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HomeMy WebLinkAbout1011 RESOLUTION NO. A RESOLUTION Of the City of Bremerton, Washington, employing counsel for certain services in connection with the issuance and sale of $~50~000 of general obligation bonds of the city, WHEREAS, the City of Bremerton, Washington is con- templating the issuance and sale of its general obligation bonds in the principal sum of $350,000 for the purpose of providing part of the funds necessary to construct a new City Hall with all necessary utilities, facilities and equipment, and to improve certain other property owned by the city at the southwest corner of Washington Avenue and Fourth Street; and WHEREAS, the constitution and laws of the State of Washington require that the question of whether or not such bonds may be issued and sold for such purposes must be submitted to the qualified electors of the city for their ratification or rejection; and WHEREAS, it is deemed necessary and to the best interests of the city that bond counsel skilled in such matters be retained to draw the ordinances, notices and other documents necessary for the 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 City of Bremerton, Washington, as follows: That Preston, Thorgrimson & Horowitz, attorneys at law of Seattle, Washington, be and they are hereby retained to perform the services above set forth and as compensation therefor the city agrees to pay them the sum~f $800, and in addition thereto agrees to reimburse said attorneys for any out-of-pocket expenses such as long distance telephone tolls Which they may incur in the performance of said services. In the event said bond proposition fails to car~y, the city shall pay said counsel the sum of $175 only, which shall be compensation for their services rendered to the date of said election. In addition to the above, the city further 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, PASSED UNANIMOUSLY by the Council of the City of Bremerton, Washington at a regular meeting thereof, signed by the Mayor and attested by the City Clerk in authentication of such passage this 13th day of August, 1958. CITY OF BREMERTON, WASHINGTON ATTEST: · /~ ~ y A torney -2-