HomeMy WebLinkAbout1984-557
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RESOLUTION NO. 84 557
RESOLUTION OF THE CITY OF SAN BERNARDINO AUTHORIZING THE
MAYOR TO ENTER INTO AN AGREEMENT WITH TIMOTHY J. SABO TO SERVE AS
REVIEW BOND COUNSEL AND SPECIAL COUNSEL IN CONNECTION WITH THE
ISSUANCE BY EITHER A COMMUNITY FACILITIES DISTRICT OR THE CITY OF
SAN BERNARDINO OF CERTIFICATES OF PARTICIPATION, NOTES, BONDS OR
OTHER EVIDENCES OF INDEBTEDNESS PURSUANT TO THE LAWS OF THE STATE
OF CALIFORNIA FOR THE FINANCING OF THE PROPOSED CABLE LAKE
COMMUNITY FACILITIES DISTRICT WITHIN THE CITY AND FOR SPECIAL
COUNSEL AND REVIEW BOND COUNSEL FOR THE CITY.
WHEREAS, the Mayor and Common Council of the City of San
Bernardino desire to engage the services of Review Bond Counsel
and Special Counsel for the proposed Cable Lake Community
Facilities District; and
WHEREAS, Timothy J. Sabo has submitted a proposal to perform
the required services per fee schedule as stated in the proposal.
NOW, THEREFORE, BE IT RESOLVED DETERMINED AND ORDERED BY THE
MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS
SECTION 1. The Mayor is hereby authorized and directed to
accept and execute the Contract Letter Proposal dated December 5,
1984, submitted by Timothy J. Sabo attached hereto as Exhibit "An
with Timothy J. Sabo as Review Bond Counsel and Special Counsel i
connection with the issuance by either a community facilities
district or the City of San Bernardino of certificates of
participation, notes, bonds or other evidences of indebtedness
pursuant to the laws of the State of California for the financing
of the proposed Cable Lake Community Facilities District within
the City and for Special Counsel and Review Bond Counsel for the
City.
SECTION 2. The fee schedule is as stated in the Contract
Letter proposal and shall be contained as part of the Bond
issuance costs.
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I HEREBY CERTIFY that the foregoing resolution was duly
adopted by the Mayor and Common Council of the City of San
Bernardino at a <ldjoll"inf'9-relllll<lrmeeting thereof, held on the
l'lt-h
day of
l)p("!pmhpr
, 1984, by the following vote, to
wit:
AYES:
Council Members
Rpilly Hprn~nnp7. M~rk~
OniAlr F'rn7.;pr Strirklpr
NAYS:
NnnA
ABSENT:
COllncil MAmhAr Cn~tnnp.nn
~;;#t1(~M.
/' CITY CLERK
of
The foregoing resolution is
o?ft'- day
December
, 1984.
Approved as to form:
~:!~
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