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Res No 132-11-13446RESOLUTION NO. 132-11-13446 A Resolution relating to attorneys' fees; approving attorneys' fees for Squire Sanders and Dempsey, LLP in the amount of $ 14,758.84; charging account no. 001- 1500 -514 -3410 legal services- litigation. WHEREAS, the City Commission of the City of South Miami approved Resolution No. 115 -10- 13149, employing the Law Firm of Squire Sanders and Dempsey, LLP on behalf of the City of South Miami to serve as Bond Counsel for the City on an "as needed" basis; and WHEREAS, Squire Sanders and Dempsey, LLP submitted invoices to the City for legal services rendered for July, 2011, in the amount of $ 14,758.84; and, WHEREAS, the City Attorney recommends payment of the attached invoices. NOW THEREFORE BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA THAT: Section 1. The invoices for attorneys' fees received from Squire Sanders and Dempsey, LLP in the total amount of $ 14,758.84, are approved for payment; charging account no. 001 - 1500 -514 -3410, Legal Services - Litigation, with a current balance of $ 216,503.97. Section 2. This resolution shall take effect immediately upon approval. PASSED AND ADOPTED this 16 day of August 2011. ATTEST: APP ROVED: 6;)� �� A KA44 CIT MAYOR READ AND AP OVED AS TO FORM, COMMISSION VOTE: 5 -0 LANGUAG GALITY Mayor Stoddard: Yea 7;Z iER Vice Mayor Newman: Yea Commissioner Palmer: Yea Commissioner Beasley: Yea Commissioner Palmer: Yea CIT ATTdRW Commissioner Harris: Yea Additions shown by underlinine and deletions shown by everstrikin . CLUM(`� " (COUNSEL YV WORLDWIDE August 3, 2011 Alfredo Riverol, CPA Cr.FA Finance Director City of South Miami, Florida 6130 Sunset Drive South Miami, Florida 33143 Re: Municipal Parking Garage by .., 4 IM SQT7I1tB� Snxasas & Darrssar (TTS} LL8 200 South%=yne Boulevard, Suite 410D Miami, FL 33131 Offim,+1.305.577.7000 F=+1.305.577.7001 08-04-77 7'02.58 IN Enclosed please find our statement for services rendered and costs incurred for the month of July in connection with the captioned matter. We appreciate the opportunity of being of service to the City. Should you have any questions, please do not hesitate to call. Reiter LR:ge Enclosure Co. Thomas Pepe, Esq. U 0 0 SQum, SANDFRs & D 14 sFy (US) LLP BEIjWO BHRiIM°. BUHONGHAM*• BRATWAVA, BRUSSELS *•,'BUDAPEST• CINCAINAn- CLEVE LAND• COLUMBUS- FRAMMRT- HONGKONG• HOUSTON' Xyn' LEEDS*- LONDON'S- LOS ANGELES - MADRID'! • MANCHESTER* • MIAW - MOSCOW , NEW YORK • NORTHIsCN VIRGINIA• PALOALTO • PARIS* - PHOENIX. - PRAOUE • RIODEIAMMO, SANFRANCUCO• SANTODOWHOO, SAOPAULO• SHANGHAI, TA1.+�'A- TOKYO, WARSAN+. WASHWGTONDC• WESTPALMBEACH INDBPENDL•NTNETWORKPMMS: BEIRUT - BOGOTA - BUCHAREST •BUENOSAxam• CARACAS .1A PAZ LwA•PANAMA.IbYADIi- SANTIAGO City of South Miami, Florida .Alfredo Riverol, CPA Cr.FA Finance Director South. Miami City Hall 6130 Sunset Drive South Miami, Florida 3314' Municipal ParlTdng Garage INVOICE SUMMARY Fees: Less Discount on Services: Disbursements: Amount Due for this Invoice, Remit Check Payments for kuhe,.Sauders &,Dempsey.(US) LLF P.O. Box 643051 CincinnatL OH 45264 Phone: 216.657.3400 Fax:216.687.3401 PAYMNT INSTRUCTIONS Remit Arnre Payments to: Squire,. Sanders R Dempsey ([TS) LLP US Bank 425 Walnut St. Cincinnati, OH 45264 Bank Routing #042000013 Bank Account #576762314 For Wires outside the US: US Bank, USA SWIFT Code: USBKUS44IMT Bank Account #576762314 Number: 8650077 Invoice Date: 08/03/11 Matter Number: 028597.00004 16,191.00 $ (1,619,10) $ 186.94 $14,'756.84 Direct Billing Inquiries to: Luis Reiter 200 South Biscayne Boulevard Suite 4100 Nsami, FL 33131 United States Phone: +1305.577.7000 Fax: +1.305.577,7001 email: Luis,Reiter@ssd.wra Please Include Reference Number 5650077.25597 with all Payments Tax Identification Number 34- 0648199 Squire, Sanders & Dempsey (US) LLP is part of the international legal practice Squire Sanders & Dempsey whiah practices inlocations worlAvide through a number ofseparate legal entities. Please v1e# vvHh9.ssd com for more information, *Squire, Sanders & Dempsey (UK) LLP 0 08/03/11 Page 1 MUMCIPAL PAii2MG GARAGE LEGAL SERVICES SQ(7)9, SANDERS & DEMPSE11(US) LLP 028597.00004 South Miami, City of / Municipal Parking Garage Invoice Number: 8650077 DATE HOURS TIAMI EEPER NARRATWE 06/14/11 0.40 D, Wall Prepare status report on SEC investigation and email to T. Pepe. 07 /08111 0.70 T. Cooper Telephone conference with J, Tindal and E. Marquez regarding numbers and cash flow implications, options, email exchange with E. Marquez and 1. Tindal regarding same. 07/31/11 0.40 T. Cooper Email exchange with T. Pepe regarding private activity and private loan history and why we only have to redeem some bonds. 07/11/11 0.80 L. Reiter Review of e-mail from City Attorney with questions on bonds; preparation of email with responses; call writh E. Marquez regarding selection of fmauciug option. 07/12/11 0.50 T. Cooper Email to S. Haycock regarding need written methodology, forward tlat email to T. Pepe, at aL 07/13/11 0.70 T. Cooper Email exchange with S. Haycock regarding numbers, telephone conference with J. Thebarge regarding same, forward to city working group. 07/15/11 0.20 T. Cooper Telephone conference regarding August 1 deadline. 07/16/11 0.60 D. Wall Review 2002 and 2005.06 transaction documents and emails with Tom Pepe regarding Mark Richman Properties' knowledge of FlYR. -C financing at the times of the transactions. 07/18/11 1.80 T. Cooper Telephone conference with J, Theberge regarding pro rata across all pool bonds; telephone conference regarding same, email exchange with T. Pepe regarding language to be put in ordinance. 07/18/11 I.80 L. Reiter Call with A. Riverol regarding status of Loan approval; amails regarding potential issue to discuss with City regarding IRS Settlement; amails with T. Pepe regarding Authorizing Resolution and documents to be approved; conference call with City to discn$ IRS issue and moving forward with Loan. 07/19/11 1.80 T. Cooper Telephone conference with 1. Theberge regarding WHEREAS clause D and 2nd sentence of Section 3 of settlement agreement, forward to working group, email exchange with T. Pepe regarding consent to disclose to NW not needed; telephonc conference with S. Haycock and J. S" SAMrms 8 DrMPSBY (US) LLP 028597.00004 08/03111 South Miam4 City of / Municipal Parking Garage Page 2 Invoice Number: 8650077 Theberge regarding same; email exchange with T. Pepe regarding AMP proposal to turn garage back over to the City. 07/20/11 0,20 T. Cooper Email exchange with J. Tindal regarding settlement amount not certain until closing date is certain. 07/21/11 0.50 T. Cooper Email exchange with J. Tindal regarding 8038 for League bonds; foItowup regarding same. 07/21/11 0.60 T. Cooper Telephone conference with 7. Tindal regarding settlement amount and redemption of league bonds. 0701/11 0.20 T. Cooper Telephone conference regarding settlement v. closing agreement. 07121/11 0.10 D. Wall Entails regarding IRS negotiation status and evaluate as relevant to SEC investigation. 07/22/11 1,20 T. Cooper Find and send 2002 8038 -G to Y. Tindal, email to J. Theberge to ask for 2006 8038 -G; email exchange with S. Haycock regarding we are running out of time, forward email chain to City. 07)23/11 0.10 T. Cooper Email to S. Haycock and 7. Theberge regarding City Commission ordinance. 07)25/11 0.40 D. Wall Review and evaluate questions regarding SEC status and emails in response to same. 07/26/11 130 T. Cooper Email exchange with 7. Theberge regarding concerns about timing and no IRS response yet, email, exchange with S. Haycock regarding pool V. individual loan, tesearcb same, '§arid emails to working group, telephone conference with J. Theberge regarding same. 07/26/11 0.10 D. Wail Entails with Thomas Pepe regarding SEC investigation status, in response to questions. 07/27/11 2.I0 T. Cooper Telephone conference regarding release of VCAP submission; email exchange with S. Haycock regarding call on Thursday; email exchanges wilt S. haycock regarding substantive point and research regarding same, regarding timing; telephone conference with J. Theberge regarding ME tomorrow. 07)27/11 0.50 D. Wail Review files as relevant to request for information; emails with Tom Pepe regarding same, 07)28/11 1.80 T. Cooper Conference call with S. Haycock, A. Dripps and M. Sullivan (IRS). 070/11 0.90 T. Cooper Telephone conference with S. Haycock, 7. Theberge regarding conference call, options, ask S. Haycock to recalculate; telephone conference with T. Pepe, A. Riverol and H. Mitabile regarding status and options. a u'QL.,. ;�, SANDnfiS & DEMI -SEY (US) ;; LP 028597.00004 08/03/11 South Miami, City of / Municipal Parking Garage Page 3 Invoice Number: 8650077 07/28/I1 0.50 D. Wall Review mid evaluation of information for questions; review and collect information for Tom Pepe. 07/29111 3.60 T. Cooper Email exchanges with S. Haycock, J. Theberge regarding recalculation and City unwilling to accept higher payment or higher rederripfou; telephone conference regarding status; telephone conference with J. Theberge regarding same; email regarding options; telephone, conference with T. Pepe and A. Riverol regarding same; email exchange with S. Haycock and J. Theberge regarding call; conference call with S. Haycock and J. Theberge regarding City's response. 07/29111 0.80 D, Wall TOTAL HOURS FOR THIS MATTER., TOTAL $$RVICPS: Telephone Email with Tom Pepe regarding documents produced to SEC; compile and send copies of documents and correspondence with SEC. Dm3uRS ymn ST varARY 24.60 $16,191.00 186.94 TOTAL DX$3URSEBVWrS: $186,94 n 08/03/11 Page 4 SUBTOTAL SERV[CSS: LESS 10.0 %DL4COUNT: SERVICES LESS DISCOUNT: TOT")XSBURSEMENTS: TOTAL AMOUNT DUE rOR THIS MATTER: MATTER TOTAL 0 SQIT7RE, SANDERS & $.DGNIPSE'S (US) LLP 028597.00004 South Miami, City of / Municipal Parldag Gauge Invoice Number: 8650077 $16,191.00 $14,571.90 $186.94 $ 14,758.84