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August 3 6,
<br /> WHEREAS,.e Consitiution ana laws of the State of Washington provide that.6 quest.
<br /> , of whether or not..a,n..a.may be issued for such eure... ...t.s...,.t..,
<br /> qualified electors of.e City for I.e.retif.atien or re.leetie,and
<br /> Se
<br /> time of the general school and sewer district election on November 2,.1965,and.
<br /> ,. WHEREAS,it is furhter deemed necessary and ediritable that nationally recognized bond
<br /> •
<br /> and to g .err opinion as to rhe validitythereof a<rhe time of their sale.
<br /> ,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EVEREST,WASH/NCTOH,
<br /> as follows
<br /> iThat Preston,Shorgrimson,Horowitz, E sen.tarin 6 Ellis,attorneys at law of set for.,
<br /> 1 than one sale the City gree, 000
<br /> I S par value of such bonds pay id counsel the additionant such l sum f g=.00=°st mon
<br /> for
<br /> • each additional sale.
<br /> ,_ .addition to the above,the City agrees to reimburse said counsel for any out-of-
<br /> I pocket expenses...long distance telephone tolle which the,..7 incur.the
<br /> 1 performance of such services,and also agrees to cou
<br /> a;" nePTP stakes
<br /> infice
<br /> rheum_ the issuanceid bond*certified
<br /> the sum rend
<br /> evsucent
<br /> et e P es whichr all , avervices been incurred
<br /> 1 byred to the
<br /> s id counsel to each election date.
<br /> rPASSED UNANIMOUSLYe City Council of the Civ of Everett,u shingenn.
<br /> 1 RESOLUTION Moved by Simpson,seconds by Erekow to adOpteen=nr1en No.6357 as=o==w,.
<br /> 1 A RESOLUTION OF THE Council of the City of Everett,Washington,retaining counsel for
<br /> 1 certainsuance and sale of water
<br /> revenue bond.servio 3 ,um ot`$10,°,
<br /> WHEREAS.by Ordinance No.Lg.,as amended by Ordinance No.4080,the CitY,fo.Ever.,
<br /> i has adopted a plan for t e acquisition,construction and installation of der..
<br /> additions an 1 improvements. ee$0,000,000..,and Ime provided for the issuance and
<br /> . sale of a libe principal amount orwater revenue bonds of the cith to provide funds
<br /> : WHEREAS,it is"deemed necessary and adivisable that nationally recognised bond counsel
<br /> I d to
<br /> follows:give the.opinion as to.e validity thereof at the time of their sale;
<br /> E =T 33°L 0 ET i e° r �n•iI nI rhe h°s
<br /> retSdned to perform the
<br /> r.ces above set for.
<br /> i amount of bonds will be0. and,based on the 10,000,000.principal
<br /> assumption 701 I Washington,be and they are thper e,city agree bonds fise comppnsati.fanally I Duch services the sum r value of such1 it being understood that such e;ean
<br />� nal sale.
<br /> which shall include the necessary ordinance end s00$500
<br />
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