Res. No. 126-08-12723SOLUTION PTO. 126-08-12723
Q1 MA
WHEREAS, as requested by the City Commission during July 22, 2008 City
Commission meeting, we are requesting a transfer of $5,200.00 to cover legal fees from
the Pension Attorney — Sugarman & Susskind; and
WHEREAS, the Mayor and City Commission desire to transfer sufficient funds
from account no. 001-2100-519-99-21, Settlements to account no. 001-2100-519-3457,
Contractual, to pay Pension Attorney's services to qualify the Pension Plan.
*6104 1 IN I R 64 M 64 to) a I Me I wo I I VA Lei INW4061111 1 01011
Section 1. The Mayor and City Commission approves the transfer of
$5,200.00 from account no. 001-2100-519-99-21, Settlements to account no. 001 -2100-
519 -3457, Contractual, to pay Pension Attorney's services to qualify the Pension Plan.
Section 2. This resolution shall take effect immediately upon approval.
PASSED AND ADOPTED this il-4 day of 2008
ATTEST:
dfY CLERK
COMMISSION VOTE:
4-0
Mayor Feliu:
Yea
Vice Mayor Beasley:
Yea
Commissioner Wiscombe:
absent
Commissioner Palmer:
Yea
Commissioner Beckman:
Yea
SOUTfj
CITY OF SOUTH MIAMI
INTER-OFFICE MEMORANDUM
0 RIV
To: Maria M. Menendez Date: 8/27/08
City Clerk
From: Matilde G. Menendez
Finance Director
Copy: W. Ajibola Balogun
City Manager
South Miami
I
All-Amefica Cr itv
I I I
2001
RE: Addendum to correct account
number on Resolution No. 126 -08-
12723
This memorandum shall serve as a request to correct the account number submitted on the
second paragraph of the referenced resolution. It should read account. no. 001 - 2100 -99 -24
same as the resolution title. A copy of this memorandum shall serve as addendum to the
approved resolution.
Should you have any questions or comments, please do not hesitate to contact me.
lAtOW 1�2011
-y
CITY OF SOUTH MIAMI
INCORPORATED ° a go OFFICE OF THE CITY MANAGER 2 . 001 0
INTER-OFFICE MEMORANDUM
To: The Honorable Mayor & Members of the City Commission
From: W. Ajibola Balogun, City Manager oz-17"
Date: August 5, 2008 Agenda Item No.:
Subject: Transfer of funds to pay Pension Attorney per City Commission's request during July 22,
2008 City Commission Meeting.
Request: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY
OF SOUTH MIAMI, FLORIDA, RELATING TO BUDGET; AUTHORIZING A
TRANSFER OF $5,200.00 FROM ACCOUNT NO. 001-2100-519-99-24,
SETTLEMENTS TO ACCOUNT NO. 001-2100-519-3457, CONTRACTUAL;
PROVIDING AN EFFECTIVE DATE.
Request: Authorizing the City Manager to transfer $5,200.00 from Account Number 001 -21 bO-519-
9924 to Account Number 001-2100-519-3457.
Reason/Need: As requested by the City Commission, the attached Resolution is requesting
approval to transfer funds to accommodate unbudgeted payment to Sugarman &
Susskind (Pension Attorney) for services rendered to quality the Pension Plan.
With this approval funds will be available in the non-departmental (Contractual)
line item of the current budget to pay the attached $12,100 Invoice addressed to
the City of South Miami Pension Funds.
$5,200.00
Funding Source: Account number 001-2100-519-9924 with current balance of $9,329.50
Backup Documentation:
E3 Proposed Resolutiorr
U Budget transfer request form
0 Sugarman& Susskind's Invoice for $12,100
CITY OF SOUTH MIAMI
BUDGET TRANSFER REQUEST
TO: CITY MANAGER DATE: August 1, 2005
VIA: FINANCE DEPARTMENT
FROM:
(DEPARTMENT)
I HEREBY REQUEST THE APPROVAL FOR THE TRANSFER OF FUNDS FOR THE REASON SPECIFIED BELOW
TRANSFERRED FROM FUND/DEPARTMENT OBJECT CODE OBJECT TITLE AMOUNT
001- 2100 -519 -9924 $5,200.00
TRANSFERRED TO FUND/DEPARTMENT OBJECT CODE
001- 2100 -519 -3457
Total 'Transfer
OBJECT TITLE
Total Transfer
AMOUNT
$ 5,200.00
REASON FOR TRANSFER To cover Sugarman & Susskind ( Pension Attorney's ) services to quality Pension Plan.
Luis R. Figueredo
DEPARTMENT HEAD
DATE
FINANCE DEPT. DATE: CITY MANAGER DATE:
FUNDS AVAILABLE APPROVED
FUNDS NOT AVAILABLE DISAPPROVE
FINANCE DEPARTMENT
CITY MANAGER
SUGARMAN & SUSSKIND
PROFESSIONAL ASSOCIATION
ATTORNEYS AT LAW
Robert A. Sugarman
Howard S. Susskind
David E. Robinson
Kenneth R. Harrison, Sr.
D. Marcus Braswell, Jr.
Pedro A. Herrera
City of South Miami Pension Funds
c/o Mr. Ajibola Balogun, City Manager
6130 Sunset Drive
South Miami, Florida 33143
100 Miracle Mile
Suite 300
Coral Gables, Florida 33134
(305) 529-2801
Broward 763-2566
Toll Free 1-800-329-2122
Facsimile (305) 447-8115
CURRENT FEES: 1,500.00
CURRENT COSTS: 0.00
PREVIOUS BALANCE: 10,600.00
PAYMENTS RECEIVED: 0.00
-------------
TOTAL AMOUNT DUE: 12,100.00
City ofSouth Miami Pension Funds
c/o Benefit USA
381O|nverraryBoulevard
Suite 302
Lauderhill FL33319
CUentMetter SyNPF:PLAN
In Reference To: Plan
Professional Services
5/1/2008 Review and respond e-mail administrator and client reference definition of
member and participation inpbsnofrasenxepoUoeoffioamandree*archplon
document
5/5/2008 Review, research and respond e-mail client reference reserve officers
participation inplan
5/7/2008 Review d respond ho e-mail actuary reference revisions to restatement and
Telephone conference with actuary
5114/2008 Review and revise restatement reference actuary input and forward to
actuary and client
5/20/2008 Attend city commission meeting reference 2nd reading of restatement
B30/20O8 Email toHR and Finance clean copy of plan restatement
For professional services rendered
June O4'2OO8
Invoice # 54867
_Hrs/Rate _Amount
1.00 200.00
2OO.00/hr
1.00 200.00
1.00 200.00
1.00 200.00
2.50 500.00
1.00 200.00
Balance due $1,500.00
City of South Miami Pension Funds
c/o Benefit USA
381O|nvennryBoulevard
Suite 302
Lauderhill FL3331Q
C]ient:Matter SMPPPLAN
In Reference To: Plan
Professional Services
4/2/2008 Review and revise restatement
4/3/2008 Review and revise restatement
4/4/2008 Attend meeting PBAund city labor attorneys reference pension provisions
Receipt and review of restatement, Review and edit plan
Review and edit restatement.
Review and revise restatement
4/7/2008 Review and edit Restatement.
Revkew, revise and respond e-mail administrator reference application forms
Review and revise restatement
Review and respond e-mail client and Telephone conference with client
referenoerestatment
June O4,2OO8
Invoice # 54866
_Hrs/Rate
_Amount
3.00
600.00
2OO.O0hr
3.50
' 700.00 -
200.00/ hr
1.00
200.00
20O.00/hr
2.80
400.00
20O.00/hr
1.25
250.00
200,00/ hr
4.00
800.00
2OO.O0hr
275
550.00
2OO.00/hr
0.50
100.00
20O.0D/hr
5.50
1.100.00
2OO.00/hr
1.00
280.00
2OO.0O/hr
City of South Miami Pension Funds
Page 2
Hls9Rate
f\mou!pt
4/8/2008 Receipt and review of email regarding Restatement. Review and edit
3.60
700.00
Restatement.
200.00/hr
4/10/2008 Review, research and revise restatement and Tel nfe with
4.00
800.80
client and e-mail client reference revisions and Telephone conference with
200.001hr
actuary reference revisions.
4/11/2008 Review and respond e-mail administrator and actuary reference pensionable
1.00
200.00
salary and research plan document
200.00/hr
Review and respond nnai|e client and actuary and revise restatement and
4.00
800.00
Telephone conference with client and actuary
200.00/hr
4/14/2008 Review and respond a-noai|s client, city clerk and actuary reference support
3.00
600.00
documents and review documents and Telephone conference with client
200.00/hr
Review and respond e-mail client reference make-up of board oftrustees,
1.00
200.00
research files and Telephone conference with client
200.00/hr
4/15/2008 Review ordinances, resolutions and OBAa reference pension changes
0.50
100.00
concerning restatement
200.00/hr
4/16/2008 Review and respond e-mail actuary and client reference support documents
100
600.00
for restatement and Telephone conference with client, actuary and PBA
200.00/hr
attorney. Review and respond e-mail HR director reference ordinance
- ratifioationofCBA
-
4/18/2008 Review and revise restatement
1.50
300.00
2OD.00/hr
4/21/2008 Review and revise restatement and Review and respond e-mail actuary and
2.50
500.00
client and Telephone conference with client and actuary
200.00/hr
4/23/2008 Review and revise plan restatement to include input from actuary and |otaat
ZOO
400.00
resolution documents from city clerk
200.001hr
4/24/M08 Review and respond e-mails client and HR director reference restatement
0.50
100.00
2OO.OD/hr
4/25/2008 Telephone conference with client reference restatement and letter to city
1.00
200.00
commission addressing summary of restatement and draft letter
200.00/hr
4/28/2008 Review and respond e-mail client reference chapter 185 minimum benefit,
1.00
200.00
research document and Telephone conference with client
200.00/hr
For professional services rendered
53.00 $10,600.00
Balance due $10]300.00