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Res No 201-10-13235RESOLUTION NO. 201 -10 -13235 A Resolution of the Mayor and City Commission of the City of South Miami, Florida, relating to attorney fees; approving attorney fees for Squire Sanders and Dempsey, LLP in the amount of $46,908.64; charging account No. 001.1500.514.3410; and providing an effective date. 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 invoice for the services rendered in August of 2010 to the City in the amount of $46,908.64; 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: Section 1. The invoices for attorneys' fees received from Squire Sanders and Dempsey, LLP in the total amount of $46,908.64 are approved for payment; charging account No. 001.1500.514.3410, with a current balance of $12,438.19 and an anticipated balance of $119,438.19, after the approved Budget Transfer. Section 2. This resolution shall take effect immediately upon approval. PASSED AND ADOPTED this 21 day of Sept. 2010. ATTEST: �rY� h ciERx'" ��, READ AND APPROVED AS TO FORM AND SSUUFFFICIENCY: CITY ATTORNEY APPROVED: MAY R COMMISSION VOTE: 5 -0 Mayor Stoddard: Yea Vice Mayor Newman: Yea Commissioner Palmer: Yea Commissioner Beasley: Yea Commissioner Harris: Yea Additions shown by underlining and deletions shown by e eFs#i ;ice. CITY OF SOUTH MIAMI OFFICE OF THE CITY MANAGER INTER - OFFICE MEMORANDUM To: The Honorable Mayor & Members of the C' ommission From: Laurence Feingold, City Attorney Date: September 13, 2010 Agenda Item No.: A Resolution of the Mayor and City Commission of the City of South Miami, Florida, relating to attorney fees; approving Subject: attorney fees for Squire Sanders and Dempsey, LLP in the amount of $46,908.64; charging account No. 001.1500.514.3410; and providing an effective date. 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 Background: South Miami to serve as ;Bond Counsel for the City on an "as needed" basis; Squire Sanders and Dempsey, LLP submitted invoice for the services rendered in August of 2010 to the City in the amount of $46,908.64 Supporting Documentation: Invoice No. 8578854 SQun, SANI)Ei Ra & DEmpsEY L.L.Pv BMING• BRATISLAVA- BRUSSELS• BUDAPEST- CARACAS• CINCINNATI. CLEVELAND. COLUMBUS• FRANKFURT, BONG KONG. IiOUSTON• KYIV• LONDON, LOSANGELES• MLAASI, Moscow. NERtYORY.• PALOALTO• PHOENIX- PRAGUE, RIODEJANEYRO. SANFRANCtsco• SANTO DOMINGO -SAO PAULO• SBANGHAI• TALLAHASSEE. TAMPA. TOKYO. TYsONSCORNBR• WARSAW- WASMOTONDC• WL•STPALMBBA U " . INDCPENDENTNE7WORK FIRMS: BEIRUT -BOGOTA BucNAEGST- BUENOS AHWS• DUBLIN -LA PAZ - LIMA -PANAMA -RIYADH • SANTIAGO - -- - -- City of South Miami, Florida Laurence Feingold, Esq. City Attorney South Miami City Hall 6130 Sunset Drive South Miami, Florida 33143 Invoice Number: Invoice Date: Matter Number: 8578854 09/07/10 025597.00004 Municipal Parking Garage _ __ INVOICE SUMMARY Fees: $ 51,378.00 Less Discount on Services: $ (5,137.80) Disbursements: $ 668.44 Amount Due for this Invoice: $ 46,908.64 Remit Ctiee[c Payments to: Squire, Sanders & Dempsey L.L.P. PA, Box 643051 Cincinnati, 014 45264 Phone: 216.687.3400 Fax: 216.687.3401 PAYMENT INSTRUCTIONS Remit Wire Payments to: Squire, Sanders & Dempsey L.L.P. US Bank 425 Walnut St. Cincinnati, 0114 5264 Banlc Routing 0420000I3 Bank Account #1576762314 For Wires outside the US: US Bank, St. Louis MO 63101 USA SWIFT Code: USBKUS44STL Bank Account 4576762314 Direct BittingTn7uiries to: Estate of Kenneth M. Myers 200 Sowb Biscayne Boulevard Suito 4000 Miami, FL 33131 -2398 United States Phone: +1.305.577.7000 Fax: +1305,577.7001 email: aestrada@ssd.eom Please Include Reference Number 8578854.28597 with all Payments Tax Identification Number 34- 0648199 SQtgkj , SAND'ERS & - lkMPSEY L.L.P. BEIJING• BRATISLAVA- BRUssECS• BUDAPEST• CARAGAs. CIIICINNAT7. CLEmAND• COLUMaus- PRAMUVRT• iiom KONG, IiousTON- xny- LonoN- LOSANGGLES• MIAMI- Moscow, NKIVORIC• PALOALTO• PHOL•NIX- PRAGUE. RIODEIANEiRO- ' SANFRANCISCO• SANTO DOMINGO• SAOPAULO•- SHANGHAI. TALumssm- TAMPA• TOKYO-- TYsOMCORNER• WARSAW WASHINGTON.D.C•.WL•ST.PALM BEAC77 .. INDmMDENTNETWORK FIRMS: BEIRUT. BOGOTA BUCHAREST - BUENOS AIRES• DUBLIN - LA PAZ • LIMA • PANAMA - RIYADH- SANTIAGO City of South Miami, Florida Laurence Feingold, Esq• City Attorney South Miami City Ball 6130 Sunset Drive South Miami, Florida 33143 REMITTANCE COPY Mmij! i al Paritfn Gara e INVOICE SUMMARY Fees: Less Discount on Services: Disbursements: Amount Due for this Invoice: Randt ChecirPaytzzents to: Squire, Sanders & Dempsey L.L.P. P.O. Box 643051 Cincinnati, OI3 45264 Phone: 216.687.3400 Fax: 216.68 7.3401 PAYMENT INSTRUCTIONS Benz# Wire Payments to: Squire, Sanders & Dempsey L.L.P., US Bank 425 Walnut St. Cindmati, OH 45264 Bau1c Routing #042000013 Bank Account #576762314 For Wires outside the US: US Bank, St Louis MO 63101 USA SWIFT Code: USBKUS44STL Bank Account #576762314 Invoice Number: 8578854 Invoice Date: 09/07/10 .Matter Number: 028597.00004 $ 51,378.00 $ (5,137.80) $ 668.44 $ 46,908.64 DirectBMingbzquiries to. Estate of Kenneth M. Myers 200 South Biscayne Boulevard Suite 4000 Miami, FL 33131-2398 United States Phone: +1.305.577.7000 Fax: +1.305.577.7001 entail: aestrada@ssd.com Please Include Reference Number 8578854.28597 with all Payments Tax identification Number 34- 0648199 SpuIRr, SANDEZZS 8 DFmPsn, L.L.P. 028597.00004 09/07/10 South Miami, City of/ Municipal Parking Garage Page I ..Invoice NumUerrS578$54. MUNICIPAL PAW MG GARAGE LEGAL Smvicl±s DATE HOURS Ti YIMGIrI'ER NARRATIVE 09/01 /10 0.30 L Hutcbhtson Initial drafts to VCAP submission. 08/02/0 3.50 J. Hutchinson Edits to VCAP submission request and teleconference, regarding same. 08/02/10 2.60 D. Wall Preparation for SEC and South Miami officials meetings on August 3; emails regarding tax exemption issues and SEC status, and evaluation of SEC mad tax issues. 08/03/10 1.50 T. Cooper Review supplemental submission dM% mark up, email to arrange tkm to review tomorrow moming.. 08/03/10 08/03/10 08/03/10 1.00 T. Cooper Telephone conference to plan for Commission meeting. 6.30 J. Hutchinson Drafts to VCAP submission; teleconference regarding same; email correspondence regarding same; review of initial submission regarding same. 6.40 D. Walt Meetings with Mayor Stoddard, Commissioner Valerie Newman, Commissioner Walter Harris, Larry Feingold and Luis Reiter regarding status of SEC and IRS matters; meeting with Sue Curtin, Teresa Verges and additional SEC enforcement office attorney regarding SSC investigation; telephone call regarding IRS matter status; prepare for meetings with SEC and South Miami officials. 08/04/10 3.40 T. Cooper 08104/10 6.50 J. Hutchinson Telephone conference to provide comments, telephone conference with A. Riverol and left message regarding governmental use from league bonds and additional date on city financials, status to incorporate in VCAP; review revised draft, comments, telephone conference with A. Rivcrol regarding developer loan, public improvements, forensic auditors, telephone conference with A. Riverol regarding 2010 budget, layoffs, decreased revenues. Teleconference with Mr. Riverol regarding response to VCAP; teleconference; edits to VCAP response. 08/04/10 0. ?0 D. Wall Emalls whit Alfredo Riverol regarding MRP payments and use of bond proceeds; emails regarding VCAP and evaluate issues for VCAP submission to MS. 08/05/10 1.50 L. Reiter Review and coninient on IRS Supplemental Submission. 08/05/10 0.50 D. Wall Review and evaluate draft VCAP submission and emails regarding same; emails with Larry Feingold regarding potential insurance coverage. SQUIRE, SANDERS Ba DENIPSEY L.L.P. 028597.00004 09/07/10 South Miami, City of / Municipal Parking Garage Page 2 Invoice Number: 8578854 08/06/10 2.80 T. Cooper Review continents, edit draft supp. submission, telephone conference regarding IRM and 110% of exposure if more than 180 days after discovery. 08/06110 2.80 D. Wall Review and revise draft submission to IRS VCAP pogiam; review documents for factual information for VCAP submission; email& regarding same. 08/07/10 4.30 T. Cooper Review comments on revised draft of supp. submission, email exchanges regarding same; ; research of JRM regarding who has to sign given no actual ]mowledge and regarding penalties of perjury; malce changes and circulate draft; conference call to review and edt submission, fix, redline and send to A. Riverol and L. Feingold, 08!07/10 2.50 J. Hutebinson Review of drafts of VCAP submission, review of applicable Internal Revenue Manual provisions governing elements of VCAP submission and required declarations and penalties of perjury statements; teleconference. 08 /07/10 2.80 L. Reiter Preparation of VCAP submission; comments regarding same. 08/07/10 2.40 D. Wall Review and evaluate draft VCAP submission to IRS and conference call regarding revisions to same. 08/08/10 0.60 T. Cooper Email exchange with L. Feingold regardi g draft of supp. submission, email exchanges regarding same. 08/08/10 1.00 J. Hutchinson Review of VCAP submission edits and email correspondence with internal worldng group regarding same. 08/08/10 0.90 D. Wall Work on factual issues for VCAP submission and emails with Larry Feingold regarding same. 08/09/10 0.50 J. Browning Tallcs regarding audit matters. 08/09/10 2.80 T. Cooper Telephone conference regarding paragraph3 of statements of good faith; conference call with L. Feingold regarding same, revise per L. Feingold's comrnents and redline out internally, send clean to J. Theberge. 08/09110 1.50 J. Hutchinson Teleconference regarding updated submission; email correspondence regarding same. 08109!10 1.80 L. Reiter Review of emails and responses regarding issues raised by L. Feingold; conference call with L. Feingold to resolve issues; review of now draft of VCAP submission. 08/09/10 3.10 D. Wall Multiple emails with Larry Feingold regarding VCAPsubmission, tax law requirements for avoiding private activity bond fording; conference call with Larry Feingold regarding VCAP submission revisions; review and evaluate revised VCAP submission language. SQUIRE, SANDiRs & DEMPSEX L.L.P. 028597.00004 09/07/10. South Miami, City of / Municipal Parking Garage Page 3 Invoice Number: 8578854 08/10/10 0.60 T. Cooper Email exchange regarding developer does not pay on $300,000 portion of 2008 B of A loan because that was the street and sidewalk project. 08/10/10 0.60 J. Hutchinson Voicemail and email correspondence with Mr. Wveroi regarding use of proceeds for qualified purposes. 08/10/10 2.80 D. Wall Work on development of search trims for email searches requested by the SEC; emails with Larry Feingold and Alfredo Riverol regarding email searches requested by the SEC, VCAP submission and factual information for same, use of bond funds; telephone call with Alfredo Riverol regarding email server and searches. 08 /I1 /10 1.00 T. Cooper Review J. Theberge's redline draft of VCAP supplemental submission, email exchange regarding we are signed off on J. Theberge's changes and that we will share the SEC submission.' 08/11/10 0.20 J. Hutchinson Review of correspondence with IRS regarding VCAP. 08/11110 2.10 D. Wall Compile and revise draft lists of search terms and files for email searches requested by the SEC; emails and telephone calls with Larry Feingold, Alfredo RiveroI, Dennis Dublois (City's information technology contractor), Sue Curtin (SEC enforcement attorcey) regarding email searches for SEC, League of Cities revisions to draft: VCAP submission, Luis Figueredo public records request, revisions to email search lists; and evaluation of same. 081I2/io 2.70 T. Cooper Telephone conference regarding L. Peingold's sign off; email to J. Theberge authorizing, email exchange with J. Theberge regarding delete "that" in fast paragraph of Resolving Non qualified Use, email exchange with J. Theberge regarding add loan agreement to list of enclosures, email to J. Theberge regarding need clean copy for signature page, email exchange regarding completed VCAP package for SEC; email exchange with J. Theberge regarding he needs 2009 loan agreement, pdf loan agreement to J. Theberge, telephone conference with L. Feingold regarding sending his signature by FedEx; review email from J. Theberge regarding keeping BMO apprised, email regarding same. 08/12/10 0.20 J. Hutchinson Email correspondence with working group. 08/12/10 0.40 D. Wall Evaluate revisions to draft VCAP submission, and emails with Larry Feingold regarding same and regarding sharing of information with BMO. 08/13/10 1.20 T. Cooper Email exchanges regarding sharing VCAP information with BMO, email to L. Feingold regarding sauce, telephone conference with J. Theberge regarding same, email exchange with L. Feingold regarding same. 08/13/10 0.90 D. Wall Review and evaluate final draft VCAP submission and review official statement attachments; emails with Larry Goldfein and John Theberge related to same and factual information, SQUInE, SANDERS & DEMPSEY L.L.P. 028597.00004 09/07/10 South Miami, City of /Municipal Parking Garage Page 4 invoice Number: 8578854 document production to SEC, sharing of VCAP submission with BMO. 08/15/10 1.10 A. Walt Compile information regarding City covenants and representations and emails with Larry Feingold and Warren Trazenfeld regarding same. 08/16/10 0.90 D. Wall Telephone call with Ana Santa Ana regarding Municipal insurance Trust coverage; telephone call with Larry Fenigold regarding SEC investigation; emails with Larry Feingold, Alfi-edo Riverol and Luis Figueredo regarding SEC investigation, email searches, relevant City documents, BMO conflicts. 08/17110 0.30 T. Cooper Telephone conference regarding no tax law rules governing public records. 08/17/10 0.30. A. Goth Review data volume from vendor and approve for shipment to SEC. I 08/17/10 0.70 D. Nall Telephone call with City's insurance counsel regarding potential claims,.stams of SEC and IRS matters, and background facts relevant to possible claims and insurance coverage; letter to Sue Curtain (SEC enfoieement attorney) regarding VCAP submission tolRS. 08/19/10 0.30 T. Cooper Review and a -mails regarding NJ settlement with SEC. 08/19/10 0.30 D. Wall Emails with Alti•edo Riverol, Lang Feingold and Dennis Deblois regarding SEC investigation and email searches. 08/20/10 0.10 D. Wall Emails with Dennis Deblois regarding email search progress. 08/23/10 0.30 T. Cooper Telephone conference with J. Theberge and S. haycock. 08/23/10 0.20 D. Wall Emails with Dennis Dublois, Emily Cardoso and Alfredo RiveroI regardiagemail searches. 08/25/10 0.10 D. Wall EmaUs with Emily Cardoso regarding email searches. 08/26/10 0.10 D. Wall Emails with Emily Cardoso regarding email searches and CDs. 007/10 1.30 D. Wall Emails with Larry Feingold and Warren Trazenfeld regarding documents requested, and compile documents; review and evaluate disks of emails received from City's IT consultant today.. _I 08/27/10 3.40 S. Young Search electronic database and retrieve documents requested by Laurence FeingoId; work - regarding the same. 08/28/10 3.30 D. Wall , Review and evaluate City of South Miami emails hum City's IT consultant, review and evaluate Adriana Hussein email folders for content, and evaluate searches for relevant documents for production to SEC. SQTi1RL, SANDERS & DEMPSEY L.L.P. TOTALHOURs ro)a Tars MAT mz: TOTAL SLRViCGS: Express Mail - Fedex Express Mail - Fedex DIS;3URSEMENT SUMMARY VENDOR: FEDERAL EXPRESS INVOICE#: 719490948 DATE: 8/18/2010 FedFx Delivery; Tracking :792203845208 Send By: Todd L Cooper - Squire, Sanders & Dempsey LLP Shipped On: 08122DI0; Shipped to: John Theberge, Holland & Knight, ; 2099 Pennsylvania Ave NW Ste 1, WASHINGTON, DC 20006; Received On: 08132010;028597.00004 VENDOR: FEDERAL EXPRESS INVOICE#: 720295059 DATE: 8/25/201p FedEx Delivery; Tracking :971292538788 Send By: Wall Donald A-SQUM SANDERS & DEMPSEY LLP Shipped On: 08172010; Shipped to; Sue Curtin Senior Counsel, U S Securities and Exchange, ; Southeast Regional Office, MIAMI, FL 33131; 97.60 $ 51,378.00 11.32 13.66 028597.00004 09107/10 South Miami, City of / Municipal Parking Garage Invoice Number: 8578854 page $ 08/29110 0.50 D. Wall Emalls with Larry Feingold regarding documents in Hussein folder and email search status and process. 08/30/10 0.40 D. Wall Collect requested documents and email Warren T7azenfeld regarding same; emailswith Larry Fehhgold and Alfiedo Riverol regarding parking garage expenses. 08/31110. 1.90 A. Goth Call with K Guibleben, D. Wall and S.J. Young regarding exclusionary search terms (.8); Run exclusionary search terms to identify nonrelevant materials (1.1) 08131/10 2.00 K Guthleben Load 14 Consultant CDs provided by Finance Director -- City of South Miami. 08/31/10 1.00 K. Guthleben Teleconference to prepare exclusion list for searching 371 pst files from Consultant CDs to reduce universe of document to review. 08/31/10 0.90 D. Will Narrow, and refine terms for email assessment and conference with IT people regarding same, and regarding ways to reduce volume of emails which need to be reviewed or produced. 08/31/10 1.50 S. Young Work with Don Well and litigation support regarding client oniails and options to eliminate those documents that are not pertinent to the on -going lawsuit; address various searches to be terms to assist with document proiuction to the SEC. conducted regarding multiple search TOTALHOURs ro)a Tars MAT mz: TOTAL SLRViCGS: Express Mail - Fedex Express Mail - Fedex DIS;3URSEMENT SUMMARY VENDOR: FEDERAL EXPRESS INVOICE#: 719490948 DATE: 8/18/2010 FedFx Delivery; Tracking :792203845208 Send By: Todd L Cooper - Squire, Sanders & Dempsey LLP Shipped On: 08122DI0; Shipped to: John Theberge, Holland & Knight, ; 2099 Pennsylvania Ave NW Ste 1, WASHINGTON, DC 20006; Received On: 08132010;028597.00004 VENDOR: FEDERAL EXPRESS INVOICE#: 720295059 DATE: 8/25/201p FedEx Delivery; Tracking :971292538788 Send By: Wall Donald A-SQUM SANDERS & DEMPSEY LLP Shipped On: 08172010; Shipped to; Sue Curtin Senior Counsel, U S Securities and Exchange, ; Southeast Regional Office, MIAMI, FL 33131; 97.60 $ 51,378.00 11.32 13.66 09/07/10 Page 6 Received On: 08182010; 028597.00004 Online services - Lexis/Nexis Image Printing Printing/duplicating•in-house Telephone TOTAL DISBURSEMENTS* SQUIRE, SANDERS & DEmpsEy L.L.P. 028597,00004 Souti, Miami, City of / Municipal Parking Garage invoice Number: 8578854 0.03 437.40 10.26 195.77 $668,44 MATTER TOTAL SUBTOTAL SrRNnczs; $51,378.00 LESS 10.0% DiscouNT., (5,137.80) spuyars LESS Discouw: 46,240.20 ToTALDIsEuRszmz,NT8: $668.44 TOTAL AMOUNT DUD FOR THIS MATTER: $ 46,90&64 SQT n B, SANDERS & DEWSES L.U. p7}'� 200 South&ia yne Boulevard, Suite 410D fv,+�S� cTTTTU'��1177. }V}((.^^% .18GAL _ Miami.Fi 33131 r �..L!"AI, ERS WORLDWIDE Office; =+ 1305.577.7001 September 8, 2010 Alfredo Riverol, CPA Cr.FA Finance Director City of South Miami, Florida 6130 Sunset Drive South Miami, Florida 33143 Re: Municipal Parking Crarage Indebtedness Dear Alfredo: Enclosed please End our statement for services rendered and costs incurred for the month of August, 2010 in connection with the captioned matter, As you will see, the statement reflects the agreed -upon 10% discount. As we have discussed with Larry, our monthly invoices will varyr from month to month based on the work having to be done during the month and prior invoices have been Below the $30,000 average monthly invoice estimated by Larry. In fact, on an average basis over the four months we have invoiced the City, including the enclosed invoice, the average has been below $30,000. The larger invoice for this month reflects the fact that during the month of August, we spent a very substantial amount of time preparing the IRS VCPA submission, discussing it with counsel to the FMLC and filing the same with the IRS, as well as preparing for and meeting in person with the SEC. You will note from the invoice that, as I had promised Larry, although I devoted much time to this matter during August, very little of my time was billed to the City. Finally, as also discussed with Larry, we have not billed the City for Don Wall's travel costs to Miami in order to appear before the Commission and meet with the SEC. We appreciate the opportunity of being of service to the City. Should you have any questions, please do not hesitate to call. LR:ge Enclosure cc: Laurence Feingold, Esq. NffAMU4258984.1