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HomeMy Public PortalAboutResolution No. 409-13 02-05-2013February 5, 2013 4A - 1 RESOLUTION N0.409-13 APPOINTING FIRST SOUTHWEST COMPANY AS FINANCIAL ADVISOR TO CITY OF RICHLAND HILLS, TEXAS WHEREAS, the City Council of the City of Richland Hills desires to obtain professional financial advisory services; and WHEREAS, First Southwest Company is willing to provide its professional services and its facilities as financial advisor in connection with all programs of financing that may be considered and authorized by the City of Richland Hills; and WHEREAS, First Southwest Company has submitted to the City of Richland Hills a Financial Advisory Agreement to provide such professional services. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RICHLAND HILLS THAT: Section 1. The Financial Services Agreement submitted by First Southwest Company to the City of Richland Hills has been determined by the City Council to meet the financial advisory service needs of the City, and City Council wishes to appoint First Southwest as its Financial Advisor. Section 2. The City Council of the City of Richland Hills accepts the Financial Services Agreement attached hereto and authorizes the Mayor to execute the agreement. PASSED AND APPROVED THIS THE 5T" DAY OF FEBRUARY, 2013. APPROVED: Bill Agan, May AT EST: ~~ Linda Cantu, City Secretary ~~~~~a~ti~ ~ ~ ~ u uu,,,~~ t~ j.= ~~ ~ _ ~~ I ~._ '• •' ~nnnm~ut