HomeMy WebLinkAboutReso 077-87 COP RefundingRESOLUTION NO. 77- 87
A RESOLUTION OF THE'CITY COUNCIL
OF THE CITY OF DUBLIN
ENGAGING SPECIAL LEGAL COUNSEL AND UNDERWRITER
IN CONNECTION WITH REFUNDING
CERTIFICATE OF PARTICIPATION PROCEEDINGS
WHEREAS, the City has heretofore issued its Certificates of
Participation (Public Facilities Project No. 1) dated as of December 1,
1985, in the aggregate principal amount of $11,968,000 (the "1985
Certificates") to finance various public improvements for the City; and
WHEREAS, the City wishes to institute proceedings at this time for
the refunding of the 1985 Certificates through the issuance of Refunding
Certificates of Participation (the "Refunding Certificates") and in
connection with such refinancing proceedings the City requires the advice
and assistance of special legal counsel and an investment banking firm.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Dublin as follows:
1. That certain agreement by and between the City and Jones Hall
Hill & White, a Professional Law Corporation, for special legal counsel
services in connection with the issuance of the Refunding Certificates, a
copy of which is on file with the City Clerk, is hereby approved. The
appropriate officers of the City are hereby authorized and directed in the
name and on behalf of the City to execute said agreement.
2. That certain agreement by and between the City and Rauscher
Pierce Refsnes, Inc., for investment banking services in connection with
the issuance of the Refunding Certificates, a copy of which is on file with
the City Clerk, is hereby approved. The appropriate officers of the City
are hereby authorized and directed in the name and on behalf of the City to
execute said agreement.
3. This resolution shall take effect immediately.
PASSED, APPROVED AND ADOPTED this 14th day of September, 1987, by the
following vote:
AYES:
Councilmembers Hegarty, Moffatt, Snyder, Vonheeder and
Mayor Jeffery
NOES: None
ABSENT: None