BCC Minutes 04/29/1982 S
Naples, Florida, April 29, 19A2
LET IT BE REMEHBE~ED that in accordanca with action taken on April
20, 1982 the Board of County Commissioners sitting as the District
Board of the County Water-Sewer District in and for the County of
Collier met in SPECIAL SESSION on this date at 3:25 P.M. in Building
"r" of the Cour~house Compl~x, East Naples, Florida, with the following
members present:
CH^IRM^!\':
VICF.-CII^ rRM!\N:
C.R. "Russ" Wimer
Mary-Frances Kruse
David C. ßrown
AbSENT:
John /I. ristor
Clifford v:enzel
ALSO PRESF.NT: William J. Reagan, Clerk; James C. Giles, Fiscal
Officer, Elinor M. Skinner, Deputy Clerki Donald ^. pickworth, County
AttorneYi Irving Berzon, Utilities ran~gcri end Grðce Spaulding,
Administrative Aide to the Poard.
/lGF:NDA
1) Approval of resolution amending Rp.so~ution C~S-RI-R as
subscquently amrndrd, providing for the issuance of not
exceeding $2p.,noo,noo Water Revenue P.onds ~nd providing terms
and conditions for the honds.
2) Approval of a resolution awarding the bonds described above
to Bðchc palscy Stuart Shields, Incorporòtcè.
3) Authorization for Chairman to execute Contract of Purchðse
with Rache ILllsey Stuòrt Shields, Incorporated for the sale
of the bonds described in Item 1) "hove.
4) Discussion iJnd authorization (or County Officers and r.taff to
take any other actions necessary tù close the sale of said
bo nd s .
5) Authorization to execute construction contracts for Regional
Water SY$t('m.
6) C?unty Rp.gional W~ter System - Contr~ct Changcs; Snles Tax
Incrc~se.
7) Goudland W~t('r Olctrict - r('que~t to ndvcrtisc a Public
Hcaring on ~òy 2~, 19P2 (or the lIdoption o( ,1 Rate Ordin~nce
for Goodlnnd W~t0r District.
pago 1
MO~ 068 fACE 663
~o~~
068 rACE f364.
April 29, 19(12
RESOLUTION CWS-82-4 AMENDING RESOLUTION CWS-81-R nE ISSU^NCE OF W^TER
REVENUE BONDS - "nOPTEn
County ~ttorney pickworth explained that this Special Soosion is ð
meeting of thc District Board of the County Watcr-Sower ~istrlct to
authorize certain action~ and execute cortain documcnts relating to the
issuance of w~tcr Revcnue Bonds. He said that the rcsolution
esscntially amends the main bond resolution; mar-es the r~quislte
statutory findings necessary to do a ncgotiated sðle, and awards tho
sale of thc bonds to Bache Halsey Stuart Shields, Inc.
Mr. Richard Wagner, of Southeastern ~uniclpal Bonds, Inc.,
distributed a letter on beh~lf of Southeastern ~unicipal Bonds, Inc.
and Fischer, Johnson, Allen' Burke, Inc., acting as joint financial
advisors for Collier County, which is incorporated by referonce horein.
He explained that the per bond figure of $25.30 is per $1,OOO bonds.
Mr. Partley Livolsi, Vice Pr.:>sident of Bache Halsey Stuart
Shields, Inc., sc,id thiJt he h"d ¿ good [¡lith check for ~1f!9,AO().O('l
which represcnts 1\ of the par amount of the issue and that he 13
pr~pared to purchase the bO:lrJs on May 13, 19:'\2 at a closing in New Y:>rk
City per the C0mmissioncrs' Instructions.
Mr. pickworth notc(] for the rccord thJt the purrhi1se contract
provides for the bonds' i1ggrcgi1tc purchase price of $lR,3~3,5()~.OO and
requested ð motion to Jdopt Resolution CWS-82-~ which was moved by
Commissioner Kruse, seconderl by Commissioner ßrown and carried
un ,l n i m 0 u sly. lJ t i 1 i tie s ~'.':1 age r I' c r ;: Q n s t.l t cd t h" the h ,1 d 5 C n t the
ComT!'is5ionE.:rs a me!':1or'1ndll:T1 d<'1ted ^pril 2P, 19B2 in which " figure of
the tot.,1 interc~;t on the bond W,IS listed <15 ~5l,lr9,IP5.rO, and he
cxpl.:¡incd th;'It figure w"s givt'!n to him preliminarily .1nd th.1t
$48,197,114.0n i9 thp arrropri~te ð!':10u~t.
Pl'lqc 2
, .
I
~pr!l 29, 1902
CIIl\Tnt-l"N l\UTllon'[7.F.O TO r.XECUTE PURCIIl\SF. cnNTn"C'I' Mo'O OFFTCTI\L STl\TFt-IF:N'I'
County ~ttorney pickworth requested a motion to ~pprove tho
execution by the Ch~irman of the purchasa contract and official
statement, as it has becn inked, which was moved by Commissioner Brown,
scconded by Commissioner Kruse and carried unanimously.
Mr. pickworth rcquezted a motion further authorizing the County
staff cnd officcrs, along with the Chairman and the Clerk, to execute
any other docum0.nts of a non-discretionary nature to fcJcilitate the
final closing on May 13, 1982, which waS moved by Commissioner Kruse,
seconded by Commis~ion~r Orown ðnd carried un~nimously.
Responding to Mr. ~ðgner, Ch~irman Wimcr said thcre would be a BCe
meeting May 11, 1982 in the evcnt there werc any details of the bond
issue to be handled.
Fiscal Officcr James C. Giles stated for the record that he had a
letter from S')uthei\stern Municipðl Bonds, ~nc. recommending to Collier
County thc process of negotiatcd sale for the bond issue which has bcen
transactcd this datc.
. . ,
, .
., ~Je "I
&O~K 068 PACf 683
, .
I
ð!1.j~ 068 PAC( Sg<'Z.
r.., '.'
:. \\ ~. 1;,
^pdl 29, 19~2
. ,
..,- .
1\ SALES T^i'INCREASE IN THE COUNTY REGIONAL WATER SYSTEM CONTRACTS -
^UTIIORJ7.F.D
utilities M~~~ger Derzon requested thðt the BCC givo fðvorðble
considerðtion to allowing an adjustment on the County Regional Water
.
System contract prices for tho 1\ increase of the Sales TðX which
becomes effective May 1, 1902. He said he bel1ùved that all the
contractors would accept the adjusted price. Commissioner Kruse moved,
seconded by Commissioner Brown and carricd unanimously, that the :\
Sales Tax increDse in the County Regional Water System Cor,tracts bo
authorized.
PUBLIC lIF:lIRING ON ~""Y 25, 1982 FOR THF. ADOPTION OF A RATE OP.DINlINCE FOR
THE GOODLfII-!D ';'lITER DISTRICT - /I.!JTllornZF:D .
utilities ~anager Bcrzon rcquested permission to advertiso for a
public hearing to be scheduled for ~Iay 25, 19ß2 ðt which lime a rate
ordinance for the G00dland W~ter District would be presented. Co~mis-
sioner Brown so moved, seconded by Commissioner Kruse and carried
unanimously.
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There being no further business to come before the noarj the
meeting was adjourned at 3:~O P.M. by order of the Chair.
BOARD OF COUNTY CO~~ISSIONERSI
DISTRICT BOARD OF COUNTY WATER-
SEWER DIST!lICT
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W;.~~IA~/. _ ~E_"G^E. CLEhl<.
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The5~1 m~~~J.~~provCd by the ()CC on m'*Y./( I'J"'JL- as
prcscnt~G' or as,corrected -(,7,
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