TITLE:
Approval of Contract with Watson Sloane PLLC for Bond Counsel Services
BACKGROUND INFORMATION:
This contract would replace the existing contract with Nabors, Giblin and Nickerson, which will be terminated upon approval of the contract with Watson Sloane. An estimate NTE was placed at $50,000 based on average 5 year spend. Actual cost will be based on fees associated with issuance of bonds.
BUDGET INFORMATION:
Item Budgeted Y/N - No- Paid from cost of issuance account
Total Cost: NTE $50,000
Budget Coding: Paid from cost of issuance account
Requisition Attached: N/A
CONTRACT INFORMATION
Contract with: Watson Sloane PLLC
Contract value: NTE $50,000
Budget coding: Paid from cost of issuance account
Contract Purpose / Description: Bond Counsel Services
Contract Originator: Beverly Anders, Executive Director, Finance and Performance
Board Meeting Date: April 13, 2021
RECOMMENDATION
Approval of Contract with Watson Sloane PLLC