RES 68-06 COUNCIL FOR AUTHORIZATION OF BONDSRESOLUTION NO
A RESOLUTION of the Town of Winslow, Washington
retaining counsel for certain services in
oonnectlon with the authorization, lssuanoe
and sale of general obligation bonds of the
Town in the principal amount of $100,000.
WHEREAS, it is deemed necessary and advisable that the
Town of Winslow acquire property containing an existing
structure to be modified, added to and altered to provide a
combination town hall and fire station, and to provide funds
to pay the cost thereof that it issue and sell its unlimited
tax levy general obligation bonds in the principal amount
of $100,000; and
WHEREAS, it is further deemed necessary and advisable
that bond counsel experienced in such matters be retained to
draw the resolutions, notices and other documents necessary
for the authorization, issuance and sale of said bonds and
to give their opinion as to the validity thereof at the time
of their sale;
NOW, THEREFORE, BE IT RESOLVED by the Council of the
Town of Winslow, Washington, as follows:
That Preston, Thorgrimson, Horowitz, Starin & Ellis,
attorneys at law of Seattle, Washington, be and they are
hereby retained to perform the services above set forth, and
as compensation therefor the Town agrees to pay them the sum
of Seven Hundred Twenty-Five Dollars ($725.00), and in
addition thereto agrees to reimburse them for any out-of-
pocket expenses such as long distance telephone tolls which
they may incur in the performance of said services.
It addition, the Town agrees to furnish said counsel
at their office in Seattle, Washington, with a complete
certified transcript of all proceedings taken in the matter
of the issuance of said bonds.
In the event that the Town sells only part of said bonds
at any one sale, then the fee shall be as later aEreed upon
between the Town and said counsel, and shall be in accordance
with fees usually charEed for the amount of bonds so sold.
In the event said bond proposition falls to carry, the
Town shall pay said counsel the sum of One Hundred Seventy-
Five Dollars ($175.00) only, which shall be compensation for
their services Tendered to the date of said election.
PASSED by the Council of the Town of Winslow, WashinEton,
at a TeEular meeting thereof held this ~{~ day of
1968.
ATTEST:
Clerk
Attorney for Town
! [
I, F. H. SAUL, Clerk of the Town of Winslow, Washington,
DO HEREBY CERTIFY that the foregoing is a true and correct
copy of Resolution No. , duly adopted at a regular
meeting of said Council on the day of , 1968,
Clerk, Town of Wlnslow