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1To: From: Date: SUbject: Background: Amount: Account No. CITY OF SOUTH MIAMI OFFICE OF THE CITY MANAGER INTER-OFFICE MEMORANDUM The Honorable Mayor & Members of the City Commission South Miami hO~ mp 2001 Hector Mirabile, Ph.D., City Managelf I June 5, 2012 Agenda Item No.:L A Resolution directing the City Manager to pay Luis Reiter, with the firm of Squire Sanders (US) LLP the sum of $4,021.93 for services rendered for the period April 9, 2012 to April 17, 2012; charging account no. 001-1500-514- 3410 legal services-litigation. The City Commission of the City of South Miami approved Resolution No. I 15-10-13149, employing the Law Firm of Squire Sanders and Dempsey, LLP (the name has changed to Squire Sanders (US), LLP) on behalf of the City of South Miami to serve as Bond Counsel for the City on an "as needed" basis. These expenditures are related to Municipal Parking Garage. $ 4,021.93 Legal Services -Litigation 001-1500-514-3410 with a balance of $ 157,760.89 before expenditures. Backup Documentation: Letter dated May 3, 2012 from Mr. Luis Reiter Original Invoice Number: 8706681 Invoice dated: 05-03-2012 1 RESOLUTION NO .. ___ _ 2 3 A Resolution directing the City Manager to pay Luis Reiter, with the firm of 4 Squire Sanders (US) LLP the sum of $4,021.93 for services rendered for the 5 period of April 2012; charging account no. 001-1500-514-3410 legal services- 6 litigation. 7 8 WHEREAS, the City Commission of the City of South Miami approved Resolution No. 9 115-10-13149, employing the Law Firm of Squire Sanders and Dempsey, LLP (the name has 10 changed to Squire Sanders (US), LLP) on behalf of the City of South Miami to serve as Bond 11 Counsel for the City on an "as needed" basis; and 12 13 WHEREAS, Mr. Reiter has submitted an invoice in the amount of $4,021.93 for the 14 period of April 2012; and 15 16 WHEREAS, the City Attorney has· examined the invoice and recommends payment 17 based upon prior contract adopted by Resolution No. 115-10-13149 dated June 2, 2010. 18 19 NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY 20 COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA, THAT: 21 22 Section 1. The City Manager is hereby directed to pay Squire Sanders (US) LLP the sum 23 of $4,021.93 for its legal services as Bond Counsel; charging account no. 001-1500-514-3410, 24 Legal Services-Litigation, with a current balance of $ 157,760.89. 25 26 Section 2. This Resolution shall take effect upon adoption. 27 Passed and adopted this __ day of ____ 2012. 28 ATTEST: APPROVED: 29 30 31 32 CITY CLERK MAYOR 33 34 COMMISSION VOTE: 35 Mayor Stoddard: 36 Vice Mayor Leibman: 37 Commissioner Newman: 38 Commissioner Harris: 39 Commissioner Welsh: 40 READ AND APPROVED AS TO FORM 41 LANGUAGE, LEGALITY AND 42 EXECUTION THEREOF: 43 44 CITY ATTORNEY SQUIRE SANDERS (US) LLP BEIJING· BERLIN' . BIRMINGHAM' . BRATISLAVA· BRUSSELS'· BUDAPEST' CINCINNATI· CLEVELAND· COLUMBUS' FRANKFURT· HONG KONG· HOUSTON' KYIv, LEEDS* . LONDON *. Los ANGELES' MADRlD*' MANCHESTER* . MIAMI· Moscow· NEW YORK' NORTHERN VIRGINIA PALO ALTO' PARlS* . PERTH * * . PHOENIX' PRAGUE· RIODEJANEIRO' SANFRANCISCO' SANTODOMINGO' SHANGHAI· SINGAPORE· TAMPA' TOKYO· WARSAW· WASHINGTONDC· WESTPALMBEACH INDEPENDENT NETWORK FIRMS: BEIRUT . BOGOTA· BUCHAREST' BUENOS AIRES· CARACAS' LA PAZ' LIMA . PANAMA· RIYADH' SANTIAGO City of South Miami, Florida Alfredo Riverol, CPA Cr.F A Finance Director South Miami City Hall 6130 Sunset Drive South Miami, Florida 33143 Municipal Parking Garage Fees: Less Discount on Services: Dis bursements: Amount Due for this Invoice: Remit Check Payments to: Squire Sanders (US) LLP P.O. Box 643051 Cincinnati, OR 45264 Phone: 216.687.3400 Fax: 216.687.3401 INVOICE SUMMARY PAYMENT INSTRUCTIONS Remit Wire Payments to: Squire Sanders (US) LLP US Bank 425 Walnut st. Cincinnati, OR 45264 Bank Routing #042000013 Bank Account #576762314 For Wires outside the US: US Bank, USA SWIFT Code: USBKUS44IMT Bank Account #576762314 Invoice Number: Invoice Date: Matter Number: 8706681 05/03/12 028597.00004 $ 4,463.50 $ (446.35) $ 4.78 $ 4,021.93 Direct Billing Inquiries to: Luis Reiter 200 South Biscayne Boulevard Suite 4100 Miami, FL 33 131 United States Phone: +1.305.577.7000 Fax: + 1.305 .577.7001 email: luis.reiter@squiresanders.com Please Include Reference Number 8706681.28597 with all Payments Tax Identification Number 34-0648199 Squire Sanders (US) LLP is part of the international legal practice Squire Sanders which operates worldwide through a number of separate legal entities. Please visit squiresanders.comfor more information. *Squire Sanders (UK) LLP **Squire Sanders (A U) SQUIRE SANDERS (US) LLP 05/03/12 Page 1 MUNICIPAL PARKING GARAGE DATE 04/09112 04/09112 04/09/12 04111112 04112112 04112112 04113/12 04113112 04117112 HOURS 0.50 1.30 0.30 l.l0 0.80 1.40 0.80 0.60 0.10 TIMEKEEPER T. Cooper L. Reiter D. Wall D. Wall L. Reiter D. Wall L. Reiter D. Wall D. Wall TOTAL HOURS FOR THIS MATTER: TOTAL SERVICES: 028597.00004 South Miami, City of / Municipal Parking Garage Invoice Number: 8706681 LEGAL SERVICES NARRATIVE Email exchange regarding cost to City to retire old debt. Review of Sun Trust financing and defeasance documents in order to provide costs to City for submission to the SEC; e-mails regarding same; follow-up calls. Emails with Sean O'Neill of the SEC regarding additional request for information and initial analysis of information request. Email with Sean O'Neill of SEC enforcement office and investigate information in response to SEC request regarding cost to City of South Miami to refund bonds. Review of final number runs for 2011 refinancing regarding costs toCity for submission to SEC; calls and e-mails regarding same. Review and evaluate First Southwest report and other documents for information for response to SEC question; telephone call with Joel Tindal of First Southwest regarding same. Drafting statement as to additional costs of refinancing for submission to SEC. Prepare detailed email responding to SEC enforcement attorney's request for additional information. Email Tom Pepe regarding status of SEC matter. 6.90 $ 4,463.50 SQUIRE SANDERS (US) LLP 05/03/12 Page 2 Telephone TOTAL DISBURSEMENTS: SUBTOTAL SERVICES: LESS 10.0% DISCOUNT: SERVICES LESS DISCOUNT: TOTAL DISBURSEMENTS: TOTAL AMOUNT DUE FOR THIS MATTER: DISBURSEMENT SUMMARY MATTER TOTAL 028597.00004 South Miami, City of / Municipal Parking Garage Invoice Number: 8706681 4.78 $4.78 $ 4,463.50 $ (446.35) $ 4,017.15 $4.78 $ 4,021.93