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Section 3. Bond Counsel. The law firm of Jones Hall Hill & White, A Professional Law <br />Corporation, San Francisco, California, is appointed and employed to do and perform all bond <br />counsel services for the City as required in the conduct of said proceedings and in connection <br />with the issuance of bonds therein; and that the law firm's compensation for such services is <br />hereby fixed as provided in that certain Agreement For Legal Services, a copy of which is on file <br />with the City Clerk. The Mayor, the City Manager or the Finance Director is hereby authorized <br />and directed in the name and on behalf of the City to execute said Agreement. The fees of the <br />attorneys shall be assessed as an incidental expense of the proceedings and be payable solely <br />from the proceeds of assessments and sale of bonds and not otherwise. <br />Section 4. Placement Agent. The firm of Prager, McCarthy & Sealy, San Francisco, <br />California is appointed as Placement Agent in connection with the issuance of bonds, pursuant to <br />its Agreement To Provide Underwriting Services dated March 5, 1996, a copy of which is on file <br />with the City Clerk. <br />Section 5. Effectiveness of Resolution. This resolution shall take effect upon its <br />adoption. <br />Introduced by Council Member Ga 1 van and passed and adopted this <br />3rd day of June, 1996, by the following called vote: <br />MEMBERS OF THE COUNCIL: <br />AYES: Council Members Galvan, Glaze, Loeffler, Lothrop, Polvorosa, Young; <br />Mayor Corbett ( 7 ) <br />NOES: None <br />ABSENT: None <br />ATTEST: <br />ALICE CALVERT, City Clerk <br />AAEngrAtty.Doc <br />( 0 ) <br />( 0 ) <br />2 <br />