HomeMy WebLinkAboutR-84-0594J-84--533
6/4/84
is/RFC
RESOLUTION NO.
A RESOLUTION RETAINING THE LAW FIRM OF BROAD
AND CASSELL TO SERVE AS LOCAL BOND CO -COUNSEL
TO ASSIST THE FIRM OF BROWN, WOOD, IVEY, MIT-
CHELL & PETTY WITH RESPECT TO THE SALE OF
$30,200,000 GENERAL OBLIGATION BONDS OF THE
CITY OF MIAMI.
WHEREAS, on February 3, 1984, the City Commission
accepted the recommendations of the City Manager for the
selection of local bond co -counsel to assist the City's out-
of-state bond counsel, with respect to the sale and issuance
of City bonds; and
WHEREAS, on May 24, 1984, the City Commission approved
the sale of $30,200,000 bonds of the City of Miami;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF
THE CITY OF MIAMI, FLORIDA:
Section 1. The law firm of Broad and Cassell is hereby
retained to serve as co -counsel to assist the firm of Brown,
Wood, Ivey, Mitchell & Petty, with respect to the sale and
issuance of $30,200,000 General Obligation Bonds of the City
of Miami.
PASSED AND ADOPTED this 24th day of May, 1984.
Maurice A. Ferre
MAURICE A. FERRE, MAYOR
ATTEST:
('�RALPkfl G. ONGIE, CITY CL K
PREPARED AND APPROVED BY:
ROBERT F. CLARC
DEPUTY CITY ATTORNEY
APPROVED AS TO FORM AND CORRECTNESS:
J,./ e-A,-a P
r
GARCIA-PEDROSA, CITY ATTORNEY
CITY com III O
MEETfj C Cep
MAY 2 ��
RESOMioi, t,,
REMA..Rit, S.
11
11,
U-1
CITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
TO: Honorable Mayor and DATE: May 9, 1984 ME:
Members of the City
Commission SUBJECT: Selection of Co -Bond
Counsel
FROM; Howard V. Gary 1
/ REFERENCES:
City Manager
ENCLOSURES:
Motion 84-138 directed this office to proceed to identify local
law firms who would be interested in serving as Co -Bond Counsel
with Brown, Wood, Ivey et . al. on General Obligation Bond issues.
A Request for Proposal (RFP) was developed and advertisements
were placed in The Miami Review, The Miami News, Diario Las
Americas and The Miami Times. Additionally, The Dade County Bar
Association, The Cuban Bar Association, and The Black Bar
Association were each contacted and advised that the City was
actively seeking local lala firms to serve as Co -Bond Counsel.
The closing date for responding, to tlio RFP uas Friday, April 6,
19841 end eight (8) firms responded as of that date. Two
additional response,, were delivered to this office subsequent to
that date. A review by a special commmitte e wa�:-- perforn;ed on the
data submitted by all ter; ( 10 ) law firms. The special committee
was composed of Robert Clark (representing Jose Garcia -Pedrosa),
Randolph Rnzencrar.tz , Carlos Garcia, Adrienne Macbeth and Manohar
Surar.a.
Briefly stated, among the data requested included resumes of the
principles who will service the City, lists of specific bond
issues and the role of the firm for that issue, data relative to
size, expertise, and research capability of the firm, statement
and supporting documents assuring minority participation and pro
bono service to the community. Most firms provided the data
requested.
As shown on the RFP, the criteria for selection as Co -Bond
Counsel included six items. Attached to this memorandum is a
summary of the data submitted by each law firm for each item.
Attachments:
1. Copy of Request for Proposal (RFP).
2.
Names and addresses
of law
firms
submitting
proposals.
3.
(To be provided by the
Office of Law.)
Responses
to items a. and b. of the RFP -
leggal
expertise.
4.
Responses to item c. of
the RFP.
5.
Responses to item e.
of the
RFP
- minority
partnership.
6.
Responses to item f. of
the RFP
- pro
Bono work.
84--594
Request for Proposal
Bond Co -Counsel
INTRODUCTION
Attachment 1.
The City of Miami wishes to utilize the services of law firms
having principle offices in the Miami area to assist in matters
relating to the sale of general obligation bonds and other debt
instruments. Further, it is the desire of the City to provide an
opportunity for interested law firms to submit their qualifi-
cations for review. Those firms found best qualified in accor-
dance with predetermined criteria, will be prioritized. The law
firm of Brown, Wood, Ivey, Petty and Mitchell will serve as prime
counsel and local firms will serve as co -counsel.
QUALIFICATIONS
a. Assurance that a senior partner with expertise in bond
financing will be responsible for the legal work and will be
accessible to the City to answer inquiries and discuss the
progress of the issue from time to time.
b. Evidence of depth of ].cg��l talent wJ,th capacity to handle
-- bond work.
c. Expertise in the; field of federal income tay., project funding
or other applicable specialized areas.
d. Have a principal office in the Miami area.
e. Provide assurance of representative minority partnership
in the firm.
f. Provide evidence of volume of pro bonf'work performed within
the City of Miami.
SUBMISSION OF DATA
The following data should be provided:
1. Resumes of senior partners of principals who will
be servicing the City account.
2. Resumes of associates or other affiliates that may
be servicing the City account.
3. Resumes of other principals in the firm that may
be servicing the City account.
84-594
LI
I]
4. List of specific bond issues within the last ten years
that the firm or a principal has been an active parti-
cipant. Show the following data:
a. Purpose of issue (housing bonds, general purpose
construction, etc.).
b. Type of issue (G.O., Revenue).
c. Size of issue and life of issue (S30M/20 years).
d. Date sold and location.
e. Number of bidders and interest rate of successful
bidder.
f. Governmental unit issuing.
g. Role of firm or principal (counsel, co -counsel).
h. Any problems associated with the sale and delivery
of bonds.
5. Submit data rclatinC to the size of the law, firm. Data
should include:
a. Number of principals, partners, associates, etc.
b. Office location(s).
e. Research capabilities.
d. Staff and clerical support.
6. Statement and supporting documents related to areas of
expertise.
7. Statement and supporting documents assuring minority
participation. (reference City Commission Ordinance
9775).
8. Statement and supporting documents relative to areas
of pro bondb services to the community.
METHOD OF SUBMISSION
Qualifications should be submitted in five copies to:
Randolph B. Rosencrantz
Assistant City Manager
3500 Pan American Drive
Miami, Florida 33133
Envelope should be marked: Co -Bond Counsel Qualifications.
Qualifications should be submitted no later than April 6, 1984.
84-584
Attachment 2.
LIST OF LAW FIRMS
Squire, Sanders & Dempsey
Counselors at Law
Miami Center
100 Chopin Plaza
Miami, Florida 33131
(305) 577-8700
Griffith F. Pitcher, Esq.
Fine, Jacobson, Blcok, Klein, Colan & Simon, P.A.
Counselors at Law
P.O. Box 140800
2401 Douglas Road
Miami, Florida 33134
(305) 446-2200
Stuart L. Simon, Esq.
Myers, Klnin, Levinson, Ruffner, Frank & Richards
Counselors at Law
Briclell Executive Tower
1428 Briclkel.l Avenue
Miami, Florida 33131
(305) 371-91041
Kenneth M. Myers, Esq.
Broad and Cassell
Attorneys at Law
One Biscayne Tower
Two S. Biscayne Blvd.
Miami, Florida 33131
(305) 371-9100
Norman Broad, Esq.
Morgan, Lewis & Bockius
Counselors at Law
3200 Miami Center
100 Chopin Plaza
Miami, Florida 33131
(305) 579-0300
Richard A. Pettigrew, Esq.
Greenberg, Traurig, Askew, Hoffman, Lipoff, Rosen & Quentel
Counselors at Law
Brickell Concours
1401 Brickell Avenue
Miami, Florida 33131
( 305 ) 579-0500
Marvin S. Rosen, Esq.
Page 1 of 2
f
List of Law Firms
Page 2 of 2
Cohen, Shapiro, Polisher, Shiekman & Cohen
Counselors at Law
900 Rivergate Plaza
444 Brickell Avenue
Miami, Florida 33131
(305) 374-1119
Robert I. Tuteur, Esq.
Paul, Landy, Beiley & Harper, P.A.
Counselors at Law
Penthouse, Peninsula Federal Bldg.
200 S.E. First Stret
Miami, Florida 33131
(305) 358-9300
Robert Paul, Esq.
Received April 26, 19
Britton, Cohen, Cassel, Kaufman & Schantz, P.A.
Professional Association
1011 New t%Ior ld Tower
100 N. Biscayne Blvd.
Miami, Florida 33132
( 305 ) 358-0547
Marwin S. Cassell
Sparber, Shevir., Shapo & Heilbronner
Professional Association
30th Floor, AmeriFirst Bldg.
One S.E. Third Avenue
Miami, Florida 33131 -
(305) 358-7990
Byron L. Sparber
84-594
Attachment 4.
BOND COUNSEL EXPERTISE
Squire, Sanders & Dempsey
- Offices in Miami, New York, Washington, D. C. Phoenix,
Columbus, Cleveland & Brussels.
- Computer research access terminals (LEXIS & WESTLAW).
- Separate public law partners and associate in Miami. Services
include bond counsel, labor matters, and employee pension
matters. The firm employs nationwide 55 lawyers in public law
practice.
- The firm claims to have written the laws under which the City
of Cleveland was able to take the City out of default.
- The firm participated in 5 tax-exempt bond issues in Florida
in 1983, all of which are I.D.B.'s or Hospital Bonds.
- The firm participated in over 60 tax exempt bond issues
nationwide in 1983.
Fine, Jacobson, Block, Klein, et al
- Firm has served as Underwriter's Counsel, Purchaser's Counsel,
Developer's Counsel and Cc -Bond Counsel.
- Firm participated in 3 bond sales in 1983, 9 in the last
several years.
- The firm has broad experience including cases in front of the
U. S. and State of Florida Supreme Courts.
- One of the partners has been County Attorney for Dade County.
- 25 attorneys in Miami and Ft. Lauderdale offices.
- Computerized.
Myers, Kenin, Levinson, et al
- Firm has served as co -counsel with Brown, Wood, Ivey, for Dade
County and City of Miami Health Facilities Authority on five
issues in 1983.
- Co -Bond Counsel for Dade's Industrial Development Authority,
Port Authority and Airport.
- Bond Counsel for several Florida cities and for Underwriters.
- Participated in 2 issues in 1982, 5 in 1983, and 2 in 1984.
- 28 attorneys in Miami and Ft. Lauderdale offices.
84-594
Broad & Cassell
- Served as Bond, Company, Underwriter's Issuers and Trustee's
Counsel.
- Offices in Miami, West Palm Beach, Boca Raton, Tampa, Winter
Park & Atlanta.
- Participated in nine Florida bond sales in 1983, mostly
I.D.B.'s
- Underwriters Counsel of proposed $55M Miami Beach Convention
Center.
- Equity Counsel on proposed Port of Miami improvements issue.
Morgan, Lewis & Bockius
- Third largest law firm in Country.
- Firm has departments of Municipal Finance, Banking, Corporate,
Bankruptcy, and Real Estate.
- Offices in Miami, Philadelphia, Washington, Los Angeles,
Harrisburg, Neu York & London. Firm has over 22 attorneys in
Miami and over 350 ill 111 of its offices.
- The firm has been involved in 2 Florida bond issues in 1983, 4
in 1982, 8 now in progress, plus .others in 30 states.
- Computerized. Can transmit electronic information among
offices.
Greenburg, Taurig & et al
- Served as Bond Counsel, Co -Bond Counsel (5 transactions)
Underwriter's Counsel in 15 transactions, since 1982.
- 82 attorneys in Miami and West Palm Beach.
- Departments of Securities & Corporate Financing, Banking, Tax,
Estate Planning; Litigation, Real Estate, Environmental and
Public Finance.
- 7 persons in Public Finance Department.
84 -594
■
Cohen, Shapiro
- Offices in. Philadelphia & Miami, with 60 attorneys of which
three attorneys are in Miami.
- Firm has Corporate, Real Estate, Tax and Estates,
Environmental, Litigation and Labor Departments.
- Presented with proposal six official statements for 1983 or
1984, all of them in Ncrthern states..
- Government Finance Group out of Philadelphia office, would be
assigned to work with the City.
Paul, Landy, Beiley, & Harper
- Served as Special Bond Counsel to the City in 1979, Lender's
Counsel, Co -Underwriter's Counsel.
- 22 attorneys in Miami, plus para-legal support staff.
- Departments in Baking, Corporate & Securities, Tax, Inter-
national Law, Real Estate & Litigation.
- One of the partners i-; former- City Attorney for Miami.
- Involved in 3 tax-free financings in Florida in 1983.
- Automated.
Sparber & Shevin
- Offices in Miami & Tallahassee with total of 40 attorneys.
- Tax exempt Department head is former Assistant Dade County
Attorney. Another firm member is former Attorney General for
the State of Florida.
- The firm lists twenty two recent bond issues in which it has
been involved as bond counsel or underwriter counsel, (5 as
bond or co -bond counsel)
- Indicated experience in Taxation., Tax Exempt Financing,
including Housing, and Litigation.
Britton & Cohen
- 47 attorneys in Miami, Ft. Lauderdale & Palm Beach.
- The firm has represented an issuer on several occasions in
connection with industrial revenue bond issues.
- Proposes Washington firm as co -bond counsel, which firm is
experienced in Real Estate, Corporate Law, Tax, Securities,
Municipal Finance, Litigation, Partnerships, Energy Matters,
and Housing and Community Development.
r.
84-594
CITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
TO: Randolph B. Rosencrantz
Assistant City Manager
FROM: Adrienne Macbeth
Special Asst. to City Manager
Attachment 5.
DATE: May 8, 1984
SUBJECT: Co -Bond Counsel
Selection
REFERENCES -
ENCLOSURES:
Flu:
Following is the analysis, by firm, of the Minority Partnership
Qualifications of the law firms submitting responses to the
City's RFP for Co -Bond Counsel.
1. Squire, Sanders
300 Attorneys nationally - Ohio, D.C., Arizona and N.Y.
54 female Associates
14 Attorneys in Miami offices
2 Black, male Partners
1 female Partner
3 Black Associates
2 Hispanic, male Associates
1 Hispanic, female Associate
2. Fine Jacobson
5 Attorneys- Miami and Ft. Lauderdale
1 Black, male Partner
1 female Partner
5 female Associates
1 Hispanic Associate
3. Myers, Kenin
2 Attorneys - Miami and Tallahassee
1 Anglo, female Partner
3 of 13 Associates female
4. Broad & Cassell
7 Attorneys - Miami, Palm Beach, Boca Raton,
Tampa and Atlanta
1 Hispanic, male Partner
7 female Associates
5. Morgan, Lewis
350 Attorneys nationally - 22 Attorneys in Miami
No indication of Black, Latin or female Partner(s)
6. Greenberg
�2 Attorneys in Miami and West Palm Beach
No Minority Partners
8 female Associates
Hispanic Associates
84—"9.
Randolph B. Rosencrantz
May 8, 198
Page 2 of 2
7. Cohen Shapiro
b0 Attorneys nationally - 3 Attorneys in Miami
No Minority Partners
11 female Associates
8. Paul, Landy
22 Attorneys in Miami
1 Black, male Partner
1 Hispanic, male Partner
6 female Associates
1 Cuban Associate
9. Britton, Cohen
74 Attorneys - Miami, Ft. Lauderdale and Palm Beach
No Minority Partners
10 female Associates P
1 Hispanic Associate
r
10. S amber , Shey in
04 Attorneys - Miami, Ft. Lauderdale and Palm Beach
No Minority Partners
1 Hispanic Associate
84-594
Attachment 6.
CITY OF MIAMI. FLORIDA
INTER -OFFICE MEMORANDUM
To. Randolph B. Rosencrantz DATE: April 4, 1984 FILE:
Assistant City Manager
Wk
SUBJECT: Co -Bond Counsel
Selection
Adrian Macbeth
FROM:
REFERENCES:
Special Asst. to City Manager
,.
ENCLOSURES:
Following is an analysis of the Pro Bono Qualifications of the
firms responding to the RFP for Co -Bond Counsel. It was not
possible to quantify this item.
1. Squire, Sanders
10 Attorneys
Pro Bono for following agencies: Public Interest Law
Bank, Legal Services of Greater Miami, Warehouse Gallery
Theatre, American Cancer Society, Greater Miami Chamber,
4Y
University of Miami, Greater Miami Jewish Federation,
Planned Parenthood, Haitian Refugee Center and Disabled
Young Adults, Inc.
it
2. Fine, Jacobson
2 Attorneys
Pro Bono for United Way, New World Action Committee,
;t
Fine v. FireStone on Proposition One, Salvation Army and
emple Beth Shalom.
3. Myers,_ Kenin
Firm
Pro Bono with Greater Miami Jewish Federation, Tourist
Industry Coalition, Dade County Employee Relations 'Dept.,
Greater Miami Chamber of Commerce, Dade County Community
Relations Board.
4. Broad & Cassell
Attorneys
Pro Bono with President's Task Force on Minority Business
Affairs, Dade County Housing Finance Authority, Sister
Cities Program, Miami Northwest Express Track Club and
Greater Miami Chamber.
Page 1 of 2
84--59-4
Randolph B. Rosencrantz —2— May 41 1984
5. Morgan, Lewis
Not specified.
Statement indicated extensive Pro Bono.
b. Greenberg, Traurig
Firm
Pro Bono includes Legal Clinics, free legal services and
Haitian immigration assistance.
%. Cohen,Shapiro
Firm
Pro Bono with Health Systems Agency, Health Council of
South Florida, Dade Mental Health Assoc., Jewish Home for
the Aged, Haitian Refugee Center and Legal Aid of Dade
County.
8. Paul, Landy
Firm
Pro Bono with Greater Miami Chamber, South Florida
Coordinating Counsil, International Center of Florida,
Miami Sports and Exhibition Authority, Legal Services,
Sister City Program, Miami's Distinguished Visitor's
Committee, Gildred Foundation for Latin American Health
and Education, Small Business Administration, Miami
Capital Development and Miami Citywide Development, Inc.
9. Britton, Cohen
indicated.
10. S arber, Shevin
Not
84-54g