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HomeMy WebLinkAboutResolution 9281 N.C.S. 09/14/1981SEP 1 0 'Y9$1 ., ~ 9281 I~esol~ution -No. _ _ ~ N: C. S.. of the Ci~ty :of Petaluma, California A RESOLUTION AUTHORI'ZING THE MAYOR"OR CITY MANAGER~.TO ENTER INTO` AN AGREE~~IENT FQR FINANCI:AL .SERV.ICES FOR' TNE PROPOSED',~~F~~~I~~lANCING ~OF TWE ~LOCA~~L~; S~HA'R'~E'~O~F,.C~NSTRl1CTIQN~ COSTS IN C~ONNECTION WITH STEP' III OF .THE~ WASTE_WATER FACTLITIE!S PROJECT. (E:F. HUTTON, ,INVESTMENT BANKERS) .~ :2 . .' ~ - ; WHEREAS, c:as;h. f~low~ financirrg may: b°e necessa'ry for the City of Petaluma.'s porti:on-of construction costs i;n connection with Step III of the Wastewater Facilitie:s Pr.ojec,t; and, ~, i WHEREAS,,, the firm of E. F. Hutton, I'nvestment Bankers, has ex- pert.ise in producing. ~all l:egally required ana:lyse's and' documents for such finanai:ng; ~ ~ NOW,~THEREFORE, Bf IT RESOLVED that the'City of Petal'uma here- by appoi:nts and employs :the fir,m'of E: F. Nutton to- perfo.rm .certain financi;al service:s for the~purpo:se of determi~ning such cash fl~ow fi`nancing; and, BE IT FURTHER RESOLVED that the-Mayor or City ~~1anager is here- by authorized to execu:te;an agreement for certain financial consulting ser- Vices~to be performed by -the firm of E. F.:H.utton, saad' ac~reement to be in a form approved by::the'Gity Attorney.. ~ . Under the ;power and autlioriry~;coriferred upon this Council by ;Che Gharter. of said City: I.hereby certify the, foregoing Resolution. was .;introdaced .and ;adopted by the Gouncil of the Cuy ~of''Pefaluma., at a;($;egg}~•) (Adjourned)' ~~~ meeting Appr ed as to ; on che ....,14t h_:;,~. ,'aay of . S e~?t emb.e r .................... . 19_.; 8.1 by tfie orm ' . follotiving vote: . ~ . ~'~"'°2 , •- - •• -; .... .._... • , - - ' ' City"At rriey ~ ~ . , ' . y. . _ ., • t . ; AYES: PERRY,, ~ HA. SON ,. BATTAGLI A,~: BALS'HAW , CAVANAGH~, _ MAYOR MATTE I NOES: NONE ~ ~ • . ABSENT~ F. ! ~- :- , - . ~ '~~~--^~ . ,. : . ~, ' . . - ,. , .: . ATTEST- - - - --= - - - - - - . ..- ~--- . .. --_ --~ . ,.. . - •-• --~ -------~---~----- ;;-..- •------. .-~--~ •------... ...- ... ~..:---•--.. - ' _ Cify Cle"r'k .. `. :, `: _ " . ''' `, • Ivlayor ~ . ~ . ~ . .. . . , u + ' 'GOUNCIL F.IGE ~ . . ~ ~ . . . . . '- ~.~.. i.. - . .. ,.: ..-.:.. . , . . . . ; , . ~ , . ' . ' _ ~ . FORM CA>2 1%80 . - .- , ' !RES No. ;.,