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111,
RESOLUTION NO. 1257
A RESOLUTION AUTHORIZING THE PERFORMANCE OF SPECIAL
LEGAL SERVICES IN CONNECTION WITH THE ADOBE CREEK
LODGE PROJECT, AND APPROVING AN AGREEMENT THEREFOR
RESOLVED by the City Council of the City of the Town of Los
Altos Hills, County of Santa Clara, State of California, that
WHEREAS, the City Council desires to obtain the services of
experienced special bond counsel to assist the City of the Town
1 of Los Altos Hills (herein called the "Town") in the formation of
a non-profit corporation and financing the acquisition of the
property commonly known as Adobe Creek Lodge for recreational
facilities (herein called the "Project") ; and,
WHEREAS, the City Council has found and determined that the
hereinafter named special bond counsel will best meet the require-
ments for the Project.
NOW, THEREFORE IT IS HEREBY ORDERED that the firm of
RUTAN & TUCKER
401 Civic Center Drive West
Santa Ana, California 92702
be retained by the Town to perform special legal services in connec-
tion with the Project, and be paid as compensation therefore in
accordance with the following schedule, to wit;'
Pr`inc'ip'a`l Amount of, B'ond's', 'Sold. Fee,
Up to $3,100,000 $115,650
In excess of $3,100 , 000 The original $15,650
plus. .1.5 0 of any amount
in excess of $3, 100 ,000 .
4110
IT IS FURTHER ORDERED that the Town enter into an Agreement
for performance of special legal services with the above-named
firm, and that the Mayor be and he is hereby authorized to execute
said Agreement on behalf of the City and the City Clerk is author-
ized to attest his signature and to affix the corporate seal of
the City thereto.
REGULARLY passed and adopted this 2nd day of January, 1980 .
APPROVED:
ATTEST: CITY COUNCIL
By'
City Clerk _ — a or
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