Contracts & Agreements_15-1972 - Laserfiche WebLink

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A G R E E M E N T THIS AGREEMENT made this 18th day of July, 1972, by and between the REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS, California, a public corporation (hereinafter sometimes called the "Agency"), and O'MELVENY & MYERS, a co -partnership, of Los Angeles, California (hereinafter sometimes called the "Attorneys"); W I T N E S S E T H: It is mutually agreed between the parties hereto that: 1. In connection with a proposed redevelopment project within the City of Redlands to be designated as Redlands Rede- velopment Project, the Agency hereby employs the Attorneys to furnish, and the Attorneys hereby agree to furnish,legal services consisting of the examination.of a transcript furnished by the Agency to the Attorneys covering, when completed, all proceedings leading up to and including the adoption of the redevelopment plan. The Attorneys shall report to the Agency its conclusions.from such examinations. The services under this Section 1 do not include services in connection with any litigation and do not include the drafting of documents, the supervision of proceedings or any other services while the redevelopment plan proceedings are in progress, except that the Attorneys will upon request of the Agency, examine and make suggestions concerning an advance draft of the redevelopment plan and an advance draft of the ordinance. of the City Council approving and adopting the plan. 2. For the services rendered under Section 1 above the Agency agrees to pay the Attorneys a fee of $500 upon completion of the examination of the transcript covering the redevelopment plan proceedings and the issuance of the report thereon. 3. Said fee will be applied against any fee for legal services rendered in connection with'the issuance and sale of tax allocation bonds by the Agency for the financing of a portion of the cost of said redevelopment project.