 20-030 Bond CouncilMcCALL CITY COUNCIL 216 East Park Street AGENDA BILL McCall, Idaho 83638 Number AB 20-030 Meeting Date January 23, 2020 AGENDA ITEM INFORMATION SUBJECT: Request for Bond Counsel Selection for May 2020 Bond Election for the Library Expansion Project and Relocation of the Park’s Maintenance Shop Department Approvals Initials Originator or Supporter Mayor / Council City Manager Clerk Treasurer Originator Community Development Police Department Public Works Golf Course COST IMPACT: TBD Parks and Recreation FUNDING SOURCE: Airport Library TIMELINE: ASAP Information Systems Grant Coordinator SUMMARY STATEMENT: In the State of Idaho there are only three law firms that provide bond counsel services. Typically, cities will select as bond counsel a law firm and attorney they have an established working relationship with. Most recently, the City has worked with Adam Christ ensen with Hawley Troxell on the bond issuance that was necessary f or the annexation of the City sewer system into the Sewer District. The last bond issuance for the City of McCall was for the 2008B Sewer Revenue bonds. Rick Skinner at Skinner Fawcett was bond counsel for that issuance in 2008. Christian Anderson, with Zions Bank, the City’s municipal advisor has sent out a Request for Bond Counsel Proposals for the City of McCall, Idaho 2020 GO Bond Election asking each firm to provide their proposed fee for this issuance, to include a not-to-exceed fee for a failed elect ion. The proposals are due back to by Wednesday, January 22, at 4:00 PM. The results of the proposals will be provided to the Council for consideration and selection. RECOMMENDED ACTION: Select as Bond Counsel, ____________________, for the City of McCall, Idaho 2020 GO Bond Election RECORD OF COUNCIL ACTION MEETING DATE ACTION