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CORREC'I'IONS BOARD <br />S6erill: <br />Raul Ramirez <br />Commissioners: <br />Randall Franke <br />Mary Pearmine <br />Gary Heer <br />DIREC'I'OR <br />s~ny F. w~on <br />ADMINISTRATION <br />(503)588-8487 <br />FAX N 540-8055 <br />WORK CENTER <br />Clieat Intormatiou <br />(503) 588-8533 <br />FAX # 588-8526 <br />~ PAROLE/PROBATION <br />Client InformaNoo <br />(503)588-8492 <br />FAX # 540-8055 <br />l~larion Count~ <br />OREGON <br />DEPARTMEN7 OF <br />CORRECTIONS <br />July 13, 1998 <br />~~~ ~+~~r~w~~ ~~ Ieorr ~~~~~~~ <br />-~~_~ <br />tr ,e , .~ ~..,~,.,.,~,..~ ~- ~:~ - _ <br />~y: <br />~..~ __. «~.. <br />~ ~~~ <br />~ <br />•~ <br />To: Board of Commissioners <br />CG ' <br />~ <br />~~ <br />y,~ ~'y~" <br />~ ~~~6 ~ ~~ <br />, "~ <br />om: . Billy F. Wasson <br />Re: Underwriter Selection for the Courthouse Square Project <br />Recommendation: <br />1. Select as Co-Senior Managers the firms of Prudential <br />Securities and Solomon Smith Barney for the Courthouse <br />Square Project. <br />2. Authorize staff to negotiate and execute a contract with the <br />selected firms. <br />Backg~ound: <br />In response to a County initiated R.F.P. we received three proposals. Our <br />financial advisors, R.S. Clements & Associates, evaluated the responses and <br />have recommended that we select these two firms as Co-Senior Underwriters <br />on the project. This recommendation allows the County to take advantage of <br />the lowest quote and wider experience of both firms. <br />R.S. Clements review and analysis is attached as additional supporting <br />information. <br />4040 Aumsville Hwy SE Sslem, Oregon 97301 <br />Internet http://www.open.orgJmcorrect , <br />