HomeMy WebLinkAbout08-75
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RESOLUTION NO. g - 7 ~
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A RESOLUTION of the City Council of the City
of Port Angeles, Washington, retaining
counsel for certain services in connection
with the authorization, issuance and sale
of bonds and warrants of Local Improvement
District No. 198 of the City.
. WHEREAS, the City of Port Angeles, Washington (herein-
after called the "City"), is contemplating the formation of Local
Inprovement District No. 198 and the issuance of its Local
Improvement District warrants and bonds in connection therewith;
and
WHEREAS, it is deemed necessary and to the best interest
of the City that bond counsel skilled in such matters be retained
-to draw the resolutions, ordinances, notices and other documents
necessary for formation of such LID, the levying of assessments.
t~erein and for the authorization, issuance and sale of said
warra."l.ts and bonds and to give their opinion as to the validity
thereof at the time or times of their sale;
NOW, THEREFORE, BE IT RESOLVED by the Council of the
City of Port Angeles, Washington, as follows:
That Preston, Thorgrimson, Ellis, Holman & Fletcher,
attorneys at law of Seattle, Washington, be and they are hereby
retained to perform the services above set forth and as.compensation
~~erefor the City agrees to pay them, upon the issuance and delivery
of said bonds, the sum of $1,700.00, plus $1.00 for each $1,000 of
bonds in excess of $500,000.
In addition to the above, the district further agrees
to reimburse said attorneys for any out-of-pocket expenses such as
long distance telephone tolls \{hich they may incur in the performance
of said services, and also agrees to furnish said counsel at their
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office in Seattle, Washington, with a complete certified transcript
-of all proceedings taken in the matter of the issuance of said
bonds.
PASSED by the City Council of the City of Port Angeles,
'~ashington, at a regular meeting thereof held the / % day of
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d.p/~
, 1915.
CITY OF PORT ANGELES, I'lASHINGTON
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Mayor
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I, ~mRI&~ C. PARRISH, the duly chosen, qualified and acting Clerk
of the City of Port Angeles, Washington, DO HEREBY CERTIFX that
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the foregoing is a true and complet~ copy of Improvement Resolu-
tion 198, passed by the Ci:ty Council at a regular m~~ting thereof
held the JL day of ~ ' 1975.
DATED this I..:L day of ;;f,~
~r3,~
, 1975.
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