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HomeMy WebLinkAbout92-787 04-28-1992RESOLUTION NO. 92 -787 WHEREAS, the City Council of the City of Euless, Texas, desires to authorize the issuance of Public Property Finance Contractual Obligations, Series 1992 for acquisition of various equipment for the City of Euless, and that a proposal from First Southwest Company of Dallas, Texas is required for consideration of that firm to provide professional services in the capacity of Financial Advisor; and WHEREAS, First Southwest Company has submitted to the City a Financial Advisory Agreement wherein they offer their professional services and facilities to direct and coordinate the entire program of financing contemplated, as well as other duties which may be needed; and WHEREAS, First Southwest Company has agreed in said Financial Advisory Agreement to provide services to the City of Euless. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EULESS, TEXAS, THAT: 1. The Financial Advisory Agreement provided by First Southwest Company be approved and executed by the City Manager and attested by the City Secretary. 2. A letter for Financial Advisory Compliance to the Municipal Securities Rulemaking Board, Rule G -23(d) (ii), be executed by the City Manager and forwarded to First Southwest Company. Adopted at a regular meeting of the Euless City council on the 28th day of ayes, 0 nays, and 0 abstentions. April, 1992, by a vote of 4 APPROVED: Harold D. Samuels, ayor ATTEST: Susan Crim, CMC, City Secretary