HomeMy WebLinkAbout1993_08_12 Housing Authority Minutes C
MEETING MINUTES
AUGUST 12 , 1993
The meeting was called to order at 8 : 35 PM by Barry Weprin, Vice -
Chairman. The meeting was held in Conference Room A in the
Mamaroneck Town Hall.
Mamaroneck Housing Authority members in attendance were:
▪ Barry Weprin, Vice - Chairman
• Mary Regina Carlson
• Jeffrey Marston
▪ Susan Sidel.
Visitors and staff in attendance were:
Ed Lieberman, Counsel to the Authority
Elaine Price, Town Councilwoman
Steve Altieri, Town Administrator
Tom Rothman, Bond Counsel
Frank McKenna, Bond Underwriter
Richard Tortola, Financial Advisor.
Resolution 93-16 appointing Jeffrey L. Marston as Secretary.
Moved by Susan Sidel; seconded by Barry Weprin; passed: 3-0.
There was extended discussion regarding the bonds for the
construction of the Hommocks Park Apartments and related costs and
funds.
There was discussion of the contract for Fiscal Agent.
There was discussion of the Purchase Contract for the bonds.
Resolution 93-17 authorizing the issuance and sale of bonds in the
aggregate amount of $4, 645, 000 for the construction of the Hommocks
Park Apartments and related costs; authorizing and approving the
Fiscal Agent Acrreement with M & T Bank to act as the Authority's
fiscal agent in connection with the bonds; authorizing and
approving the Eond Purchase Contract with Glickenhaus & Co to act
as underwriter and purchaser of the bonds; approving the form,
substance and distribution of the Official Statement in connection
with the sale of the bonds; and, approving the form of the bonds.
Moved by Mary Regina Carlson; seconded by Susan Sidel ; passed: 4-0.
Resolution 93-18 authorizing the Chairman or Vice-Chairman to enter
into an indemnification agreement with the Town of Mamaroneck.
Moved by Susan Sidel ; seconded by Mary Regina Carlson; passed 4-0.
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The meeting was adjourned at 9 : 50 PM.
Minutes submitted by Jeffrey L. Marston, Secretary.
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