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HomeMy WebLinkAboutRES-99-5987 (UNDERGROUND/UTILITY/MYRTLE/LOMA)1 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 RESOLUTION NO. 99-5987 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH, CALIFORNIA, EMPLOYING BOND COUNSEL FOR ASSESSMENT DISTRICT NO. 97-1 (MYRTLE AVE. UTILITY UNDERGROUNDING) AND ASSESSMENT DISTRICT NO. 97-2 (LOMA DRIVE UTILITY UNDERGROUNDING) WHEREAS, the City Council of the City of Hermosa Beach (the "City") desires to commence proceedings for the formation of Assessment District No. 97-1 (Myrtle Ave. Utility Undergrounding) and Assessment District No. 97-2 (Loma Drive Utility Undergrounding) (the "Assessment Districts"); and WHEREAS, the City desires to employ the firm Stradling Yocca Carlson Rauth ("Bond Counsel/Disclosure Counsel") to perform legal services for the formation of the Assessment Districts and the issuance of bonds pursuant to the terms set forth in Bond Counsel/Disclosure Counsel's Agreement submitted to the City on March 23, 1999 (the "Agreement"), NOW, THEREFORE, the City Council of the City of Hermosa Beach DOES HEREBY RESOLVE, DETERMINE AND ORDER that Bond Counsel/Disclosure Counsel is employed to provide the legal services described in and pursuant to the terms set forth in the Agreement. PASSED, APPROV D ark OPTED this 1 lth day of May, 1999. PRESIDENT of the ATTEST: CITY CLERK Mayor of the City of Hermosa Beach, California APPROVED AS TO FORM: CITY ATT STATE OF CALIFORNIA COUNTY OF LOS ANGELES CITY OF HERMOSA BEACH I, Naoma Valdes, Deputy City Clerk of the City Council of the City of Hermosa Beach, California, do hereby certify that the foregoing Resolution No. 99-5987 was duly and regularly passed, approved and adopted by the City Council of the City of Hermosa Beach at a Regular Meeting of said Council at the regular place thereof on May 11, 1999. The vote was as follows: AYES: Bowler, Edgerton, Oakes, Reviczky, Mayor Benz NOES: None ABSTAIN: None ABSENT: None DATED: May 20, 1999 r 751- Deputy City Clerk