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HomeMy WebLinkAboutLegislationCity of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 13-00425 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE CITY ATTORNEY TO ENGAGE OUTSIDE COUNSEL, TRIAL & APPELLATE RESOURCES, P.C., HAGENS BERMAN SOBOL SHAPIRO LLP, CENTER FOR CONSTITUTIONAL LITIGATION, P.C., AND ERWIN CHEMERINSKY, ON A CONTINGENT FEE BASIS, ON TERMS TO BE NEGOTIATED BY THE CITY ATTORNEY AND APPROVED BY THE CITY COMMISSION, TO REPRESENT THE CITY IN LEGAL ACTIONS AGAINST BANKING INSTITUTIONS REGARDING THEIR: (I) STEERING INTO AND ISSUING DISCRIMINATORY MORTGAGES TO MINORITIES WITH TERMS AND CONDITIONS THAT ARE SIGNIFICANTLY DIFFERENT FROM AND LESS FAVORABLE THAN THOSE IN MORTGAGES ISSUED TO OTHER, NON -MINORITY BORROWERS; AND (II) DENYING MORTGAGE CREDIT TO MINORITIES ON THE SAME TERMS AND CONDITIONS AS NON -MINORITIES. BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The City Attorney is authorized to engage outside counsel, Trial & Appellate Resources, P.C., Hagens Berman Sobol Shapiro LLP, Center for Constitutional Litigation, P.C., and Erwin Chemerinsky, on a contingent fee basis, on terms to be negotiated by the City Attorney and approved by the City Commission, to represent the City in legal actions against banking institutions regarding their: (i) steering into and issuing discriminatory mortgages to minorities with terms and conditions that are significantly different from and less favorable than those in mortgages issued to other, non -minority borrowers; and (ii) denying mortgage credit to minorities on the same terms and conditions as non -minorities. Section 2. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{1} APPROVED AS TO FORM AND CORRECTNESS: JULIE O. BRU wax CITY ATTORNEY Footnotes: {1} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 1 of 1 File Id: 13-00425 (Version: 1) Printed On: 4/1/2013