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71 <br /> <br /> RESOLUTION 1991- 18 <br /> <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY <br /> OF SAN MARCOS, TEXAS, APPROVING THE TERMS AND <br /> CONDITIONS OF A FINANCIAL ADVISORY SERVICES <br /> CONTRACT BETWEEN THE CITY AND FIRST SOUTHWEST <br /> COMPANY FOR PROVISION OF PROFESSIONAL SERVICES <br /> AND FACILITIES AS FINANCIAL ADVISOR IN <br /> CONNECTION WITH THE ISSUANCE BY THE CITY OF <br /> BONDS AND CERTIFICATES OF OBLIGATION; <br /> AUTHORIZING THE CITY MANAGER TO EXECUTE THIS <br /> CONTRACT AND DECLARING AN EFFECTIVE DATE. <br /> <br /> WHEREAS, the City Council of the City of San Marcos, Texas, <br />anticipates the possible issuance of bonds and Certificates of <br />Obligation for public improvements within the City; and, <br /> <br /> WHEREAS, the City Council desires to engage the services of <br />First Southwest Company as financial advisor in connection with <br />this potential issuance; and, <br /> <br /> WHEREAS, First Southwest Company is willing to provide these <br />services pursuant to the terms of the attached Financial Advisory <br />Services contract; now, therefore, <br /> <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br /> <br /> PART 1. That the Financial Advisory Services Contract between <br />First Southwest Company and the City of San Marcos, Texas, for the <br />provision of professional services and facilities as financial <br />advisor in connection with the issuance of certain bonds and <br />certificates of obligation by the City, a copy of which is attached <br />hereto and incorporated herein for all intents and purposes, is <br />hereby approved in all respects. <br /> <br /> PART 2. That the City Manager of the City of San Marcos, <br />Texas, Larry D. Gilley, is hereby authorized to execute this <br />contract on behalf of the City. <br /> <br /> PART 3. That this Resolution shall be in full force and <br />effect from and after its passage. <br /> <br /> ADOPTED this 28th day of <br /> January, 1991. ~ . <br /> <br /> Mayor <br /> <br />City Secretary <br /> <br /> <br />