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RESOLUTION NO .is-?
A RESOLUTION of the Council of the City of
Moses Lake,Washington,retaining counsel
for certain services in connection with the
issuance and sale of an issue of general
obligation bonds of the city.
WHEREAS,the City of Moses Lake is contemplating the
rebuilding,widening and raising of the Alder Street causeway
across Parker Horn with all necessary facilities,and the con
struction of connections to existing roads at each end thereof;
and
WHEREAS,in order to provide funds to pay the cost of
such causeway,facilities and connections,it has been determined
that the city should issue and sell its unlimited tax levy general
obligation bonds in the principal sum of $230,000;and
WHEREAS,the Constitution and Laws of the State of
Washington require that the question of whether or not said bonds
may be issued for such purposes must be submitted to the qualified
electors of the city for their ratification or rejection;and
WHEREAS, it is deemed necessary and advisable that
municipal bond counsel skilled in such matters be retained to
draw the ordinances, resolutions, notices and other documents
necessary for said election and the issuance and sale of said
bonds,and to give their opinion as to the validity of said bonds
at the time of their sale;
NOW,THEREFORE,BE IT RESOLVED by the Council of the
City of Moses Lake,Washington,as follows:
That Preston,Thorgrimson &Horowitz,attorneys at law
of Seattle,Washington,be and they hereby are retained to perform
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the services above set forth,and as compensation therefor the
city agrees to pay them the sum of Six Hundred Dollars ($600)
and further agrees to reimburse said counsel for all out-of-pocket
expenses,such as long distance telephone calls,which they may
incur in the performance of said services.In the event said
election fails to carry, the city agrees to pay said counsel the
sum of One Hundred Fifty Dollars ($150).
In addition to the above,the city agrees to furnish
said counsel at their office in Seattle,Washington,with a complete
certified transcript of all proceedings taken in the matter of the
issuance of said bonds.
PASSED by the Council of the City of Moses Lake,Washington,
and approved by its Mayor at a regular meeting of said Council held
this 9th day of July,1957.
CITY OP MOSES LAKE,WASHINGTON
By /%^^^^i^/(fct^*^
City Clerk
-2-
Mayor
ATTEST: