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HomeMy WebLinkAbout1664-A - Bond Election Agremeent77i 1 2 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 ;M `29 14F111W 30 S24 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