HomeMy WebLinkAbout17091 - RESOLUTIONS - 4/17/1990 RESOLUTION NO. 17091
OF THE CITY COUNCIL OF THE CITY OF PALM
SPRINGS, CALIFORNIA, APPROVING A LETTER
AGREEMENT WITH SEIDLER-FITS,MERALD PUBLIC
FINANCE FOR BOND UNDERWRITING SERVICES FOR THE
PALM SPRINGS REGIONAL AIRPORT TERMINAL
EXPANSION.
WHEREAS the City of Paim Springs is the owner operator of the Palm Springs
Regional Airport as the air-carrier facility serving the Coachella Valley;
and
WHEREAS growth in passenger activity warrants expansion of the Airport
Terminal; and
WHEREAS the City Council has adopted Resolution No. 17012 constituting
official action to commence the expansion of the Palm Springs Regional
Airport Terminal with the intent of financing the improvements through the
sale of bonds or certificates of participation; and
WHEREAS underwriting services will tie needed in connection with the financing
of the expansion of the Airport; Terminal; and
WHEREAS the Airport Commission and Staff recommended the firm of. Seidler-
Fitzgerald Public Finance for hand underwriting services for the expansion,
NOW THEREFORE BE IT RESOLVED by the City Council of the City of Palm Springs
that a Letter Agreement with Seidler-Fitzgerald Public Finance is hereby
approved. 4
ADOPTED this 17th day of ApZ-il 1990
AYES:
NOES:
ABSENT:
ATTEST: CITY OF PALM SPRINGS, CALIFORNIA
By, ^�:�
City Clerk p\X/ City Mana6er
REVIEWED & APPROVED Y \ —