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HomeMy WebLinkAboutCC RESO 2001 - 173RESOLUTION NO. 2001 -173 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY AUTHORIZING THE MAYOR TO EXECUTE AN AGREEMENT WITH STONE & YOUNGBERG TO PROVIDE FINANCIAL ADVISORY SERVICES IN THE ISSUANCE OF A 2002 GENERAL OBLIGATION LIBRARY BOND WHEREAS, the City intends to propose a general obligation bond to its voters for construction of a new National City Library; and WHEREAS, whereas the City desires to employ a financial advisory firm to provide financial advisory services to the City in the development of a general obligation bond financing program for the National City Library; and WHEREAS, Stone & Youngberg is qualified by experience and ability to perform the services desired by the City, and is willing to perform such services. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of National City that the Mayor is hereby authorized to execute an Agreement with Stone & Youngberg for financial advisory services in the issuance of a 2002 General Obligation Library Bond. Said Agreement is on file in the office of the City Clerk. PASSED and ADOPTED this 6h day of November, 2001. /. George H. ater Mayor s, Mayor ATTEST: Michael Dalla, Ci Clerk APPROVED AS TO FORM: George H. Eiser, III City Attorney