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117350 0 3 RESOLUTION NO. 11,735 2 3 A RESOLUTION TO APPOINT FRIDAY ELDREDGE & CLARK AS 4 BOND COUNSEL FOR THE PROPOSED 2004 CAPITAL EQUIPMENT s SHORT -TERM FINANCING PROJECT; AND FOR OTHER PURPOSES. 6 7 WHEREAS, it is necessary to have bond counsel to work with the City to perform e legal work related to the short -term financing of capital equipment for 2004, and 9 WHEREAS, the City requested proposals from qualified firms to handle this work, 10 and ii WHEREAS, the proposals were reviewed by a selection committee designated in 12 accordance with City ordinance, and 13 WHEREAS, the committee has concluded that the law firm of Friday Eldredge & 14 Clark is the most qualified to handle the legal work, and has the knowledge and experience is with similar financings in Arkansas and nationally. 16 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF 17 THE CITY OF LITTLE ROCK, ARKANSAS: is SECTION 1: The City Manager is hereby authorized to enter into an agreement 19 with Friday Eldredge & Clark to act as bond counsel for the 2004 short -term financing 20 project of capital expenditures. 21 ADOPTED: April 20, 2004 0 1 ATTEST: 2 3 Pr4 NA CY WO D, CITY CLERK 5 6 APPROVED AS TO FORM: 7 A 9 THOMAS M. CARPENTER, CITY ATTORNEY to H 11 H 12 H 13 H 14 15 H 16 H 17 H 18 H 19 H 20 H 21 H 22 H 23 H 24 H 25 H 26 H 27 H 0 J64 DAILEY, MAYOR