1513RESOLUTION NO.1513
A RESOLUTION of the City Council of the City
of Moses Lake,Washington,retaining special
counsel for certain services in connection
with the authorization,issuance and sale of
various purpose bond, loan and grant antici
pation notes and bonds, and approving an
employment contract.
WHEREAS,by Ordinances No.1393,No.1394,No.1395,No.1396
and No. 1397, the City Council of the City of Moses Lake,
Washington,(the "City")has authorized the issuance of $1,320,000
aggregate principal amount of various purpose bond,loan and grant
anticipation notes and the subsequent issuance of various purpose
bonds to pay and redeem such notes and to pay additional costs of
the improvements to be financed by such notes;and
WHEREAS,the law firm of Lane Powell Moss &Miller specializes
in providing legal advice with respect to governmental financing
of these types,and the legal opinions of that firm are nationally
recognized by investors in municipal securities;and
WHEREAS, it is in the best interest of the City that counsel
experienced in such matters be retained to provide special counsel
services;
NOW,THEREFORE,BE IT RESOLVED by the City Council of the City
of Moses Lake,Washington,as follows:
Section 1.Retention of Bond Counsel.The law firm of Lane,
Powell,Moss & Miller is hereby retained by the City to provide
bond counsel services to the City in accordance with an Employment
Contract in the form attached hereto as Exhibit A and by this
reference incorporated in this resolution.
Section 2.Execution of Agreement.The City Manager is
hereby authorized to execute such Employment Contract.
PASSED by the City Council of the City of Moses Lake,
Washington,at a regular meeting thereof and APPROVED by its Mayor
this 12th day of December r 1989.
CITY OF MOSES LAKE,WASHINGTON
ATTEST:
NOTE:ORIGINAL OF EMPLOYMENT CONTRACT (EXHIBIT A)IS ON FILE IN THE CONTRACT
FILE IN THE VAULT.