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4 09 are entitled to such disclosure. He continued that the Board is re- q 'red to review the Official Statement for the purpose of ascertaining the truthfulness of the statements therein. Mr. Schricker distributed to the oard copies of a cover letter from the bond counsel. As clari- ficat n and in response to questions by the aoard, he assured them that in ofar as statements attributed to others, they would not be held res onsible, unless from some outside source the B o ard is privy � to such i ormation; that is, if District does not have such information, they are no obligated to obtain it. He assured the B o ard that simply �+ by virtue of �the fact he is advising them of the law, there is no impli- cation that tl'3�y would not have done anyway what he is advising them to do, but tha it was to their advantage to review the Statement. He also requeste�, that any corrections such as incomplete sentences and the like, be brouc)ht to staff attention before next Monday. �, � Mr. O'Neill added th t the draft has been thoroughly reviewed by their staff of attorneys, a that refinements will probably be made during this week, with the fi� 1 version ready in time for the next agenda packets, and that it wou d be appreciated if they could receive any com�nents by Council no la r than Wednesday, January 31. � Executive Session �� MOTION: Director Norris moved, econded by Director Biagi, to adjourn to executive session to c sider matters relating to labor negotiations and to reconvene sole to adjourn. The motion carried unanimously by voi e vote. The B o a rd adjourned to executive sessi n at 9:45 p.m. �*�* .� Adjournment MOTION: Upon motion duly made, seconded and nimously carried, the Council adjourned to an executive session at 5: p.m. on Wednesday, January 31, 1979, in the office of the City Manag r. The Council adjourned at 11:00 p.m. FRANCES I. ETTS Deputy Distric Clerk \ � ...i�rr.r GID 1-64 Bd./Dir. 1/29/79 Page 4