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Legislation #: 951204 Introduction Date: 8/31/1995
Type: Ordinance Effective Date: 10/1/1995
Sponsor: None
Title: Appointing bond counsel in connection with the issuance and sale of Kansas City Municipal Assistance Corporation Leasehold Refunding Revenue Bonds, Series 1995A and 1995B (H. Roe Bartle Convention Center Project).

Legislation History
DateMinutesDescription
9/6/1995

Hold On Agenda

8/31/1995

Prepare to Introduce

8/31/1995

Referred Finance & Administration Committee

9/13/1995

Do Pass

9/14/1995

Add to Consent Docket

9/21/1995

Passed


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ORDINANCE NO. 951204

 

Appointing bond counsel in connection with the issuance and sale of Kansas City Municipal Assistance Corporation Leasehold Refunding Revenue Bonds, Series 1995A and 1995B (H. Roe Bartle Convention Center Project).

 

WHEREAS, the City desires to cause the issuance of bonds for the purpose of refunding outstanding bonds on the H. Roe Bartle Convention Center Project through Kansas City Municipal Assistance Corporation ("KCMAC"); and

 

WHEREAS, pursuant to the terms of the Agreement for Legal Services (which represents the City's current bond counsel agreement), the City and the Hardwick Law Firm and Burke, William, Sorensen & Gaar have negotiated an amendment to the Agreement, setting the legal fees and expenses for the KCMAC Leasehold Refunding Revenue Bonds Series 1995A and 1995B (H. Roe Bartle Convention Center Project); NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the City Attorney is authorized to execute a Second Amendment (attached) to the Agreement for Bond Counsel Services with the firms of Hardwick Law Firm and Burke, Williams, Sorensen & Gaar, providing for a fee of $11,000.00 per series plus $0.75 per $1,000.00 bond over $5 million, with a limit on expenses of $5,000.00 per issue, to be payable only upon the sale of the bonds.

 

___________________________________________________________________

 

Approved as to form and legality:

 

 

 

 

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Assistant City Attorney