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RES1164 - •,� ' u' . « y ,. �r .- - + � �� 'h 9-11-62 3 � ° V I RT. i RESOLUTION NO. �,�,�� ,�7 A RESOZ.UTION of the City of Renton, Washington, retaining counsel for certain services in connection with the authorization, 3.ssuance and sale of $475,000 of general obligation bonds of the city. WHEREAS, the City of Renton, Washington, is contemplating the issuance and sale of its unlimited tax levy generaZ obl.igation I bonds in the principal sum of $475,000 for the purpose of construct- , ing and equipp�.ng a new library bua.lding in the central area o� the city; anc3 WHEREAS, the Constituta.on and laws of the State of Washington require that the question of whether or not such bonds may be issued and so3.d for such purposes must be submitted to the qualified electors of the city for their ratification or rejection; and W'HEREAS, it is deemed necessary and to the best interest of the city that bond counsel skillea in such mat�ers be retained to draw the ordinances, notices and other documents necessary for the authorization, issuance and sale of said -bonc3s and to give their opinion as to the va].idity thereof at the time of thei.r sale; NOW, THEREFORE, BE TT RES�LVED by the City Counsel of the City of Renton, Washington, as follows; That Preston, Thorgrimson, Horowitz, 5tara.n & E11is, attor- neys at 1aw of Seattle, Washington, be and they are hereby retained to perform the services above set forth, and as compensation therefor the city agrees ta pay °them the sum of $900.00 and �.n addition thereto further agrees to reimburse said attorneys for any out-oE-pocket e�enses which they may incur in the performance of said services . � In the event the election on such bond proposition fails to carry, sai.d attorneys will not make any charge for their services rendered to the date ot such election. : � . � � ...,� , • . _ » .. . . , ,. .. . -- �-s • J ! . �y The city hereby agrees to furnish said attorneys at their office in Seattle, Washington, with a complete certified transcript of all proceedings taken in the matter of the authorization, issuance and sale of said borids . PASSED by the Council of the City of Renton, Washington, and approved by its Mayor at a regular meeting of said Council helcl this 17th day of September, 1962 . CITY O�RENTON, jnTA5H�NGTON C i/% " % 7 ',.�% By ����.,� �i'.- r, �,. Mayo ATTEST: ��1Z/���si/ �L.��i�.,,,,. � City Clerk` " , ,. A�ROVED AS T FORM: ,li J��,�-�/� /� ,.�-Q. / " �-/ � l.� �� � CyERARD M. SHELI,i�T .�ity Attorney , I�' 2 .