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HomeMy WebLinkAbout1973 04_OPWA_Employment of Law firm of Hirsh Johanning and Hudson_1973.01.10 HUDSON LAW OFFICES HiRSH. ..JOHANNING AND OKLAHOMA C1TY 4 RESOLUTION NO AIm rORITY The Trustees hereby employ the law finn of Hirsh, Johanning and Hudson, now composed of Leon S. Hirsh, Paul Johanning, David Hudson and Tom Hi1bome, Jr Attomeys at Law, of Oklahoma City, Oklahoma, as Financial Legal Counsel of the Authority to prepare all legal documents, instruments and contracts requi- site to the issuance and sale of any bonds issued by the Authority or the Trustees thereof, and to provide legal counsel to the Trustees and to the Financial Advisor of the Authority in all matters relating to the foregoing. The compensation of said attomeys for all of the foregoing services hereby is fixed at an amount equal to two percentum (2%) of the aggregate principal amount of each separately-authorized issue of bonds (with a minimum fee of $2,000.00 in connection with any such issue of bonds the aggregage principal amount of which shall be less than $100,000.00), in which compensation the General Counsel of the Authority may participate by agreement with said attomeys; and such compensation shall be paid out of the first money received from the sale of any of the bonds of such an issue of bonds and only out of the proceeds of such sale. Said attomeys shall be reimbursed in full for all expenses incurred by them in the perfonnance of any of their duties here- inabove described exclusive of travel and telephone expenses l'lORKS OWASSO PUBLIC THE TIffi TRUSTEES OF BY IT RESOLVED BE 1973 , \ 0'= day of this ADOPTED (Seal) ATIEST