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HomeMy WebLinkAbout99591 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 RESOLUTION NO. 9,959 A RESOLUTION APPOINTING THE FIRM OF WRIGHT, LINDSEY & JENNINGS AS BOND COUNSEL FOR THE PROPOSED $3,175,000 PARKING SYSTEM REVENUE BONDS, AND AUTHORIZING THE CITY MANAGER TO EXECUTE AN ENGAGEMENT LETTER. WHEREAS, it is necessary to have bond counsel to work with the City to perform legal work to assure the issuance of bonds for the $3,175,000 Parking System Revenue Bond issue; and WHEREAS, the City requested proposals from qualified law firms to handle this legal work; and WHEREAS, the proposals were reviewed by a review committee selected in accordance with City ordinance; and WHEREAS, the committee has concluded that the law firm of Wright, Lindsey & Jennings is the most qualified to handle this legal work, and a contractual agreement with the firm has been reached. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1: The law firm of Wright, Lindsey & Jennings is appointed to act as bond counsel to the City in connection with a proposed Parking System Revenue Bond Issue. SECTION 2: The City Manager is hereby authorized to execute the Letter of Engagement with the Wright, Lindsey & Jennings law firm. ADOPTED: April 15, 1997 ATTEST: nD,Q" • �t�9 i► V` ROBBIE HANCOCK, CITY CLERK JI AILEY, MAYOR APPROVED AS TO FORM: THOMAS M. CARPENTER CITY ATTORNEY