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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.