HomeMy WebLinkAboutResolution No. 2023-11 - Underwriter Services for Issuance of Securities RESOLUTION NO. 2023-11
A RESOLUTION OF THE PASCO PUBLIC FACILITIES DISTRICT
BOARD APPROVING THE POSTING OF THE UNDERWRITER SERVICES
FOR THE ISSUANCE OF SECURITIES REQUEST FOR QUALIFICATIONS,
ON SEPTEMBER 22, 2023, SELECTION, NEGOTIATION, AND FURTHER
AUTHORIZE THE PPFD EXECUTIVE DIRECTOR TO EXECUTE THE
CONTRACT DOCUMENTS.
WHEREAS, the Pasco Public Facilities District (PPFD) was duly formed pursuant to
Chapter 35.57 of the Revised Code of Washington on July 15, 2002, by the adoption of City of
Pasco Ordinance No. 3558, and granted all powers provided by law pursuant to RCW 35.57.010;
and
WHEREAS, the PPFD Board approved Resolution No. 2023-01, creating the process for
the procurement of Service Provider Agreements in accordance with RCW 35.57.070 and based
on the procedures finds that it is appropriate to solicit for requests for qualifications for an Special
Counsel; and
WHEREAS, the PPFD is in need of underwriter or placement agent services to assist in
the issuance of securities (aka"bonding); and
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE PASCO PUBLIC FACILITIES DISTRICT as follows:
Section 1. That the Pasco Public Facilities District Board of Directors does hereby
approve the solicitation of an Underwriter Services for the Issuance of Securities Request for
Qualifications; and
Section 2. That the Pasco Public Facilities District Board of Directors does hereby
approve that the PPFD Executive Director will publish notice, prepare criteria, receive and
evaluate proposals for conformity with submission requirements, and assuming selection of a
preferred service provider, negotiate with respondent(s) under the requirements of the Service
Provider Agreements process established by Resolution No. 2023-01; and sign and execute a
Professional Services Agreement with the preferred service provider on behalf of the PPFD Board;
to make minor substantive changes as necessary to execute the Agreement; to report back to the
PPFD Board progress and success of executing the agreement; and
Section 3. That this Resolution shall take effect immediately.
Resolution-Underwriting Services- 1
PASSED by the Pasco Public Facilities District Board of Directors,of Pasco,Washington,
this 19th day of September, 2023.
PASCO PUBLIC FACILITIES DISTRICT
�� �
M rk Momssett , Board President
ATTEST: APPROVED AS TO FORM:
, �
Carolme Bowdi �, Secretary/Treasurer Kerr uson Law, PLLC
Pasco Public Facilities District A ey for PPFD
Resolution—Underwriting Services-2
RESOLUTION NO. 2023-12
A RESOLUTION OF THE PASCO PUBLIC FACILITIES DISTRICT
BOARD APPROVING THE POSTING OF THE SPECIAL COUNSEL
REQUEST FOR QUALIFICATIONS, COMMENCING ON SEPTEMBER 22,
2023, SELECTION, NEGOTIATION, AND FURTHER AUTHORIZE THE
PPFD EXECUTIVE DIRECTOR TO EXECUTE THE CONTRACT
DOCUMENTS.
WHEREAS, the Pasco Public Facilities District (PPFD) was duly formed pursuant to
Chapter 35.57 of the Revised Code of Washington on July 15, 2002, by the adoption of City of
Pasco Ordinance No. 3558, and granted all powers provided by law pursuant to RCW 35.57.010;
and
WHEREAS, the PPFD Board approved Resolution No. 2023-01, creating the process for
the procurement of Service Provider Agreements in accordance with RCW 35.57.070 and based
on the procedures finds that it is appropriate to solicit for requests for qualifications for a Special
Counsel; and
WHEREAS, the PPFD is in need of specialized legal advice including bond counsel
services; and
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE PASCO PUBLIC FACILITIES DISTRICT as follows:
Section 1. That the Pasco Public Facilities District Board of Directors does hereby
approve the solicitation of a Special Bond Counsel Request for Qualifications
5ection 2. That the Pasco Public Facilities District Board of Directors does hereby
approve that the PPFD Executive Director will publish notice, prepare criteria, receive and
evaluate proposals for conformity with submission requirements, and assuming selection of a
preferred service provider, negotiate with respondent(s) under the requirements of the Service
Provider Agreements process established by Resolution No. 2023-01; and sign and execute a
Professional Services Agreement with the preferred service provider on behalf of the PPFD Board;
to make minor substantive changes as necessary to execute the Agreement; to report back to the
PPFD Board progress and success of executing the agreement; and
Section 3. That this Resolution shall take effect immediately.
Resolution—PPFD Special(Bond)Counsel- 1
PASSED by the Pasco Public Facilities District Board of Directors, of Pasco,Washington,
this 19�'day of September, 2023.
PASCO PUBLIC FACILITIES DISTRICT
�
� -
Ma Morrissette, Board President
ATTEST: APPROVED AS TO FORM:
. .
Caroline Bowdish, Secretary/Treasurer Kerr Fer on Law, PLLC
Pasco Public Facilities District Atto y for PPFD
Resolution—PPFD Special(Bond)Counsel-2