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HomeMy WebLinkAbout07 21 1989 City's airport legal fees top $100,000City's airport legal fees top $100,000 By George Ricker The total spent on legal fees and studies associated with the ordinance required by the March 14 airport referendum now exceeds $100,000. When his Washington, D.C., law firm was hired by the Sebastian City Council on April 20, Eliot Cutler of Cutler & Stanfield estimated charges to draft the ordinance would be be- tween $25,000 and $50,000. He estimated two studies, which he urged the council to authorize him to commission, would cost another $10,000. The law firm's bill for services rendered in June, received Tuesday at Sebastian City Hall, was $44,211. Total charges by the firm since April 20 are $106,252. Including in the June billing were charges of $8,500 for a financial study by Apogee Research, Inc., $29,740 for legal services and $5,971 for related expenses. To date, Cutler & Stanfields charges for legal work and expenses have amounted to $92,251. Another $14,001 has been spent for the two studies that Cutler said would cost around $10,000. The June bill was reduced $7,000 after City Manager Robb McClary phoned Cutler on Monday and asked him to do so. McClary said there was nothing specific behind the request. "Ijust felt it was a lot of money," he said. "I asked for the reduction on general principles." The $7,000 reduction is reflected in the bill the city received Tuesday. McClary also stated Cutler had told him the firm's legal fees for the next 12 months probably will not exceed $20,000, unless the city be- comes involved in litigation that require his services. All monies expended in connec- tion with the drafting of the ordi- nance, required by the charter amendment, are being charged to the airport enterprise fund. As of 8 a.m. Tuesday, the enter- prise fund contained $223,960 in cash on hand and savings. The latest bill from Cutler & Stanfield will reduce the balance left in the fund to $179,749. According to Sebastian Finance Director Carol Carswell, the fund began this fiscal year with $246,714 in cash and investments, and had received about $50,000 in revenue by the end of June. Abudgetamendment, approved by the City Council on May 24, raised projected operating expenses in the airport fund from $38,370, that had been projected in the Oct.1 budget, to $92,425. The line item approved for legal expense was $50,000, up from $500 that had been budgeted for legal expense at the beginning of the fiscal year. Of the $92,251 charged so far, $82,867 is for 526 hours of legal work, and the balance is for expenses. At present, the ordinance Cutler was hired to draft has been approved M on first reading and a public hearin has been held. Acting on advice from Cutler an from Federal Aviation Administr, tion (FAA) Attorney Bob Eisengreh the City Council deferred final adol tion of the ordinance imposing noise limit and landing fees at th airport and, instead, agreed to cor duct a study that will form the basi for future negotiations between th city and the FAA.