HomeMy WebLinkAboutR80-316O0
RESOLUTION NO. R80-316
A RESOLUTION OF THE CITY COUNCIL OF THE. CITY OF PLAINVIEW,
TEXAS AUTHORIZING THE MAYOR TO ENTER INT0 AN AGREEMENT WITH
THE FiIRST SOUTHWEST COMPANY FOR PROFESSIONAL SERVICES IN THE
CAPACITY OF FINANCIAL ADVISOR FOR THE CITY OF PLAINVIEW.
WHEREAS, the City Council is planning to issue securities
in the form of Water and Sewer Jr. Lien Revenue Bonds in the amount
of $300,000 for improvements to the Water and Sewer System in the
City of Plainview;-and
WHEREAS, First Southwest Company has submitted a proposal
offering professional services to the City of Plainview for professional
consultation, liason with the bond attorneys of Dumas; Hugenin, Boothman
& Morrow of Dallas, Texas and printing of said securities, and attending
to the delivery of the bonds to the Attorney General's office for
approval and to the Controller of Public Accounts for registration.
NOW, THEREFORE BE IT RESOLVED by the Mayor and the City Council
of the City of Plainview, Texas to authorized the Mayor to execute
Financial Advisory Agreement between the City of Plainview and the Firsz
Southwest Company with the fee b~ing that of $6,000 for services prescribed
in said agreement.
PASSED AND APPROVED this the 14th:~.day of October, 1980.
ATTEST: