CC Resolution No. 1643 ~
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ItkSOLU'lION NU. 1643
~~iE.SQLUTION CF 7H~ CtTY COUNCII. Ol' TtiE CITX 0~ CUYEftTINO AUTtiQP.IZING TH~:
a]CECUTYON OF AN ACR~EHENT WI'Tii STUNE E.ND YOUNGSERG A5 PINANCI~?l. COHSUI.TANTS
FO~ SALE ~F LIBR~UfiY BOPiDS.
WIiEREAS~ the G~ty ha~ wuk~harised the iasuance uf $300,000.00 princ~pal
~?~unt of general r~bli~;~rr.~n bond~ f~r the conc,tructian of a 1.1Urr~iy fucility;
~ s~d ,
utlP.ltEi~S, the City d~eeireg ta devel.~p a feasible, ecc.namical and eyuitable
~ ~lan of procedur~ in ca~crying thruugh t~ completion tf~e marketiag of a~id
~ br,uds; und,
IJ~t1ir~~~S, the City Cuuncil nas ~;elec:ted th~ firm of 5tone and Youngber~;
s:? act ~g financial consiiltants in prep~ring and exc~ut~ng auch a plan;
h01J~ THEKEFOr'tE, BP. IT FtF:S4~,V~b~ that ~he ;iayor nnd the City Clerk are
~ :.~rEby authoi'ized to ~x~cute an agreesnent ~+ith saf~d firm of Stone and Young-
z~trg ewploying their se~~;3,ces, upon the terma, subject ~o the condixions
~d in consideration of the pa~y-~ent of $3,500.00 as set forth in said r~gree~aent.
. PASSED ~~D r~1DUI'T~D c~t r.~gular me~ting uf the City Council of the Cicy
Cupertino~ this _ 17th day of .Tune 19ti8~ by tl~e folloWing vot~:
A'.'i.5: Counci.l~4n: Benven, De~pster, Fitxgerald. 5takes, Idoel
`~:ES: Council-en: None
.~.?~SE.ti?: Council~e:~: None
' APPr~VEn:
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M3yor* City ut Cupertino
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City Clerk
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