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HomeMy WebLinkAboutCover MemoCITY OF MIAMI OFFICE OF THE CITY ATTORNEY MEMORANDUM TO: The Honorable Mayor and Members of the City Commission FROM: Julie O. Bru, City Attorney DATE: May 13, 2008 v)~ RE: Proposed Resolution for -'City Commission Meeting — May 22, 2008 Authorizing the expenditure of attorney's fees for outside counsel to represent the Bayfront Park Management Trust in bankruptcy proceedings filed by Skylift, LLC Matter ID No.: 08-823 File ID No. 08-00537 The attached proposed Resolution seeks authorization to expend attorney's fees to engage Jordi Guso, Esq. and the Law Firm of Berger Singerman, as outside counsel, for the purposes of representing the Bayfront Park Management Trust ("Trust") in bankruptcy proceedings filed by Skylift, LLC ("Skylift"). The cost of legal services estimated in connection with this engagement is estimated to be in an amount not to exceed $10,000 to be appropriated from account 00001.980000.531010.0000.00000. Background Chapter 38 of the City of Miami Code, establishes the Trust and authorizes the Trust to direct, operate, manage and maintain all aspects of Bayfront Park ("Park"). Pursuant to that authorization, the Trust entered into a Concession License Agreement with Skylift allowing Skylift to place a tethered balloon ride service within the Park. After falling behind on payments, Skylift sought bankruptcy protection to prevent the Trust from terminating the Concession License Agreement and collect any unpaid monies from Skylift. The Trust, through its Board of Directors, at its April 28, 2008 meeting requested representation in the bankruptcy proceedings. c: Pedro G. Hernandez, City Manager EIvi G. Alonso, Agenda Coordinator Attachment(s)