HomeMy WebLinkAboutResolution_01-20_1/9/2020RESOLUTION NO. 01-20
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF
TEQUESTA, FLORIDA, AUTHORIZING THE APPOINTMENT OF BOND
COUNSEL IN CONNECTION WITH THE ISSUANCE OF BONDS,
NOTES, LEASES AND OTHER FORMS OF INDEBTEDNESS TO BE
ISSUED BY OR ON BEHALF OF THE VILLAGE; AUTHORIZING THE
EXECUTION AND DELIVERY OF DOCUMENTS REQUIRED IN
CONNECTION THEREWITH; PROVIDING AN EFFECTIVE DATE; AND
FOR OTHER PURPOSES.
WHEREAS, there exists the need for the professional services of Bond Counsel
to be retained by the Village to prepare the necessary bond ordinances and related
documentation for the issuance of bonds/notes and related duties as more specifically
set forth in the Letter of Engagement; and
WHEREAS, pursuant to the Village's purchasing policies and procedures and Sec.
287.057(3)(e)(4), F.S., contracts for legal services are not subject to the competitive
solicitation process; and
WHEREAS, the Village Council deems it beneficial to engage the services of Bond
Counsel to assist the Village in the issuance of indebtedness in the form(s) of bonds,
notes, leases, and the like, to finance capital improvements currently contemplated by the
Village;
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE
VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS:
Section 1: Resolution No. 01-20 appointing Akerman LLP as Bond Counsel is
hereby officially adopted.
Section 2: The Village Council hereby authorizes the Mayor and Village Clerk
to execute the Letter of Engagement in substantially the form attached hereto as "Exhibit
A."
Section 3: This appointment is being made without competitive bidding because
it involves members of the recognized profession licensed and regulated to practice law
in the State of Florida and are therefore specifically exempt.
Section 4: This Resolution shall become effective immediately upon passage.
RESOLUTION
01-20
Date
01 /09/2020
Motion
Vice -Mayor Kristi Johnson
Second
Council Member Vince Arena
VOTE
FOR ADOPTION AGAINST
ADOPTION
ABSENT
Mayor Abigail Brennan
❑
❑
Vice -Mayor Kristi Johnson
❑
❑
Council Member Vince Arena
❑
❑
Council Member Laurie BrandonFv
❑
❑
Council Member Kyle Stone
❑
❑
❑
Council Member Stone declared
a Voting Conflict
The Mayor thereupon declared the Resolution duly passed and adopted
MAYOR OF TEQUESTA
Abigai Brennan
ATTEST:
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Lori McWilliams, MMC `"P '4.
Village Clerk AATFO.