Res No 094-11-13408RESOLUTION NO. 94-11-13408
A Resolution directing the City Manager to pay Luis Reiter, with the firm of
Squire Sanders and Dempsy LLP the sum of $19,467.17 for services rendered
for the period May 2, 2011 through May 31, 2011.
WHEREAS, Mr. Reiter was hired as an attorney on behalf of the City of South Miami
by Resolution No. 115 -10- 13149, dated June 2, 2010, to review, evaluate, and analyze the
outstanding Bond issues related to the Municipal Parking Garage, including 2002a and 2006
Bond financing; and
WHEREAS, Mr. Reiter has submitted an invoice in the amount of $19,467.17 for the
period May 2, 2011 through May 31, 2011; and
WHEREAS, the City Attorney has examined the invoice and recommends payment
based upon prior contract adopted by Resolution No. 115 -10 -13149 dated June 2, 2010.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY
COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA, THAT:
- - - Section 1. The City Manager is hereby - directed -to pay.. Squire_ Sanders ,&, the sum of..
$19,467.17 as per Resolution No. 115 -10 -13149 dated June 2, 2010.
Section 2. This Resolution shall take effect upon adoption.
Passed and adopted this 14 tWay of June 2011.
ATTEST:
CITY CLERK-
MM
P 4
MAYOR
COMMISSION VOTE: 4 -0
Mayor Stoddard:
Absent
Vice Mayor Newman:
Yea
Commissioner Palmer:
Yea
Commissioner Beasley:
Yea
Commissioner Harris:
Yea
Page 1 of 1
SQUIRE
LEGAL
SANDERS
COUNSEL
WORLDWIDE
Alfredo Riverol, CPA Cr.FA
Finance Director
City of South Miami, Florida
6130 Sunset Drive
South Miami, Florida 331 314'
SQUIRE, SANDERS & DEMPSEY (US) LLP
200 South Biscayne Boulevard, Suite 4100
Miami, FL 33131
Office: +1.305.577.7000
Fax: +1.305.577.7001
1,6 -07 -11 A09:45 OUT
June 2, 2011
Municipal Parking Garage Indebtedness
Dear Alfredo:
Enclosed please find our statement for services rendered and costs incurred for the month
of May 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.
Very trul yours,
is Reiter
LR:ge
Enclosure
cc: Thomas Pepe, Esq.
MIAMI/4267448.1
SQUZRE9 SANDERS & D mmy (US) LLP
BE nNG, BERLIN* BIRMINGHAM* BRATISLAVA BRUSSELS* BUDAPEST CINCINNATI CLEVELAND COLUMBUS- FRANKFURT HONG KONG HOUSTON KYIv
LEEDS* LONDON* LOS ANGELES MADRID*- MANCHESTER* MIAMI- MOSCOW NEW YORK NORTHERN VIRGINIA PALO ALTO PARIS*, PHOENIX PRAGUE
RIO DE JANEIRO SAN FRANCISCO - SANTO DOMINGO - SAO PAULO. SHANGHAI TAMPA TOKYO WARSAW- WASHINGTON DC WEST PALM BEACH
1NDEPENDENT NETWORK FIRMS: BEIRUT- BOGOTA BUCHAREST BUENOS AIRES CARACAS DUBLIN LA PAZ LIMA PANAMA RIYADH SANTIAGO
City of South Miami, Florida
Alfredo Riverol, CPA Cr.FA
Finance Director
South Miami City Hall
6130 Sunset Drive
South Miami, Florida 33143
Municipal Parking Garage
INVOICE SUMMARY
Fees:
Less Discount on Services:
Disbursements:
Amount Due for this Invoice:
Remit Check Payments to:
Squire, Sanders & Dempsey (US) LLP
P.O. Box 643051
Cincinnati, OH 45264
Phone: 216.687.3400
Fax: 216.687.3401
PAYMENT INSTRUCTIONS
Remit Wire Payments to:
Squire, Sanders & Dempsey (US) 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
Invoice Number:
8638392
Invoice Date:
06/02/11
Matter Number:
028597.00004
$ 21,472.00
$ (2,147.20)
$ 142.37
$ 19,467.17
Direct Billing Inquiries to:
Luis Reiter
200 South Biscayne Boulevard
Suite 4100
Miami, FL 33131
United States
Phone: +1.305.577.7000
Fax: +1.305.577.7001
email: Luis.Reiter @ssd.com
Please Include Reference Number 8638392.28597 with all Payments
Tax Identification Number 34- 0648199
Squire, Sanders & Dempsey (US) I LP is part of the international legal practice Squire, Sanders & Dempsey which practices in locations
worldwide through a number ofseparate legal entities. Please visit www.ssd.com for more information.
*Squire, Sanders & Dempsey (UK) LLP
SQUIRE, SANDERS & DEMPSEY (US) LLP
BEIJING BERLIN* BIRMINGHAM *, BRATISLAVA BRUSSELS* BUDAPEST CINCINNATI- CLEVELAND COLUMBUS FRANKFURT HONGKONG HOUSTON KYIV
LEEDS* LONDON *, LOS ANGELES MADRID* - MANCHESTER* - MIAMI MOSCOW NEW YORK NORTHERN VIRGINIA, PALO ALTO PARIS* PHOENIX PRAGUE
RIO DE JANEIRO SAN FRANCISCO SANTO DOMINGO SAO PAULO SHANGHAI TAMPA TOKYO WARSAW WASHINGTON DC. WEST PALM BEACH
INDEPENDENT NETWORK FIRMS: BEIRUT BOGOTA BUCHAREST � BUENOS AIRES - CARACAS. DUBLIN LA PAZ LIMA PANAMA RIYADH SANTIAGO
City of South Miami, Florida Invoice Number: 8638392
Alfredo Riverol, CPA Cr.FA Invoice Date: 06/02/11
Finance Director Matter Number: 028597.00004
South Miami City Hall
6130 Sunset Drive
South Miami, Florida 33143
REMITTANCE COPY
Municipal Parkina Garage
INVOICE SUMMARY
Fees: $ 21,472.00
Less Discount on Services: $ (2,147.20)
Disbursements: $ 142.37
Amount Due for this Invoice: $19,467.17
PAYMENT INSTRUCTIONS
Remit Check Payments to: Remit Wire Payments to: Direct Ruling Inquiries to:
Squire, Sanders & Dempsey (US) LLP Squire, Sanders & Dempsey (US) LLP Luis Reiter
P.O. Box 643051 US Bank 200 South Biscayne Boulevard
Cincinnati, OH 45264 425 Walnut St. Cincinnati, OH 45264 Suite 4100
Phone: 216.687.3400 Bank Routing #042000013 Miami, FL 33131
Fax: 216.687.3401 Bank Account #576762314 United States
Phone: +1.305.577.7000
For Wires outside the US: Fax: +1.305.577.7001
US Bank, USA email: Luis.Reiter @ssd.com
SWIFT Code: USBKUS441MT
Bank Account 9576762314
Please Include Reference Number 8638392.28597 with all Payments
Tax Identification Number 34- 0648199
Squire, Sanders & Dempsey (US) LLP is part of the international legal practice Squire, Sanders & Dempsey which practices in locations
worldwide through a number of separate legal entities. Please visit www.ssd. com for more information.
*Squire, Sanders & Dempsey (UK) LLP
06/02/11
Page I
MUNICIPAL PARKING GARAGE
SQUIRE, SANDERS & DEMPSEY (US) LLP
028597.00004
South Miami, City of / Municipal Parking Garage
Invoice Number: 8638392
LEGAL SERVICES
DATE HOURS TIMEKEEPER NARRATIVE
05/02/11 0.70 T. Cooper Telephone conference with J. Theberge regarding redemption; email to E. Marquez regarding
redemption schedule.
05/02/11 0.80 L. Reiter Review of Land Acquisition Loan documents for antidilution and related covenants; emails
regarding same.
05/03/11 2.40 T. Cooper Draft memorandum to city regarding IRS VCAP status; review comments; email exchanges
regarding same and to set a call tomorrow regarding same. - - --
05/03/11 0.80 L. Reiter
05/04/11 2.80 T. Cooper
05/04/11 1.50 L. Reiter
05/04/11 1.80 D. Wall
05105111 0.30 T. Cooper
05105111
0.50
L. Reiter
05105111
0.40
D. Wall
05/06/11
0.30
T. Cooper
05/09/11
0.70
T. Cooper
Review of 2001 FMLC Loan documents; o-mails to City regarding antedilution test and
Commission approval.
Telephone conferences and email exchanges regarding memorandum comments; revise and
recirculate; send to City.
Preparation of memorandum regarding IRS VCAP; follow -up regarding same.
Review and revise draft memo regarding status of IRS negotiations and settlement proposal and
emails regarding same; telephone call regarding same.
Telephone conference regarding City signs agreement along with the League; emal exchange
regarding sending memorandum to E. Marquez.
Call with A. Riverol regarding memorandum on status of VCAP; followup regarding same.
Prepare audit letter response regarding SEC and IRS and emails regarding same.
Forward email from S. Haycock; email exchanges and telephone conferences regarding same.
Message exchange with A. Riverol; telephone conference regarding revisions to memorandum;
make revisions and send clean and redline drafts.
05/09/11 0.50 L. Reiter Revisions to SSD memorandum to reflect latest IRS responses; calls regarding same.
SQUIRE, SANDERS & DEMPSEY (US) LLP
IY3:7&VyK41414M'
06/02/11 South Miami, City of / Municipal Parking Garage
Page 2 Invoice Number: 8638392
05110111 0.50 T. Cooper Telephone conferences regarding send revised memorandum as soon as City signs off on
principal balances; revisions to memorandum.
05110111 0.60 L. Reiter Calls with A. Riverol regarding open issues in memorandum; followup regarding same.
05/11/11 0.30 T. Cooper Email exchange regarding memorandum with revised balance for SunTrust loan.
05/11/11 1.50 L. Reiter Revisions to VCAP Memorandum and distribution of same; o-mails with E. Marquez regarding
required computations and schedules; assembling documents and forwarding to E. Marquez;
review of Loan Agreement regarding timing for defeasance and calls with E. Marquez.
05/13/11 0.50 T. Cooper
Telephone conference with E. Marquez and J. Tindel regarding schedules they are running and
redemption.
05/17/11 0.00 A. Letter
Review of time entry and docket records, survey of timekeepers and preparation of audit
responses, including descriptions of reportable matters where appropriate.
05/19/11 1.10 T. Cooper
Review refunding numbers; email to E. Marquez and J. Tindal regarding same; telephone
conference regarding same; review revised numbers; email exchange with J. Tindal.
05/19/11 0.80 L. Reiter
Review of First Southwest refunding numbers; o-mails regarding same; call with E. Marquez
and J. Tindal regarding assumptions in numbers and publicly offered bonds vs. bank loan.
05/20/11 0.50 L. Reiter
Review of FMLC bond documents and SunTrust Loan documents regarding redemption
provisions; review of new number runs prepared by First Southwest; entails regarding same.
05/23/11 1.00 T. Cooper
Conference call.
05/23/11 1.50 L. Reiter
Conference call with H. Mirabile, A. Riverol, E. Marquez and J. Tindal to discuss number runs,
refinancing options, presentation to Commission and discussions with FMLC and SunTrust;
follow -up conference call with E. Marquez regarding financing schedule and review and
comment on schedule.
05/23/11 0.20 D. Wall
Emails with Sean ONeill (SEC attorney), Tom Pepe regarding additional SEC subpoena for
records.
05/24/11 120 T. Cooper
Review mark up of Commission resolution, comments, review revised version, sign off.
05/24/11 2.30 L. Reiter
Review of draft resolution approving IRS settlement; comments regarding same and redrafting;
SQUIRE, SANDERS & DEMPSEY (US) LLP
028597.00004
06/02/11 South Miami, City of / Municipal Parking Garage
Page 3 Invoice Number: 8638392
distribution to working group; calls and e•mails regarding same; review of antrdilution test
schedules.
05/26/11 0.30 T. Cooper Telephone conference regarding Commission meeting.
05/26/11 3.50 L. Reiter Review of documents in preparation for Commission meeting; attendance at Commission
meeting.
05/26/11 0.40 D. Wall Review and evaluate new subpoena addressed to Thomas Pepe; telephone call with Sean
O'Neill of SEC enforcement office regarding same.
05/27/11 0.80 D. Wall Review City Commission action regarding potential IRS settlement and email SEC attorney
regarding same; email with Tom Pepe regarding SEC additional subpoena and requested
testimony of Adrianna Hussein; evaluate issues regarding sLbpoena, proposed testimony, and
05/31/11 1.50 T. Cooper Telephone conference regarding redemption; telephone conference with J. Theberge regarding
status, need to call S. Haycock regarding settlement agreement; regarding overall cost;
telephone conference with J. Theberge and S. Haycock regarding same.
05/31/11 0.20 P. Hernandez Review City Charter relating to requirements for incurring debt.
TOTAL HOURS FOR THIS MATTER: 32.20
TOTAL SERVICES: $ 21,472.00
DISBURSEMENT SUMMARY
Telephone
142.37
TOTAL. DISBURSEMENTS: $ 142.37
06/02/11
Page 4
MATTER TOTAL
SUBTOTAL SERVICES:
LESS 16.0% DISCOUNT:
SERVICES LESS DISCOUNT:
TOTAL DISBURSEMENTS:
TOTAL AMOUNT DUE FOR THIS MATTER:
SQUIRE, SANDERS & DEMPSEY (US) LLP
028597.00004
South Miami, City of / Municipal Parking Garage
Invoice Number: 8638392
$ 21,472.00
$ (2,147.20)
$19,324.80
$142.37
$19,467.17