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HomeMy WebLinkAboutRes 0034 - Legal Services for Proposed Bond Issuance for Waterworks SystemRESOLUTION NO 34 RESOLUTION EMPLOYING THE LAW FIRM OF SHORTS & DENNEY IN CONNECTION WITH THE PROPOSED ISSUANCE BY THE TOWN OF TUKWILA OF $28,000 BONDS FOR THE PURPOSE OF ACQUIRING A WATERWORKS SYSTEM. 1. That the law firm of Shorts Denney, Alaska building Seattle, Washington, be and said firm is hereby employed by said town to prepare the necessary papers incident to the calling and holding of an election in said town to submit to the Qualified voters thereof for ratification or rejection the proposition of said towii acquiring a municipal water works system, and the issuance by said town of 14, 000 general bonds and water revanue bon to pay the cost of same, and, further, in the event said proposition, so submitted,• is carried, to prepare the necessary papers incident to the issuance of such bonds and to issue a written opinion respecting the legality of same. 2. For such services said town agrees to pay said firm ras follows: 1:>250.00 immediately following such election, icresnective of the result of such election, and x950.00 to be paid at the time any bonds so authorized are sold.