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HomeMy WebLinkAboutR-92-0592$ >. 12 J`92-709 9/24/92 RESOLUTION NO. 92 19 A RESOLUTION APPROVING THE JOINT BID OF GREENBERG, TRAURIG, ET AL. AND THE LAW OFFICE OF JESSE MCCREARY, IN THE TOTAL AMOUNT OF $20,000 PLUS EXPENSES NOT TO EXCEED MOM FOR SERVICES AS BOND COUNSEL AND CO -BOND COUNSEL, TO THE CITY IN THE REFINANCING OF APPROXIMATELY $90,000,000 OF THE CITY'S GENERAL OBLIGATION BONDS. WHEREAS, during its meeting of September 10, 1992, the City Commission directed the City Attorney to conduct a sealed bidding process amongst qualified law firms in order to determine the lowest price obtainable for bond counsel fees for the refinancing of approximately $90,000,000 of the City's General Obligation Bonds; and WHEREAS, the firm of Greenberg, Traurig, et al., in conjunction with the law office of Jesse McCreary, proffered a bid of $20,000 plus a maximum amount of $5,000 for expenses, - which amount was the lowest bid of all the qualified firms; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The City Commission hereby approves the joint bid of Greenberg, Traurig, et al. and the law office of Jesse McCreary, in the total amount of $20,000 plus expenses not to exceed $5,000, for services as bond counsel and co -bond counsel, to the City in the refinancing of approximately $90,000,000 of the City's General Obligation Bonds. CITY COVOUSSXON MEETING OF, Wit.. 'A, s Section 2. This Resolution shall become effective immediately upon its adoption. PASSED AND ADOPTED this 24th day of Sep,;emb!o�, 1992. ATT �1_ % �..•�.._.. MA7MY HIRAI City Clerk PREPARED AND APPROVED BY: RJWAEL 0. DIAZ Deputy City Attorn .APPROVED AS TO FORM AND CORRECTNESS: . Q I ES, III " City At ey ROD/pb/M3199 -2- ER (L. )SUAREZ> Ef —ie-3 R. Y t0 1:2so a�PT i CITY OF MIAMI, fLORIDA ' INTER -OFFICE MEIIAO!"iA1VC1UM to . Cesar H& Od,io DATE . City Mahag , Attn: Aurelio Perea-Lugones SUBJECT Ldgleletive Administrator FROM: li r i � 39 September 16, 1992 FILE . Bond Counsel Services A. Quinn J nee, III REFERENCES City Commission Meeting City Atto ey September 24r 1992 ENCLOSURES: The City Colnniission directed this Office, at the September 10, 1992 City Commissln Meeting, to enter into cdmpetitive negotiations With law firms for Bona Counsel Services. Please schedule a "Discussion Item" on the September 24, 1992 Commission Agenda as fo lower "DISC Ssidn concerning the engagement of Bond Counsel." i r US } i i t Ir i i 1 t 92- 592 3p-/