HomeMy Public PortalAboutORD10207 BILL N0. -cKo
SPONSORED BY COUNCILMAN
im
QRDINANCE NO. �OoW7
AN ORDINANCE OF THE CITY OF JEFFERSON, MISSOURI, AUTHORIZING THE
MAYOR AND CITY CLERK TO EXECUTE A CONTRACT WITH CHARLES AND
TRAUERNICHT FOR SEWER REVENUE BONDS LEGAL SERVICES.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF JEFFERSON,
MISSOURI, AS FOLLOWS:
Section 1. The Mayor and Clerk are hereby authorized and
directed to execute a contract with Charles and Trauernicht for
the Sewer Revenue Bond legal services for the sum of $1, 500.
Section 2. The contract shall be substantially the same in
form and content as that contract attached hereto as Exhibit A.
Section 3. This Ordinance shall be in full force and effect
from and after the date of its passage and approval.
Passed _ �-a/— �� Approved
Pre iding Offic yor
ATTEST:
QX
City C1er
CONTRACT FOR SERVICES OF BOND COUNSEL
THIS AGREEMENT, made and entered into on this AZq day of
1984, by and between the City of Jefferson, in the
County of Cole, State of Missouri, acting through the Council of the
said City, Party of the First Part, and the Law Firm of Charles and
Trauernicht of the City of St. Louis, Missouri, Party of the Second
Part:
WITNESSETH, that, for and in consideration of legal services
rendered and to be rendered by the Party of the Second Part, as here-
inafter stated, in connection with the issuance of Six Hundred Thousand
Dollars ($600,000) , being the remainder of Five Million, Six Hundred
Thousand Dollars ($5,600,000) authorized, in principal amount of Sewer
Revenue Bonds of the Party of the First Part pursuant to the authority
of Sections 250.010 et seq. , Vernon' s Annotated Missouri Statutes, and
an election held in said City of Jefferson on the 8th day of October,
1963, Party of the First Part agrees to pay Party of the Second Part
a sum equal to one-fourth of one per centum (1/4 of 1%) of the princi-
pal amount of such Bonds; said sum to be payable only as and when
such Bonds actually are issued, sold, and delivered.
The Party of the First Part also 'agrees to prepare or have
prepared, without cost to the Party of the Second Part, all documents
and certified copies of records and other certificates which the
Party of the Second Part may deem to be necessary or appropriate to
be included in the transcript of proceedings which, in the opinion of
the Party of the Second Part, may be needed in effecting the sale of
the said Bonds . The Party of the First Part shall not be liable for
any expenses incurred by the Party of the Second Part in traveling to
or from Jefferson City, Missouri, or anywhere else within the conti-
nental United States in connection with the performance of services
hereunder.
The Party of the Second Part, for and in consideration of
ethe promises and agreements of the Party of the First Part, herein-
above set out, hereby promises and agrees to and with the Party of
the First Part that the Party of the Second Part will perform all the
legal services necessary and appropriate in connection with the issu-
ance by the Party of the First Part of the above-described Bonds, will
advise the City Administrator, the City Council, the City Clerk, the
City Treasurer, and other officials in connection therewith, as may be
needed or requested, will prepare all resolutions or ordinances to be
adopted by the said City Council, will supervise the preparation of
any transcript or transcripts of proceedings, will render an opinion
with respect to the validity of the said Bond issue, and, generally,
will do and perform all other appropriate legal services in connection
therewith customarily rendered by Bond Counsel.
IN TESTIMONY WHEREOF, the Party of the First Part has caused
® this instrument to be executed by authority of the Council of the
City of Jefferson, in the County of Cole, State of Missouri, by the
Mayor of said City, attested by the Clerk of said City, and the Party
of the Second Part has caused this instrument to be executed by one
of its associates, thisday of 1984.
CITY O JEFFERSON,
STATE OF MISSOURI
By
Mayor
Att t:
City Clerk
, (SEAL)
CHARLES and TRAUERNICHT
314 North Broadway
St. Louis, Missouri 63102
B '
Y
Carl Trauernicht, Jr.