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Last modified
12/31/2015 10:16:06 AM
Creation date
12/31/2015 10:15:48 AM
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Resolutions
Number
1257
Date
1980-01-02
Description
Authorizing the Performance of Special Legal Services in Connection with the Adobe Creek Lodge Project, and Approving an Agreement Therefor
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i <br /> s . <br /> 111, <br /> RESOLUTION NO. 1257 <br /> A RESOLUTION AUTHORIZING THE PERFORMANCE OF SPECIAL <br /> LEGAL SERVICES IN CONNECTION WITH THE ADOBE CREEK <br /> LODGE PROJECT, AND APPROVING AN AGREEMENT THEREFOR <br /> RESOLVED by the City Council of the City of the Town of Los <br /> Altos Hills, County of Santa Clara, State of California, that <br /> WHEREAS, the City Council desires to obtain the services of <br /> experienced special bond counsel to assist the City of the Town <br /> 1 of Los Altos Hills (herein called the "Town") in the formation of <br /> a non-profit corporation and financing the acquisition of the <br /> property commonly known as Adobe Creek Lodge for recreational <br /> facilities (herein called the "Project") ; and, <br /> WHEREAS, the City Council has found and determined that the <br /> hereinafter named special bond counsel will best meet the require- <br /> ments for the Project. <br /> NOW, THEREFORE IT IS HEREBY ORDERED that the firm of <br /> RUTAN & TUCKER <br /> 401 Civic Center Drive West <br /> Santa Ana, California 92702 <br /> be retained by the Town to perform special legal services in connec- <br /> tion with the Project, and be paid as compensation therefore in <br /> accordance with the following schedule, to wit;' <br /> Pr`inc'ip'a`l Amount of, B'ond's', 'Sold. Fee, <br /> Up to $3,100,000 $115,650 <br /> In excess of $3,100 , 000 The original $15,650 <br /> plus. .1.5 0 of any amount <br /> in excess of $3, 100 ,000 . <br />
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