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RES0648RESOLUTION NO. 648 A RESOLUTION of the Council of the City of Renton, Washington, employ ng counsel for services in tonne tion with a proposed issue of water revenue bond s WHEREAS, the City of Renton, Washington, desires to pur- chase the existing water distribution system of the Northwest Water Co. and all the real and personal property used by said company in connection with the operation of said system; and WHEREAS, the council of said city have deemed it advisable to issue water reVenue bonds of said city in the sum of $100,,000 to pay part of the cost of the acquisition of said system; and WHEREAS, it is to the best interest of the city that attorneys skilled in the preparation of the necessary proceedings for the issuance and sale of said bonds be employed to prepare such proceedings and to give their opinion as to the validity of said bonds at the time of their sale, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Renton, Washington, as follows: 1. That Preston, Thorgrimson, Horowitz & Turner, attorneys, of Seattle; Washington, be and they are hereby employed to perform the services above set forth, and the City of Renton hereby agrees to pay them as compensation therefor the sum of $300, and in ad- dition to pay all cash expenditures made by said attorneys for the purpose of performing said services. The City further agrees to furnish to said attorneys at its ' own expense a transcript of all proceedings taken in the matter of the issuance of said bonds. PASSED by,the City Council of the City of Renton, and approved by its Mayor this I=day of March, 1946. Mayor ATTEST: i ty C erk