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PERS Unfunded Liability Meeting open to the public on Tuesday September 18, 2007

The following request is from the Mariposa County Chamber of Commerce President, MaryAnn Huff and Mariposa County Supervisor, Lyle Turpin. Please read through to the bottom of the page.

We are requesting participation from the public for a special meeting at

2 p.m. on Tuesday, September 18, 2007

Mariposa County’s $11 Million unfunded liability that we owe PERS (Public Employee’s Retirement)

A Special Presentation by Dave Liefler, KNN Public Finance, Regarding Pension Obligation Bonds and Mariposa County’s Unfunded Liability.

Dave will explain & be prepared to answer all questions.

Please participate in this important meeting as it affects us all.

Mariposa County Board of Supervisors Agenda

2:00 p.m. Calendar

Tuesday, September 18, 2007

Richard J. Benson, County Administrative Officer/Personnel/Risk Manager;

 

A)  Presentation by Dave Liefler, KNN Public Finance,

Regarding Pension Obligation Bonds and Mariposa County’s Unfunded Liability

 

B)  Adopt a Resolution Authorizing the Issuance of Pension Obligation Bonds; the Execution and Delivery of a Trust Agreement,

An Auction Agreement and a Broker-Dealer Agreement and Authorize other Actions Relating to the Issuance of Such Bonds

For further information, please contact Rick Benson, Mariposa County Administrative Officer at (209) 966-3222.

 

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