| AGENDA ITEM REVIEW FORM |
3.A.
Industrial Development Authority
- Meeting Date:
- 10/02/2024
- Department Head:
- Kay Macuil
- Submitted By:
- Kay Macuil, City Attorney, Attorney's Office
ITEM:
Discussion and possible action of engagement of Glenn Gimbut as Issuers Counsel. (Glenn Gimbut, Assistant City Attorney)
SUMMARY:
Discussion and possible action on any and all matters regarding engagement of Glenn Gimbut as Issuer's Counsel for the bond issue identified in Resolution no. 2024-01 to be paid only from proceeds of said issue at closing and at such rates or amounts as are customary for such representation. This is no fiscal impact to the City of San Luis, nor to this Board of the IDA on this item.
RECOMMENDATION / SUGGESTED MOTION:
I HEREBY MOVE TO ENGAGE GLENN GIMBUT AS ISSUER'S COUNSEL FOR THE BOND ISSUE IDENTIFIED IN RESOLUTION NO. 2024-01 TO BE PAID ONLY FROM PROCEEDS OF SAID ISSUE AT CLOSING AND AT SUCH RATES OR AMOUNTS AS ARE CUSTOMARY FOR SUCH REPRESENTATION.