HomeMy WebLinkAbout2010-103-1285 - Agreement with Greenberg Traurig P.A.
City of Miami Gardens Agenda Cover Memo Council Meeting Date: May 26 , 2010 Item Type: (Enter X in box) Resolution Ordinance Other x Fiscal Impact: (Enter X in box) Yes No Ordinance
Reading: (Enter X in box) 1st Reading 2nd Reading x Public Hearing: (Enter X in box) Yes No Yes No x Funding Source: City Hall Bond Advertising Requirement: (Enter X in box) Yes No x
Contract/P.O. Required: (Enter X in box) Yes No RFP/RFQ/Bid #: X n/a Sponsor Name City Attorney/City Manager Department: City Attorney/City Manager Short Title: A RESOLUTION OF THE CITY
COUNCIL OF THE CITY OF MIAMI GARDENS, FLORIDA, AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE AND ATTEST THAT CERTAIN RETAINER AGREEMENT WITH THE LAW FIRM OF GREENBURG & TRAURIG WITH
RESPECT TO BOND COUNSEL REPRESENTATION FOR A $53,000,000 PUBLIC BUILDINGS BOND; PROVIDING FOR INSTRUCTIONS TO THE CITY CLERK; PROVIDING FOR THE ADOPTION OF REPRESENTATIONS; PROVIDING
AN EFFECTIVE DATE. Staff Summary: In order to undertake the City Hall project, it is necessary to commit commit to several significant expenditures. The will require a major, complicated
financing structure/bond issue for the costs of designing, building, equipping, etc. the new facility. In order to prepare all of the documents associated with a public sale bond issue,
it is necessary to have bond counsel draft and/or review all of the documents including the Official Statement, ground and operating leases, bond opinion for IRS purposes, Build America
Bonds and Certificates of Participation documents, to name only a few. The City Council previously authorized the use of Robert Gang of Greenburg Traurig for this purpose, and it is
being recommended that the City retain the services of Robert Gang to complete the services, due to his extensive work in Florida on similar bond issues. The cost for services is not
to exceed $120,000. ITEM K-1) RESOLUTION Retainer Agreement w/Greenberg Traurig, P.A.
1515 NW 167 Street, Building 5 Suite 200 Miami Gardens, Florida 33169 Proposed Action RECOMMENDATION: To approve the resolution engaging Greenburg Traurig as bond counsel. Attachment:
Bio of Bob Gang, Greenburg Trauirg