HomeMy WebLinkAboutRESOLUTION 1962-53,_ _~
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41IfEt.EA5, t?ie City of I;euai, Alaska is _n t•.rdent :,eed o' grater
rains and t~ate-r d~st-ri~ai:ion worlca; sad
41I~~'.EAS, financl.ng for st~cl: =aci_lities t•~ill require an iil~tial
i;ond issue estir.:ated at $150, CJO. QQ, and
tJi-~i:EAS, the special=_zed services of '~ond counsel are required
in order to prepare and issue ;eneral o~libatio:~ :>ands os the City
of Kenai, Alaska for suc~2 facilities;.
T:rE'..IFQ~.E, the City of Yenai, Alaska resolves:
1. That cr_:ploy!.:.ent of sand counsel to :;upE:rvise all p-rr~ceed_ngs
regtafred for the of~.ering of general oLligation ~;onds of tre .ity of
Renal, Alaska is in the pudic intere3t and welfare.
2. That the law firn~ of Preston, Tho-rgrit. sen, Iiorocritz, Starin
and >;llis is a firr.~ of attorneys widely experienced in such :-:otters
and availaole to provide the required ':ond co~sel services to tl~e
City of Kenai, Alaska.
3. The City of I:ena~, Alaska l;y t~1J_s -resolution forr:.ally indicates
its ert:ployr.:ent of said law firm. to act as "pond counsel for the Uond
offering required to finance construction, installation, and all other
work and equip~r;ent of Prater rains and c•~ater diatri~.•ution 4~orlcs.
4. That the Tlayor of the City ~` Y.enai, Alaska '~e authorized
to execute stick contracts with such sa_d lat~r firr~. as : ay ~e -required.
~ Passed f~ day of Dece~,:~er, 1962..
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i~E:i G. D` G, l:ayor
Attest : ~~
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~; city clerk