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31 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 RESOLUTION NO. ______ _ 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 _ day of ____ " 2011. ATTEST: APPROVED: CITY CLERK MAYOR READ AND APPROVED AS TO FORM, LANGUAGE, LEGALITY AND EXECUTION THEREOF: COMMISSION VOTE: Mayor Stoddard: Vice Mayor Newman: Commissioner Palmer: Commissioner Beasley: Commissioner Palmer: CITY ATTORNEY Commissioner Harris: Additions shown by underlining and deletions shown by 8'fOfstrikffig. LEGAL COUNSEL WORLDWIDE o Alfredo Riverol, CPA Cr.FA Finance Director City of South Miami, Florida 6130 Sunset Drive South Miami, Florida 33143 August 3, 2011 Re: Municipal Parking Garage Dear Alfredo: o SQUIRE, SANDERS & DEMPSEY (US) LLP zoo South Biscayne Boulevard, Suite 4100 Miami, FL 33131 Office: +1.305.577.7000 Pax: +1.305.577.7001 Enclosed please find our statelllent 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. LR:ge Enclosure co: Thomas Pepe, Esq. MlAMl/4269447.1 Very D:u1)) yours, d' o 0 ,. SQUIRE, SANDERS & DEMPSEY (US) LLP BmllNG· BJ?RLIN"· BIRMINGl!Aw, BRA TlSLAVA' BRUSSELS' -BUDAPEST -ClNClNNATl -CLEVELAND -COLUMBUS· FRANKFURT -HONO KONO -HoUSTON -KYIV· LEEDS'· LoNDON'· Los ANGELES· MADRID" MANCHESTER' . MIAMI -Moscow -NEW YOlU: -NOItTIllll<N V1RGlN1A> PAWALTO -PAlUS· -PHOENlJ(' PRAGUE -RlOPEJANEIRO' SANI'ltANClSCO' SANTO DOMINGO-S}'oPAULO-SHANGHAI-TAMPA-Tono· WAlli>AW-WASIllNGTONDC· WIlSTPALMBEACH INPJlI'BNPENTNETWORI( FIRMS: BEIRUT' BOGOTA· BUCl!AR.EST -BUENOS AmES· CARACAS· 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 Fees: Less Discount on Servi.ces: Disbursements: Amount Due for this Invoice: Rlflllii Check Payments to: Squire,. Sanders &.D.empsey(lJS) LLP. P.O. Box 64305 J Cincinnati, OH 45264 Phone: 216.687.3400 Fox: 216.681.3401 INVOICE SUMMARY PAYMENT INSTRUCTIONS Remit Wire Paymellts to: Squire, Sanders & Dempsey (\JS) LLP US Bank 425 Walnut St Cincinnati, OR 45264 Bank Routing #042000013 Bank Account #576162314 For Wires outside the US: US BanIc, USA SWlFTCode: USBKUS44IMT Bank Account #576762314 Invoice Number: hwoice Date: Matter Number: 8650077 08/03/11 028597.00004 $ 16,191.00 $ (1,619.10) $ 186.94 $14,758.84 Diree/ Billing Inquiries to: .Luis Reiter 200 South Biscayne Boulevard Suite 4100 Miami, FL 3313J United States Phone: + 1.305.571.7000 Fox: +1.305.577.7001 email: LUis.Reiter@Ssd.com Please Include Reference Number 8650077.28597 with all Payments Tax Identification Number 34-0648199 Squire, Sanders & Dempsey (US) UP is part of the international legal practice Squire, Sanders & Dempsey which practices in locations worldWide th"ough a number of separate legal entities. Please visit W11;w.ssd com for mOre information. *Squire, Sanders & Dempsey (UK) LLP -.. -------.~--.-----.-.. --.--~---.---------------.. 08/03/J1 Page I MUNICIPAL PARKING GARAGE DATE HOURS TI~mKEEPER 06/14111 0.40 D. Wall 07/08111 0.70 T. Cooper 0711J/lI 0.40 T. Cooper 07111111 0.80 L. Reiter 07112/11 0.50 T. Cooper 07/13/11 0.70 T. Cooper 0'7/15/11 0.20 T.Cooper 07/16/11 0.60 D. Wall 07118111 1.80 T. Cooper 07/18111 I. 80 L. Reiter 07/19/11 1.80 LCooper LEGAL SERVICES NARRATIVE SQo, SANDERS & DEMPSEY (US) LLP 028597.00004 South Miami, City of 1 MUllicipal Parking Garage !:nYoice Number: 8650077 Prepare status report on SEC investigation and email to T. Pepe. Telephone conference with J. Tindal and E. Marquez regarding mnllbers and cash flow implications, options, email exchange with E. Marquez and J. Tindal regarding same. Email exchange with T. Pepe regarding private activity and private loan history and why we only have to redeem some bonds. Review of ""mail from Ci1y Attorney with questions on bonds; preparation of !>mail with responses; call with E. Marquez regarding selection of financing option. Email to S. Haycock regarding need written methodology, forward tlat email to T. Pepe, et at Email exchange with S. Haycock regarding numbers, telephone conference with J. Theberge regarding same, forward to ci1y working group. Telephone conference regarding August 1 deadline. Review 2002 and 2005·06 transaction documents and ernails with Tom Pepe regarding Mark Richman Properties' knowledge ofFMLC financing at the thoes of the transactions. 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 ordimmce. Call with A. Riverol regarding status of Loan approval; ",mails regarding potential issue to discuss with City regarding IRS Settlement; ",mails with T. Pepe regarding Authorizing Resolution and docnmeots to be approved; conference call with City to discUSl IRS issue and moving forward with Loan. Telephone conference with 1. Theberge regarding WHEREAS clause D and 2nd sentence of Section 3 of settlement agreement, forward to working group, email exchacge with T. Pepe regarding consent to disclose to MRP not needed; telephone confereuce with S. Haycock and J. 08/03111 Page 2 07120/11 0.20 T. Cooper 07121111 0.50 T. Cooper 07121111 0.60 T. Cooper 07121/11 0.20 T. Cooper 07121111 0.10 D. Wall 07122111 1.20 T.Cooper 07123111 0.10 T. Cooper 07125111 0.40 D. Wall 07/261ll 1.30 T. Cooper 07/26/1I 0.10 D. Wall 07/27111 2.10 T. Cooper 071271ll 0.50 D.-Wall 07128111 1.80 T. Cooper 07128111 0.90 T. Cooper S~ SANDERS & DEMPSEY (US) LLP 028597.00004 South Miami, City of 1 MuniCipal Parlcing Garage Invoice Number: 8650077 Theberge regarding same; email exchange with T. Pepe regarding MRP proposal to turn garage back over to the City. Email exchange with J. Tindal regarding settlement amount not certain until closing date is celtain. Email exchange with J. TindaJ regarding 8038 for League bonds; followup regarding sanle. Telephone conference with J. TindaJ regarding settlement amount and redemption of league bonds. Telephone conference regarding settlement v. closing agreement. Emalls regarding IRS negotiation status and evaluate as relevant to SEC Investigation. Find and send 2002 8038-<3 to J. Tindal, email to J. Theberge to ask for 2006 803 g-G; email exchange with S. Haycock regarding we are rumring out ofthne, forward email chain to City. Email to S. Haycock and J. Theberge regarding City Commission ordinance. Review and evaluate questions regarding SEC status and emails In response to same. Email exchange with J. Theberge regarding concerns about thning and no IRS response yet, emllllexcl1ange with S. Haycoclcregal'ding pool v. individu1l11o!iil, research same, selid emails to working group, telephone conference with J. Theberge regarding same. Emails with Thomas Pepe regarding SEC investigation status, In response to questions. Telephone conference regarding release ofVCAP submission; email exchange with S. Haycock regarding call Oll Thursday; email exchanges wih S. Haycock regarding substantive point and research regarding same, regarding timing; telephone conference with J. Theberge regarding call tomorrow. Review files as relevant to request for information; emails with Tom Pepe regarding same. Conference call with S. Haycock, A. Dripps and M. Snllivan (IRS). Telephone conference with S. Haycock, J. Theberge regarding conference call, options, ask S. Haycoclc to recalculate; telephone conference with T. Pepe, A. Riverol and H. Mirabile regarding status and options. ------_._---------------- 08/03/11 Page 3 07/28/11 07/29/11 07/29/11 0.50 D. Wall 3.60 T. Cooper 0.80 D, Wall TOTAL HOURS FOR THIS MATTER: TOTAL S)!;RVICES: Telephone TOTAL DISBURSEMENTS: n "" SQO, SANDERS & DEMPSEY (US) LLP 028597.00004 South Miami, City of I Municipal Parking Garage Invoice Number: 8650077 Review lind evaluation of information for questions; review and collect information for Tom Pepe. Email exchanges with S. Haycock, J. Theberge regarding recalculation and City unwilling to accept higher payment or higher redemp1ion; telephone conference regarding status; telephone conference with J. Theberge regarding same; email regarding options; telephone conference with T. Pepe and A. Riverol regarding sanle; email exchange with S. Haycock and J. Theberge regarding call; conference call with S. Haycock and J. Theberge regarding City's response. Email with Tom Pepe regru'ding documents produced to SEC; compile and send copies of documents and correspondence with SEC. . 24.60 $ 16,191.00 DISBURSEMENT SUMMARY 186,94 $186.94 ..... _--_ .. __ ..• --.................... _-_ .. __ .. -... _-_._---_ ....... _-_._-------,--" 08/03111 Page 4 SUllTOTAL SERVICES: LESS 10.0% DISCOUNT: SERVICES LESS DISCOUNT: TOTAL DlSB1JRSEMllNTS: TOTAL AMOUNT DUE FOR THIS MA.TTER: o MATTER TOTAL -~ .. ---.-"---.----,--------~.--.-........ ' .... '-._------..... _----,---_._--_. __ ._--_ .... _-_ ... . o SQUIRE, SANDERS & DEMPSEY (US) LLP 028597.00004 South Miami, City of I Municipal Parking Garage Invoice Number: 8650077 $16,191.00 $ (1,619.10) $14,571.90 $186.94 $14,758.84