HomeMy WebLinkAbout834 A ~i~,~oLU'i2iOi{ of t, he Oit, y of Bremerton, ',~ashin.~ton~
employing &. O. ~iI,LYN ~,,D CO~.P~.~'i Y, I',~CO~PORA']7~]D,
to p~forht ~(~ provide certain services in connec-
tion ~,.,ith the construction emd completion of the
,~,'a~reR Aw.n~,te [~ridse ~nd in connection with the
issuance and sale of revenue bonds and the pay-
*~ent thereof.
....~,hm~ .~"o, there ezists in the City of Bremerton ~ i~ediate
~eed for the ..... ''
consor.tct,zon of ¢,~ additional bridge to cross Port
~r ~-~n~toa ?arrows ?.'ithin the City of ~remert, on~ '.~shin~ton, ~nd
the sa:r:e is qo~; projecte6 et v.¢arPen Avenue a~d for the benefit of
~h~ citiz¢¢n..~o of the ,",~-~,.v uf .~:rcnerton and em~.~loy. , ~¢'s of the Pu~.~et
~o~md [ia'vai S]~ipy'ar'~ said ,~arren Avenue bridge should be con-
~,tructed trader su.r~::rviaion of the ~.~ashington Toll Br~a~ Authority
::m~'} tl~,?t ali or a portion of the oroject be ffmanced by toll. rev-
,~mue ~::t-:~ that iL is necessary 'bhat 'b]'e City of Bremerton employ
.. · ~"~',.~.',~ to ~re'~ behalf of
d'[ty ,d' :~remerton ':z. ervices ~.n connection :.-;th the advisi, nS of the
:.~ :~ci~ls of r,a.. Oity of ;~:cer:,ert. on on the ;::;t,.,~*_~ ~. to be taken in
~ a~.h~;: r, rel_i,'~inar'y study and for s~':bmission to the ~;'~ashington Toll
iridge Authority a ~.orl:ab!e fiasncial ~d engineering progr~n;
.... ': '~3 iT ki~SOLVi[iD by the Co~tncit of the
o~u;t~l.~~"':'""~-, '~ I: m~na{5 the Oity of Bremerton '~,ePeby.. employs
mi';UONi"~'f.k,~, hereinai'teP ca~_!eo
)r~.].,r~xy': v.d~.u.r' v, ili urovide the foil owing services:
!. iepre~;enta-tives of the Compsmy ~.,~iil r~::et ~,~'itl~ the
~[)~)~_Nl~:ll O.L '~l':~ C '~ ~:;v of ;~remerton ~ en~i'rleers~ attorneys,public
r,~r::cs-::.~:::-z to brin,:{ t}~,s studies re].ativ(~ to the cons~lruction and
~'ir~:.:,nCin~!l 0.[' the,~t .... .... , .... ~_v'enue bridge, forv,Tard
2 ~nn'~Sentat yes Of t' ~ ~
,o .~.~ ...... na Company will disc'u~s with
~.;ou. nci! and present th~' Zomp~'y's recommendations as to ~ach
' tot e~: .:.~ nc]_udin~r +-~-e. .... er:~p!.oyrqent oJ' en?ineers,~, surww'ors and
' '-t, orneys,.., as ~ r~,.i-,,hen ;.~:',,ch_ of: p].otr~le~I%~ is advJ sah].e and upon
~:e~t:,ence },y the t;it.v !S Oilr!Ci ].. Of' sUCh recorr,,~endations the Company
3. The Company will {'rom time to time seek the advice
c:o:npeteat 'bond counsel in order that all steps may lead to
n,r,n] saiao].e revenu,~ bo;~d issue
4. The Company o,. its r<-prese~tatives will study the
Pe,oorts of th.e engincsr::, aVtorneys an6 others and based thereon,
~`_ au.v]..so._ ~ el._ .... U:~t'z {;,::tmci..i as ~:.o Shy., further steos, to be token
the {';om'~at~r w-ill ~:ss~st t~l-:.e City ,Soo. nci~ in the ~resentstion
the }nsogram to ~'~-e ~-~sb~r,~?t,)'o ~.o_,_1 ?:oidp?, 2uthor'itf.
5 ~her~ the uro~,'ra-u hes b~:n ~cce'~',ted by t,r~e
.1 ..... Per}re sentstives will
>"~st}'[~:t.i. or!s to the eud that the financin[ shall h~ assured at tbe
~:se, r, os?ib]e terms fn ~ccordance vd~th market conditions at the
ti. ma.
,,,113 stb~?~it a bid when the bonds are
6. The C; or~,,~ar~ y .
c*'f',,;,'*d for sal* in ~ ccorc;~>r.~cc .... J~h ~.}'~,~ t,:re~s of *:.h~ final., financ-
s}~ir~ltor Toll ':;r'i,~[~-~ .:,uthority and the 6omp~my.
g. ~' ' .']..~..[ 'oreoare r:rosoectus to be used in
~ .....~;, . ~.,.s on the boc. d.s and ,,,ill circu]_.at~ the same in as
"ide 3 mourner cs ~,oss'i}>- ~. t,o~.tract the best competitive bids.
Jtv ~.,ounej. l of tb~ t,itv of BremePtor~
ll"~r.[.lTM of ~'] 9 {;it~ h~,i, ng by this resolut, ion emplo?~d ~t. C.
.fY;, ,Li,;) (;Ol.i~Y. ii]"i(301r, P~),~&T,D~ e~lrees t.o take .~ce. ion on the
't~:.,.rio~ at. ecs Pec:ommeNded by the Company, provided the same
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;~re !eEc] au.d nccn:nt~b]n to 'thc 13ity $ouncil, es nx~editious].y
"- ~ . erovided such engineers,
~,one,~'ov nay r'eoo~'JT~er}d .f~on~ !-j. Fle t.o time, ~ ....
~urv~vora ~nd at. tora~vs--~,','.a t'oe t~rms of tl~eir emp!oynent are
o:n~ci! for t~e pnrpose of m~king snch
;~w~sti~l'ations, ~urveys: reports ~nd o~}inions as the Company mey
rec i~.st in connection ,~xith the 'project but the scope of such
;"e~:,or'r,'~,= shall be e..:~t~' ........ ~ '~lished by the Comply.
2. Submi~ tbf s proposal and furze s~udies as may be
~-ec~uestod to the 't~:ahinp'ton ~ '1 Bridge Authority for its approval
}. Promptly pay ~1!. costs ~ncurred hereundeP and which
c-,ay :~,:vt. l~ ps~d b,, others but exc~ot to sn~ extent which the O ity
Council may hereafter r',etermfine shall be pai.8 solely frors the
~. o,..eno of the bo~s ~o ~o zssued eta,ri ~e to be e 9~t of the
~o~% of the n~ojec:3. Oud'~ ~o~ts shall include b~t ~hal! ~ot be
~io'.'. costs,.°ri~t. ir}~?---- :~ of bonds~ advertisings, cost of :~}rospectus
;~mr~ fee ~,o. be :daid to ,...~ e ~uom~anv..: . ['which shal]_ not include the
FJompa',,V's ext~en, ses} ~s -~e].l ~:s ~1] re:her epproved advancements
',..~b~cb may have b~en heretofore or ~:ereafter made on account of
t:,~- project.
b. Cause to b~ ."aid to ~"une Company, but solely., and only
rron~ the proceeCs of ~-~v revenue bonds issued on account of the
~.roject, a sum ~em}al to one per cent (li:~) of the face value of
:mF' .:~rd ~:1l bonds so issued and t}:e same is to be due and payable
,:~i~,]!t~:usly ~-~th vhe issuance and detiw~ry of t,h~ bonds to the
,'~urcheser thereof, re?lard]ess. . .... of whether the Company_ o~.. e.,~e~ Company
:.~-~d :,ssociat, es %ecome the successful purchasers. No such fee shall
~-,~ ~.~e or navab].e to t~:e Com~,~ny ~ th~ event that; the Can?ny
dete.ri'~.ines that an ~cceptable financin~ ~2rogram can not be
c, st~].ished eh5 t~a City Council is so ~dvised by the Company,
~'ut ~ apr event the ,~:LtV of Bremerton is not to be liable for
,nv of the Companyts costs or axoenses ~xcept such as may be
~ncurre8 b~ ~,i~e Company o~ ~eha~f' of the City of !:ir~r0erton ~nd
SECTIOif Iii: That ~ toffy of this :resolution, certified
-,y e~.:~:, C~erk to be ~ true ard correct copy, shall ba .forthwith
:u]w,:~f.~-.~ to *he ~,~sshfr, gton ~o1! eridffe Authority for its
~nd ~oo~ ~mDrov~]. b~' suc~ Authority shall become e contract, of
~:r:m]ovment in accordance with ~'
..... . .... ~e eerms and conditions herein
~;et. out u'oo;s. _ thc bt:sis that the ~iashington~ Toll n~-~~.o~-mu5:, Authority
:~i!] ~av but solely from the proceeds of the sale of the bonds
bo '~. ~,ssued, %i've costs_, an6 exvenses ~roved::, ~nd certified by
?:he (;:;ty Gou,lci] Jn ;:ccor.~]ance ~it;- the contract, of emplo~ent
;.:nfl unon the ~mderstandin? that the Authority is actin~ solely
~.~ , tr~e (,.Ltv Oour].o~] es to reasonableness and
e c e ssity.
,~ .... by the O~ty u,m,~lcm] of the City of [~remerton,
~i~-'re~ m,~ the favor t:md attested by the City C_erK in authentica-
tion of ~:',uch ~assa~:e this lOth day of June, 1953.
= ~.~eso],u ,~Lon are a c~no~,].edged and approved.
Thc ,...arms of t-~s ~ ~' ~ '
. . ,~, CO;,P/,~,.;t, ;~AbH]'~fGTON TOLL BRiDG]; AUT~ORiTY
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