HomeMy WebLinkAboutCC RESO 8621RESOLUTION NO. 8621
RESOLUTION CONFIRMING EMPLOYMENT OF ATTORNEYS TO
ASSIST IN SPECIAL ELECTION
BE IT RESOLVED by the City Council of the City of
National City, California as follows:
That the employment of the law firm of O'Melveny &
Myers is hereby confirmed for the purpose of the rendering of
legal services relating to the Special Election on April 14,
1964, submitting special measures regarding general obligation
bonds to the electors, such employment to be upon the terms
stated in a letter dated March 5, 1964 to the City Council
from the firm of O'Melveny & Myers, a copy which is attached
and incorporated by reference.
PASSED AND ADOPTED this j - day of April, 1964.
ATTEST:
_7-� doGL• .tc e
CITY CLERK
LAW OFFICES OF
OrM ELVENY 6A MYERS
433 SOUTH SPRING STRCCT
LOS ANOELES. CALIIORNIA •0013
TELEPNONE e20-1120
March
1964
Honorable City Council
of the City of National City
National City, California
Gentlemen:
•EVERLY MILLS OFFICE
9401 WILSHIRE SOULEVARO
9EVERLY MILLS,CALI►OIIRIA 90210
•[uI110N[ 273-4111
CASSIA ADORESSMOMS "
OUR FILE NUMUER
B-5509
NATIONAL CITY GENERAL
OBLIGATION BONDS
We have been advised that you desire to employ
this firm to render legal services in connection with' the
authorization and issuance of approximately $1,000,000 bonds
of the city of National City for a civic center. We will
be happy to accept such employment.
Our services will consist of the drafting of all
ordinances, resolutions, notices and other documents re-
quired in the bond proceedings, the general supervision of
the proceedings, the examination of the proceedings step by
step as taken, and the issuance of our approving opinion to
the purchaser of the bonds.
For these services our fee will be 2/l0th of 1% of
the principal amount of the bonds authorized, payable one-half
following the canvass of the election returns and the remainder
following the sale of the bonds or any portion thereof. In
the event there is more than one sale, there will be a fee
of $100 for each sale following the first sale. In the event
the bond proposition fails to carry at the election, our fee
will be $750 payable following the canvass of the election
returns.
In addition, we are to be reimbursed on monthly
statements for our out-of-pocket expenses for long distance
telephone calla, telegrams and similar items.
If this arrangement is satisfactory to you, kindly
City Council of National City 2 March 5, 1964
adopt an order employing us upon the terms stated herein -
and
furnish us with a certified copy
f.
Respectfully yours,
O'MELV$NY & )IYERS
UJS:sa
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