Res 1982-012 - Laserfiche WebLink

Home Browse Search

86 RESOLUTION NO. 1982-12R A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, APPROVING THE TERMS AND CONDITIONS OF A FINANCIAL ADVISORY CON- TRACT BETWEEN SAID CITY AND FIRST SOUTHWEST COMPANY FOR PROVISION OF PROFESSIONAL SER- VICES AND FACILITIES AS FINANCIAL ADVISOR IN CONNECTION WITH THE ISSUANCE BY CITY OF CER- TAIN CERTIFICATES OF OBLIGATION; AUTHORIZING THE MAYOR OF SAID CITY TO EXECUTE SAID CON- TRACT AND DECLARING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of San Marcos, Texas, desires to issue Certificates of Obligation for the construction of a fire station within said City and for the purchase of property for sewage treatment plant improvements; and, WHEREAS, said City Council desires to engage the services of First Southwest Company as financial advisor in connection with said issuance; and, WHEREAS, First Southwest Company is willing to provide said services pursuant to the terms of the attached Financial Advisory Contract; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS: PART 1. That the Financial Advisory Contract between First Southwest Company and the City of San Marcos, Texas, for the provision of professional services and facilities as financial advisor in connection with the issuance of certain certificates of obligation by said City, a copy of which con- tract is attached hereto and incorporated herein for all in- tents and purposes, be, and the same is hereby, approved in all respects. PART 2. That the Mayor of the City of San Marcos, Texas, Emmie Craddock, is hereby authorized to execute said contract on behalf of the City. PART 3. That this Resolution shall be in full force and effect from and after its passage. ADOPTED this 8th day of March , 1982. Mayor Attest: Janis K. Womack City Secretary