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HomeMy WebLinkAboutR-86-0431J-86-426 5/29/86 psi M86-354, M86-355 (5/7/86) RESOLUTION NO. A RESOLUTION AUTHORIZING THE CITY ATTORNEY TO NEGOTIATE AN AGREEMENT WITH CERTAIN LAW FIRMS TO SERVE AS PRIMARY BOND COUNSEL FOR -.:•": FUTURE INDIVIDUAL CITY BOND ISSUES BETWEEN THIS DATE AND THE DATE OF THE SECOND CITY COMMISSION MEETING IN NOVEMBER, 1987, WHICH AGREEMENT SHALL BE FAIR, COMPETITIVE AND w REASONABLE IN THE JUDGMENT OF THE CITY ATTORNEY; DESIGNATING SAID FIRMS IN THE FOLLOWING RANK ORDER (A) GREENBERG, TRAURIG, ASKEW, HOFFMAN, LIPOFF, ROSEN & QUENTEL; (B) HOLLAND & KNIGHT; (C) BROAD AND CASSEL; PROVIDING THAT SHOULD THE CITY ATTORNEY BE Pr UNABLE TO SUCCESSFULLY NEGOTIATE AN AGREEMENT IN RANK } WITH THE FIRM THAT HAS BEEN SELECTED ORDER THEN THE CITY ATTORNEY IS AUTHORIZED TO UNDERTAKE NEGOTIATIONS WITH THE NEXT -RANKED FIRM AND IF NO ACCORD IS REACHED WITH SAID FIRM THEN THE CITY ATTORNEY IS AUTHORIZED TO HOLD NEGOTIATIONS WITH THE REMAINING FIRM; FURTHER PROVIDING THAT THE NEGOTIATED AGREEMENT BE PRESENTED TO THE CITY COMMISSION fS� a FOR APPROVAL PRIOR TO EXECUTION THEREOF. �5 4 71, qii__ t M . - . BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section I. The City Attorney is hereby authorized to negotiate an agreement with certain law firms to serve as primary bond counsel for future individual City bond issues between this date and the date of the second City Commission Meeting in November, 1987, which agreement shall be fair, competitive and reasonable in the judgment of the City Attorney; said law firms being hereby designated in the following rank order (A) Greenberg, Traurig, Askew, Hoffman, Lipoff, Rosen & Quentel; (B) Holland & Knight; (C) Broad and Cassel. Section 2. Should the City Attorney be unable to successfully negotiate an agreement with the firm that has been selected in rank order then the City Attorney is hereby authorized to undertake negotiations with the next -ranked firm and if no accord is reached with said firm then the City Attorney is hereby authorized to hold negotiations with the remaining firm. NEETINC C• JUN 1p, t9a Section 3. The negotiated agreement shall be presented to the City Commission for approval prior to execution thereof. PASSED AND ADOPTED thi8_12_ 11daY Trr*rx _ , 1988. �XVIERAL. SUA MAY AT� MAT HIRAI, CITY CLERK. PREPARED AND APPROVED BY: ROBERT F. CLERK CHIEF DEPUTY CITY ATTORNEY APPROVBW"A�9'TQ FORM AND CORRECTNESS: LU IA A. DOUG RTY, CITY ATTORNEY RFCtrr/MO99 t` i I CITY OF MIAMI. FLORIDA 17 INTER -OFFICE MEMORANDUM TO: Cesar H. Odic, city manager DATE, may 14, 1986 FILM Attn: Al Ruder, Special Assistant to4ity Manager SUBJECT: City Bond Counsel AR.F.R..-M City Commission Meeting, FROM Lucia A. Dougherty 5/22/86 City Attorney ENCLOSURES: ( 1 ) The attached resolution formalizes the action taken by the City Commission (X86-354 and M86-355) at its meeting of May 7, 1986. LAI)/RFC/rr/PI99 86-431:,'-'