Resolution 5793 RESOLUTION NO. 5793
WHEREAS, C. W. McNEAR & COMPANY of Chicago, Illinois, have
heretofore negotiated on behalf of the City of Miami Beach,
for the purchase, from Peoples Water and Gas Company, of all
of the physical property of said Company located in the State of
Florida; and
WHEREAS, in a written proposal signed by said C. W. McNear
& Company and dated March 13th, 1945, said C. ti"V . McNear & Company
agreed to perform additional services in connection with said
purchase and the financing thereof, as set forth insaidwritten
proposal which is now on file with the City Clerk; and
WHEREAS, C. W. McNear & Company have agreed in said proposal
to accept, for all services heretofore rendered and for all services
to be rendered as set forth in said proposal, a fee in an amount
equal to 1-2% of • 2,650,000.00, payable only if, as and when the
transaction involving the purchase is consummated; and
WHEREAS, the City Council deems it to the best interest of
the City of Miami Beach to accept said proposal of C. 4. McNear
• & Company,
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Miami Beach, that said written proposal of C. W. McNear
& Company, dated March 13th, 1945, and now on file with the City
Clerk, be and the same is accepted and agreed to.
PASSED and ADOPTED this / day of March, A. D. 1945.
din
• ` � i
Acting Mayor
Attest :
City Clerk
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