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HomeMy WebLinkAboutNB03-City Attorney . /'( ~ '-"C/'-'(- 'n ~ rf~J~:_. - - - --- - - - ,.,er"'f~ OF SAN BERNARD,....,O - REQUFAT FOR COUNCIL AC"ON \.",,,. '. '" From: Ralph H. Prince Subject: Authorization for Allen R. Briggs to attend conference on tax-exempt financing Dept: City Attorney Date: December 20, 1985 Synopsis of Previous Council action: l2/l9/85 Redevelopment Committee approved authorization for Allen R. Briggs to attend conference on tax-exempt financing. Recommended motion: 1. Authorize Sr. Asst. City Attorney Allen R. Briggs to attend conference on tax-exempt financing to be held in San Diego on January 9 and 10, 1986. 2. Transfer $700 from unappropriated reserve to City Attorney's Meetings and Conferences Account. ~~~~ Contact person: Allen R. Briggs Phone: 5256 N/A Supporting -jata attached: Yes Ward: FUNDING REQUIREMENTS: Amount: $700 Source: Unappropriated Reserves Finance: Council Notes: 75.0262 A9pnda Item NO~'!:?1:'iL-'71bk/ - - - OF SAN BERNARoQO - REQUOT FOR COUNCIL A~ON STAFF REPORT Senior Assistant City Attorney Allen R. Briggs has requested that he be permitted to attend a conference on tax-exempt financing for residential, commercial and industrial real estate being held on January 9 and 10, 1986 in San Diego. The conference is sponsored by the National Real Estate Development Center, and features workshops and programs on the legal and financial aspects of such financings. Nationally recognized experts on bond financing of various types will be included in the presentations. Mr. Briggs believes the conference will substantially enhance his ability to evaluate bond issues and bond documents presented to him for review, and will better enable him to respond to Council and Commission inquiries concerning bond documents. The Redevelopment Committee has recommended that Mr. Briggs be authorized to attend the meeting, but that funding be provided by the City, with the City Attorney's budget enhanced to cover the unanticipated expense. The Economic Development Council will be contacted by the Redevelopment Agency and asked to participate in the cost of Mr. Briggs' participation. URGENCY: The conference is scheduled for January 9 and 10, 1986, but registration fee is $475 if paid before December 30, and $575 if paid after that date. The Redevelopment Committee asked that this be presented as a City Agenda item, and that it be walked on since it was considered too late to be included in the City's agenda. Committee recommendation was made Thursday, December 19, 1985. 75-0264