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RESOLUTION NO. �U�GI
,
A RESOLUTZOI3 of the City of Renton, Washington,
I retaining counsel for certain services in con-
nection with the issuance and sale of $450,000
of general obligation bonds of the city.
WHEREAS, the City of Renton, Washington, is contemplating the
issuance and sale of its unlimited tax levy general obligation bonds in
the principal sum of $450,000 for the purpose of constructing and equip-
ping a new library building on Iand owned by the city; and
WHEIZEAS, the�Constitution and laws of the State of Washington
require that the question of whether or not such bonds may be issued and
soZd for such purposes must be submitted to the qualified electors of
the district for their ratification or rejection; and
WHEitEAs, it is deemed necessary and to the best interests of
the distr�ct that bond counsel skilled in such matters bP xetained to
draw the resolutions, notices, and other documents necessary for the
authorization, issuance and sale of said bonds, and to give their apinion
as to the validity thereof at the time of their sale;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
of Renton, Washington, as follows:
That Preston, Thorgrimson & Horowitz, atto�neys 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 of Eight Hundred Fifty Dollars ($850} , and in ad-
� dition thereto, further agrees to reimburse said attorneys for any
�� out-of-pocket expenses which they may incur in the performance of said
� services. '
, In consideration of the city's paying said counsel the sum
of Two Hundred Do].lars ($200) for legal services previously rendered the
� city as provided in ResoZution No. I028 of the City Cauncil, passed and
�
E approved January 5, 1960, bond counsel hereby agree that they wi3�1 not
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make any charges for services rendered the city in the matter of the
authorization of the above-mentioned bonds in the event the proposi�ion
therefor fails to carry.
In addition to the above, the city also agrees to furnish said
counsel at their office in Seattle, Washington, with a complete, certi-
fied transcript of all proceedings taken in the matter of the issuance
o� said $450,000 of bonds.
PASSED by the Council of the City of Renton, Washington, and
approved by its Mayor at a regular meeting of said Council held this
13th day of September, 1960.
CITY OF_�DT'PON� WASFi TON
By _��( ����..� M I�.�._L._.�--'
"" ' � Mayor
ATTES :
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�;% City C erk
AP '�7ED AS TO O
��� i�,� ��._..__
GERARD`'�M."Sf�L�LAN •
City Attorney
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