A roll call vote was taken. Communications from the Audience Mr. Roy Laverty introduced himself as the new Alameda Newspapers staff writer reporting on Ohlone College. If it is determined that it is in the District's best interests and the District would choose to select Sutro and Co. as investment banker, then the fees for those services would be 1.00 percent of par for the initial series and 0.95 percent of par for any subsequent series. All fees are contingent on a successful bond closing. All fees are contingent on a successful bond closing.
All fees are contingent on a successful bond closing.
A roll call vote was taken. Dr. Hogue recommended renewing the agreement between the Gallaudet University and the Fremont-Newark Community College District. A roll call vote was taken. Ms. Joanne Schultz, Director of Financial Services, distributed a handout of her report and reviewed the District's actual financial activity for the 1998-99 fiscal year. Additionally, she reported that variances between what staff projected would happen when the Third Quarter Report was prepared in May and what actually occurred.