ORDINANCE NO. 960369
Authorizing an agreement with the Hardwick Law Firm and
Gilmore & Bell for bond counsel services for various bond projects.
WHEREAS, the City has requested proposals for bond
counsel and financial advisory services for a number of bond issues in the
future; and
WHEREAS, the City received proposals, has evaluated
those proposals based on experience and quality of work, proposed fees, and
responsiveness to the Request for Proposals and desires to contract with the
firms listed; NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:
Section 1. That the City Attorney is authorized, on
behalf of the City, to execute agreements with the Hardwick Law Firm and Gilmore
& Bell, P.C. for the bond counsel services for the following bond projects
expected to be completed in the 1996 calendar year at the approximate fees
listed:
Project Approximate amount
Fee of issue
General Obligation Bonds $10 - $12
million $6250.00-$7150.00 for construction of a bridge
Special Facility Airport Revenue Bonds $10
million $8500.00 for parking facilities
Water Revenue Bonds $24
million $14,500.00
The agreements are approved in substantial form as the
agreement attached to this ordinance. Payment of fees and expenses under these
agreements will be made from bond proceeds. No financial obligation will
accrue to the City unless and until the bonds are sold.
__________________________________
Approved as to form
and legality:
__________________________
Assistant City
Attorney