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Home My WebLink About1986-083 1 2 3 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 IIII , RESOLUTION NO. 86 83 RESOLUTION OF THE CITY OF SAN BERNARDINO AUTHORIZING THE EXECUTION OF AN AGREEMENT WITH BEST, BEST AND KRIEGER REGARDING LEGAL SERVICES IN CONNECTION WITH THE ISSUANCE OF CERTIFICATES OF PARTICIPATION BY SAID CITY FOR A PROPOSED FIRE STATION AND A CITY TELEPHONE AND COMPUTER SYSTEM. BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS: SECTION 1. The Mayor of the City of San Bernardino is hereby authorized and directed to execute on behalf of said City a Proposal of Best, Best and Krieger regarding legal services in connection with the issuance of certificates of participation by said City for a proposed fire station, a City telephone system and a City computer aided dispatching system, a copy of which is attached hereto as Exhibit RAR and expanded upon in Exhibit RaR, both of which are incorporated herein by reference as though fully set forth at length. I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor and Common Council of the City of San Bernardino at a reglllnT meeting thereof, held on the , 1986, by the following vote, to 17t-h day of Mnr~h wit: AYES: Council Members F.st-rnd? Hp.rnnnnp.7. Mnrks. FrR?iAr, Srrir.klAr NAYS: NonR ABSENT: Cm,nr. i) Members Re iJ Iv. Quiel ~ff~/~ ./ City Clerk I I I I 1 2 3 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 of The foregoing resolution is hereby approved this I ttfA..- day March , 1986. J 4-Z</f~ M Y r of tlie City of San ernardino Approved as to form: y~#I2;~e/ City Attorney 2 LAW OFFICES OF ARTHUR L. L1TTLEWORTH:II GLEN E. STEPHENS'" WILUAM R. DEWOLFE:II BARTON C. G"'UT :II CH"'Rl.~ D. FIEl.D:II PAUl. T. SELZER:II O"'LLAS HOLMES'" CHRISTOPHER C...RPENTER:II RICH"'RD T. "'NDERSON:II .JOHN D. W...HLlN:II MICHAEL D H"'RRIS:II W. CURT EALY * THOM"'S S. SI.OV...K * .JOHN E. BROWN" RON"'LD .J. KOHUT MICH"'El T. RIDDEll" MEREDITH .... .JURY * MICH"'EL GRANT FRANCIS .J. 8AUM ANNE T. THOM"'S *' O. MARTIN NETHERY '* GEORGE M. REYES WILLIAM W. FLOYD, JR. MICHAEL A. CRISTE GREGORY L. HARDKE R,CHARD CROSS IRWIN L. GOLDS ANTONIA G. WEINER HARLEY L. B.JELLAND O...VID L. BARON VIRGINIA A. ETTINGER VICTOR L WOLF . DANIEl.. E. OLIVIER ARIEL PIERRE CAlONNE DANIEL .J. MSHUGH CARL ,. HERBOLD. .JR. STEPHANIE I(. HARLAN "'ARC E. EMPEY .JOHN R. ROTtSCHAEFER VIRGINIA A. .JOHNSON LETITlA E. PEPPER "'ARTIN A. MUEL.LER .J. MICHAEL SUMMEROUR HOWARD e. GOLDS KENDALL. H. "'...c.VEY MICHAEL P. DURKEE CLARK H. ALSOP EUGENE TANAKA MARGARET r: TANAKA BASIL T. CHAPMAN JEFFERY J. CRANDALL SCOTT C. SMITH LANCE A. ADAIR JACK 8. CLARKE ROGER A. GRAD .JEANETTE A. PETERSON CHRISTINE M. NORTH TEAl L. VDLLNOGLE BEST, BEST & KRIEGER 4200 ORANGE STREET P. O. BOX 1028 RIVERSIDE, CALIFORNIA 92502 TELEPHONE (714) 686-1450 PALM SPRINGS OFl'"ICE 600 EAST TAHOUITZ.M~CAf,..LUM WAY P. O. BOX 2710 PALM SPRINGS,CAllFORNIA 9226.... (_)325.7284 TELEX 752735 ,. _IITNEIlSHIP 1101:1....01100 PIlO'U:lIOHAL C:OAPOftATlO,"S February 20, 1986 RANCHO MIRAGE OP',.ICE 3S.700 BOB HOPE DRIVE. SUITE 312 ... O. BOX 5058 RANCHO MIRAGE,CALIFORNIA 82270 (4118) 340-2445 GORDON COLOGNC.O" COUNSEL JAMES ..COAlSON.O" COUNSEL "'CHAItO A.o.HIN..O" COUNSEL- ItAYMOND aEST (1..8-18157) ..tAMU N. ."'EOER (1.13+1875) lEUGDfC .UT (1..3.'..') *A PROt"ESSIONAL CORPORATION "AD"IITTI:O ...: NEVADA. NEW yOftK WASHINGTON, D. C. COURT 0" CLAIMS Ralph H. Prince, City Attorney City of San Bernardino 300 North "D" Street San Bernardino, CA 92418 Re: Proposal Regarding Legal Services In Connection with the Issuance of Certificates of Participation by the City of San Bernardino Dear Ralph: Thank you very much for inviting Best, Best & Krieger to submit a proposal for legal services which may be required by the City of San Bernardino in connection with the referenced project. This letter will serve as a proposal on the part of Best, Best & . Krieger to serve as special counsel in connection with the authorization, issuance and sale of Cerificates of Participation (the "Certificates") pursuant to an installment sale financing arrangement by the City of San Bernardino ("City") to finance the acquisition, construction, and installation of a fire station, related fire fighting equipment, communication systems, a City telephone system, and related facilities. We propose to perform the following services on the basis hereinafter set forth: We will consult with and advise City officials and the City's underwriter and financial consultant as to the best legal methods of accomplishing the objectives of the City in connection with the financing and the proceedings for the issuance, sale and delivery of the Certificates. EXHIBIT ,. LAW OFFICES OF BEST, BEST & KRIEGER Ralph H. Prince, City Attorney February 20, 1986 Page Two We will prepare and draft all agreements, resolutions, notices, certificate forms and all other legal documents required by California law for the issuance, sale and delivery of the Certificates. We will provide such assistance to the City and the City's underwriter for the issue, as may be required in preparing and reviewing any official statement to be used in connection with the offer and sale of the Certificates. We will also examine all proceedings for the issuance and sale of the Certificates, step by step as taken, and when the Certificates are sold, will issue our opinion or opinions upon the validity of the Certificates and on the exemption of the interest on the Certificates from state and federal income taxation to the original purchaser of the Certificates. We will also attend all hearings and all meetings in connection with the proceedings where attendance is requested. We would also expect to review and approve and where necessary, assist in completing related proceedings undertaken by the City pursuant to Chapter 12.90 of the City's Municpal Code to levy and collect benefit assessments as an additional source of funds to repay the Certificates. For the services to be rendered pursuant to this proposal, including the preparation and supervision of proceedings, examination of each step as taken, and the issuance of our unqualified legal opinion or opinions attesting to the validity of the proceedings and the issuance of the Certificates, the City will pay to us a base fee, exclusive of out-of-pocket costs and expenses, which is the greater of $18,500 or an amount calculated on the basis of the percentages and amounts set forth: .005 percent of the first $6 million of the amount of the Certificates issues, plus .0015 percent of the next $9 million thereof, plus .0010 percent of the amount thereof, if any, over $15 million. LAW OFFICES OF BEST. BEST & KRIEGER Ralph H. Prince, City Attorney February 20, 1986 Page Three Our fee as special counsel will be payable upon issuance of the Certificates, pursuant to a requisition of the City presented to the Trustee. In the event we are requested to perform additional work outside of our services are special counsel, we will be paid additional compensation therefor at the hourly rates of the attorneys performing such services; provided, however, there shall be no such additional compensation due us without the prior approval by the City of the performance of such services. In addition to the foregoing, we shall be reimbursed by the City for any out-of-pocket expenses incurred by us in the course of our employment, such as printing costs, long distance telephone calls, reproduction of documents, travel at the request of the City, and similar items. Such out-of-pocket expenses would not exceed $1,000 without the prior written approval of the City. If this arrangement is satisfactory to you, please authorize our employment according to the terms of this letter and return to us a copy of this letter executed by an authorized officer of the City. We are looking forward to doing this work for you, and we will use our best efforts to obtain results beneficial to the City. Res submitted, ---2~. B;O~ Best, Best ~nK~ie~r JEB : jwr TERMS OF EMPLOYMENT ~PPROVED THIS /It'iDAY OF L(rJ2IlUd ' 1986 LAW OFFICES OF ARTHUR L.. lITTLEWORTH ... GL.EN E. STEPHENS'" WILUAP4 R. DeWOLFE ... BARTON C. GAUT ... CHARLES 0. FIELD,.. PAUL T. SEUER'" DALLAS HOLMES'" CHRISTOPHER CARPENTER'" RICHARO T. ANDERSON,.. JOHN D. WAHLIN... MICHAEL 0 HARRIS.. W. CURT EALY" THOMAS S. SLOVAK... .JOHN E. BROWN" RONAL.D .J. KOHUT MICHAEL T. RIDDEll.. " MEREDITH A. .JURY" MICHAEL. GRANT FRANCIS .J. ElAUM ANNE T. THOMAS" O. MARTIN NETHERY" GEORGE M. REVES WILLIAM W. FLOYD, .JR. MICHAEL A. CRISTE GREGORY L. HARDKE RICHARD CROSS IRWtN L. GOLDS ANTONIA G. WEINER HARLEY L. 8JEL~ND DAYID L. BARON YIRGINIA A. ETT'NG~R YICTOR l. WOLF DANIEL E.OllYIER ARIEl PIERRE CAlONNE OANIEL .J. M'iHUGH CARL F. HERBOLD. .JR. STEPHANIE K. HARLAN MARC E. EMPEY .JOHN R. ROTTSCMAEFER VIRGINIA A. .JOHNSON LETITIA E. PEPPER MARTIN A. MUELLER .J. MICHAEL SUMMEROUR HOWARD B. GOLDS KENDALL H. MAcYEY MICHAEL P. DURKEE CLARK H. ALSOP EUGENE TANAKA "'AROARET F. TANAKA BASIL T. CHAPMAN .JEFFERY .J. CRANDALL SCOTT C. SMITH LANCE A. ADAIR .JACK B. CLARKE ROGER A. GRAD .JEANETTE A. PETERSON CHRISTINE Ill. NORTH TERI l.,. VOLLNOGLE BEST. BEST & KRIEGER 4200 ORANGE STREET P. Q. BOX 1028 RIVERSIDE, CALIFORNIA 92502 TELEPHONE (714) 666-1450 PALM SPRINGS OFFICE 600 EAST TAHQUITZ-M.CAl.LUM WAY P. O. BOX 2710 PALM SPRINGS, CALIFORNIA 92264 (6Ist)32S-:7Z64 TELEX 752735 A ~ARTNE"Stll" 'HCLUO'tlG .."orESSIOHAL CO"POAATlOHS March 4, 1986 RANCHO MIRAGE O""IC:E 39700 BOB HOPE DRIVE. SUITE 312 P. O. SOX 505& RANCHO MIRAGE, CALIFORNIA 922:70 (619) 340-Z445 GORDON COLOGNE. OF COUNSEl. .JAMES ..COJIIISON.OF COUNSEl. RICHARD ....05...1...5.01" COUNSEL" AAYMOND .E51' (I...-IM?) .JAMES .... KJIIlIEGER (1913-lans) EUGENE aUT (1883-1..') ..A PROFESSION...L CORPOR...TION ..ADMITTED I": NEVAD.... NEW YORK W...SHINGTON. 0. C.COURT 01" CL.AIMS william Sabourin, Deputy City Attorney City of San Bernardino 300 NOrth "D" Street San Bernardino, CA 92418 Re: Proposal Dated February 20, 1986, Regarding Legal Services in Connection with the Issuance Issuance of Certificates of Participation by the City of San Bernardino Dear Bill: In connection with our telephone conversation yesterday, this letter is intended to confirm that the compensation to Best, Best & Krieger under the terms and conditions of the referenced proposal dated February 20, 1986, shall be payable only upon successful issuance and sale of Certificates of Participation for the City of San Bernardino. In the event the proposed proceedings were abandoned or discontinued for any reason whatsoever, there would be no compensation due us. . ohn E. Brown 0 Best, Best & Krieger JEB: jwr cc: Ralph H. Price, City Attorney HAND DELIVERED EXHIBIT B