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8918■�■ = m om M M 222 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 1s 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 RESOLUTION NO. 8,918 A RESOLUTION APPOINTMErIT OF ADVERTISING AND FOR THE REFIR CENTER BONDS; PURPOSES. AUTHORIZING THE BOND COUNSEL BY THE PROMOTION COMMISSION kNCING OF CONVENTION AND FOR OTHER WHEREAS, the Advertising and Promotion Commission seeks to take advantage of the present lowered interest rates; and WHEREAS, after careful consideration of the options available to it, it has selected T.J. Rainey and Sons through a competitive process to prepare refinancing documents; and WHEREAS, this refinancing can save up to $300,000 per year for the Commission; and WHEREAS, in addition to selecting an underwriter it would was necessary to select bond counsel through a competitive selection process; and WHEREAS, this competitive selection process was referred to the bond counsel board and the Rose Law Firm was selected as the most qualified firm to handle this issue. SECTION 1. The Board of Directors hereby accepts the appointment of the Rose Law Firm as bond counsel in the refinancing of Convention Center bonds. ADOPTED: P -lay 26, 1993 APPROVED AS TO • THOMAS M. CARPY-NTKR CITY ATTORNEY APPROVED: * _ -i' Y'r il•'