Resolution 12611 •
RESOLUTION NO. 12611
WHEREAS, the City of Miami Beach has employed
R. W. PRESSPRICH & CO. INCORPORATED, as a Financial
Consultant in connection with financing the City' s proposed
project for a Civic Cultural Convention Center Complex
by letter agreements dated January 16, 1967, as amended,
and June 6, 1968, and
WHEREAS, by letter dated December 30, 1968,
the Mayor and the City Council have been advised that
The Pressprich Corporation has discontinued its office
in Miami, Florida, as of December 31, 1968 and that the
personnel of the Miami office will join REYNOLDS & CO.
effective January 1, 1969, and that the said employees of
The Pressprich Corporation have indicated that they are
prepared and would be pleased to continue to serve the
City of Miami Beach as financial consultants for the
financing of the proposed Civic-Cultural-Convention Center
complex, and of various capital improvements by issuance
of General Obligation Bonds; and
WHEREAS, The Pressprich Corporation has executed
an instrument signed by Walter W. Friend, Jr. , Executive
Vice-President, releasing any obligation of the City of
Miami Beach to it and declaring all provisions of the
aforementioned agreements of January 16, 1967, as amended,
and June 7, 1968 terminated with respect to The Pressprich
Corporation, said release having been confirmed by William
Atwill, Jr. , for Goodbody and Company.
NOW, THEREFORE, BE IT DULY RESOLVED by the City
Council of the City of Miami Beach, Florida, that the said
letter agreements dated January 16, 1967, as amended, and
June 7, 1968, continue in full force and effect and that
the proper financial officers of the City be and they are
hereby duly authorized to make the disbursements required,
to be made thereunder to The Pressprich Corporation to
REYNOLDS & COMPANY.
PASSED and ADOPTED this 15th day of January, 1969.
Mayor
Attest:
,a4)45;4?"_/!,„_____
City Clerk-Finance Director
OFFICE OF CITY ATTORNEY-1130 WASHINGTON AVENUE-MIAMI BEACH, FLORIDA 33139
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