HomeMy Public PortalAbout1992_04_14_R041 The Town of
Leesburg,
Virginia
RESOLUTION NO.
A RESOLUTION:
PRESENTED April 14, 1992
92-41 ADOPTED April 14~ 1992
AUTHORIZING THE SELECTION OF ALEX BROWN & SONS, INC. AS
SENIOR MANAGING UNDERWRITER FOR THE PROPOSED WASTEWATER
REVENUE BOND ISSUE
WHEREAS, on February 11, 1992, the Council authorized the issuance ora Request For Proposals
to select a senior managing underwriter for the town's proposed revenue bond issue funding the expansion
and upgrade of the wastewater treatment plant; and
WHEREAS, proposals were received on March 6, 1992, from ten investment banking firms; and
WHEREAS, the proposals were reviewed by the town's selection committee which compiled a short
list of four fnuns which were then interviewed; and
WHEREAS, based on the written proposals received, oral interviews, and the evaluation criteria,
the selection committee has concluded that Alex Brown & Sons, Inc. is the from best q,,ulliied to serve the
town as senior managing underwriter for the wastewater treatment plant revenue bond issue.
THEREFORE, RESOLVED by the Council of the Town of Leesburg that Alex Brown & Sons, Inc.
is hereby appointed the town's senior managing underwriter for the proposed wastewater treatment plant
revenue bond issue.
PASSED this l Z, rh day of Apri 1
,1992.
Robert E. Serifa, Mayor
Town of Leesburg
ATTEST:
Clerk of Council
R:Alex-Brown