RES 69-03 COUNSEL FOR AUTHORIZATION OF BONDSA RESOLUTION of the Town of Winslow, Washington
retaining counsel for certain services in
connection with the authorization, issuance
and sale of limited levy general obligation
bonds of the Town in the principal amount of
$25,000.
WHEREAS, it is deemed necessary and advisable that the
Town of Winslow issue and sell its limited tax levy general
obligation bonds in the amount of $25,000 to provide funds to
pay part of the cost of acquiring and constructing a combination
town hall and fire station and to construct an equipment shed;
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
Two Hundred Fifty Dollars ($250.00), 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.
In 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 agreed upon between
the Town ~d said counsel, and shall be in accordance with fees
usually charged for the amount of bonds so sold.
PASSED by the Council of the Town of Winslow, Washington
at a regular meeting thereof held this day of ¥, , 1969.
ATTEST:
APPROVED:
Town Attorney
I !