HomeMy WebLinkAbout1664-A - Bond Election Agremeent77i
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LAW OFFIC 6 OF' ..
ROLAND THOMPSOW
210 SPURGEON 6U.LOING
SANTA ANA. CALIFORNIA
t� ._ .
RESOLUTION NO. 1N
WHEREAS, there has this day been presented to the City
Council of the city of Newport B each a certain agreement by and
between the city of Newport Beach as the party of the first part
and O'Melveny & Myers, a co— partnership, as the party of the
second part, which agreement is dated October 30th, 1939; and
WHEREAS, said agreement provides that the first party
retains the second party for the purpose of having the party of
the second- part check, assist and advise in relation to all
proceedings of the party of the first part regarding a certain
bond election to be called by the party of the first part, and to
have the party of the second part render an opinion concerning the
validity of said bonds after the same shall have been issued; and
WHEREAS, the City Council of the city of Newport Beach
deems that it is for the best interests of said city that said
second party be retained by the first party for the purposes above
set forth, and that the compensation to be paid the party of the
second part for said services is in all respects fair, just and
adequate.
NOW, THEREFORE, BE IT RESOLVED: That the Mayor and City
Clerk be authorized, directed and instructed to execute said
agreement in the name of and on behalf of the city of Newport Beach
and that the City ClerWdeliver a duly.executed copy thereof to the
party of thVsecond part.
I hereby certify that the above and foregoing resolution
was duly and regularly passed and adopted by the City Council of
the city of Newport Beach at an adjourned regular meeting thereof
held on the 23t.& day of October, 1939, by the fo]�loWing vote, to —wit
/D�1 —
4,T ity
S, COUNCIP4 —N:
NOES, COUNCILMEN:
ABSENT, COUNCILMEN:
MayorlL Uity of Newport Beac