Share to Facebook Share to Twitter Bookmark and Share
File #: 2019-1286    Version: 1
Type: Resolution Status: Passed Finally
File created: 1/11/2019 In control: Committee on Finance and Law
On agenda: 1/15/2019 Final action: 1/29/2019
Enactment date: 1/29/2019 Enactment #: 65
Effective date: 2/1/2019    
Title: Resolution authorizing the Mayor and the Director of Finance to enter into an agreement with Clark Hill to serve as Bond Counsel for the purpose of rendering any and all necessary opinions with respect to the Bonds and preparing such additional documents as may be necessary. Total costs shall not exceed Thirty-Six Thousand One Hundred Twenty-Five Dollars ($36,125.00) and shall be paid using proceeds from the debt issuance.
Indexes: AGREEMENTS
Attachments: 1. Summary 2019-1286

title

Resolution authorizing the Mayor and the Director of Finance to enter into an agreement with Clark Hill to serve as Bond Counsel for the purpose of rendering any and all necessary opinions with respect to the Bonds and preparing such additional documents as may be necessary. Total costs shall not exceed Thirty-Six Thousand One Hundred Twenty-Five Dollars ($36,125.00) and shall be paid using proceeds from the debt issuance.

 

body

Be it resolved by the Council of the City of Pittsburgh as follows:

 

Section 1.                     The Mayor and the Director of Finance are authorized to enter into a contract or agreement with Clark Hill to represent the City as Bond Counsel for the purpose of rendering any and all necessary opinions with respect to the Bonds and preparing such additional documents as may be necessary. Said contract or agreement shall be in a form approved by the City Solicitor, at a cost not to exceed Thirty Thousand Dollars ($30,000.00) plus customary out-of-pocket expenditures, advertising costs, and DCED filing which shall not exceed Six Thousand One Hundred Twenty-Five Dollars ($6,125.00). Charges shall be paid using proceeds from the debt issuance.