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HomeMy WebLinkAboutR-95-27RESOLUTION NO. 95-27 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDAt PERTAINING TO THE EMPLOYMENT OF AN ATTORNEY; AUTHORIZING THE CITY MANAGERt ON BEHALF OF THE CiTY COUNCIL, TO ENTER INTO A LEGAL SERVICES AGREEMENT WITH NABORS, GIBLIN & NICKERSON~ P.A. FOR THE PURPOSE OF PROVIDING LEGAL ADVICE TO THE CiTY ON BOND AND FINANCIAL ISSUES FOR THE CITY OF SEBASTIAN UTILITY SYSTEM; PROVIDING FOR REPEAL OF RESOLUTIONS OR PARTS OF RESOLUTIONS IN CONFLICT HEREWITH; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE OF THE RESOLUTION. WHEREAS, the City of Sebastian needs an Attorney to provide legal counsel on bonding and financial issues on the City of Sebastian Utility System; and WHEREAS, the law firm of Nabors, Giblin & Nickerson, P.A. served as the bond attorney for the City of Sebastian for the Five Million Dollar ($5,000,000.00) Utility System Revenue Bonds Series 1993, dated December 1, 1993; and WHEREAS, it is in the best interest of the city to retain the services of Nabors, Giblin & Nickerson, P.A., as the Attorneys for the City on bond and financial issues for the city Utility System. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, as follows: SECTION 1. AGREEMENT: The City Council of the City of Sebastian, Indian River County, Florida, hereby agrees to enter into a Legal Services Agreement with Nabors, Giblin & Nickerson, P.A., identified as Exhibit "A" to this Resolution, and by this reference incorporated herein. SECTION 2. EXECUTION: The City Manager of the City of Sebastian is hereby authorized to execute the Legal Services Agreement as agent for the City of Sebastian. The City Manager is authorized to establish amounts such contracts shall not exceed, and to reauthorize additional amounts not to exceed for additional legal services if he finds it is necessary to require additional services. SECTION 3. SEVERABILIT¥: If any section or part of a section of this Resolution is declared invalid or unconstitutional, the validity, force and effect of any other section or part of a section of this Resolution shall not thereby be affected or impaired unless it clearly appears that such other section or part of a section of this Resolution is wholly or necessarily dependent upon the section or part of a section so held to be invalid or unconstitutional. SECTION 4. CONFLICTS: This Resolution shall prevail over all other Resolutions which are in conflict with this Resolution. If any clause, section or other part or application of this Resolution shall be held by any Court of competent jurisdiction to be unconstitutional or invalid, such unconstitutional or invalid part or application shall be considered as eliminated and in no way affecting th~ validity of the remaining portions or applications remaining in full force and effect. SECTION 5. EFFECTIVE DATE: immediately upon its adoption. The fore~ing Resolution This Resolution shall take effect was moved for adoption by The motion was seconded a vote, the vote was as follows: and, upon being put to Mayor Arthur L. Firtion Vice Mayor Carolyn Corum Councilmember Norma J. Damp Councilmember Ray Halloran Councilmember Louise R. Cartwright The Mayor thereupon declared~,his Resolution duly passed adopted this~.Q~ da} of /_-~.L~j , 1995. Ka~h~r~/M~' ~)'H~llor~nj CMC/AAE (Seal) and CITY OF SEBASTIAN,~ By: ~~~'d~/~/9/~w Arthur L. Firtion, Mayor Approved as to Form and Content: Clifton A. McClelland, Jr. City Attorney 3 LEGAL SERVICES AGREEMENT It is mutually agreed between NABORS, GIBLIN & NICKERSON, P.A., hereinafter referred to as "Attorneys", and the CITY OF SEBASTIAN, hereinafter referred to as "city", as follows: 1. The Attorneys are hereby appointed and retained in the capacity of attorneys to the city of Sebastian on bond and financial issues for the City Utility System to perform the General advice and research relating to the proposed transfer; (b) Analysis and review of proposed purchase and sale documents; (c) Analysis and advice concerning the impact of the proposed transfer upon the existing city bonds, bond covenants, and pledged revenues; (d) Advice and assistance in negotiations for the transfer of the utility system to the County; and (e) Assistance in the drafting of documentation associated with any transfer. 2. The Attorneys are authorized to provide all bond and financial counsel for the City utility system as requested. It is mutually agreed between the City and the Attorneys, that Mark G. Lawson shall have the primary responsibility for this assignment and he may appoint such attorneys from the firm as he deems necessary to render the legal services provided under this Agreement. 3. The City hereby agrees to pay the Attorneys as compensation for services the following: following professional services: (a) (a) (b) (¢) The sum of $150.00 per hour for Firm Principals. The sum of $125.00 per hour for Firm Associates. The sum of $50.00 per hour for Legal Clerks. The firm will limits its fees to $5,000 increments. In the event that fees for services exceed $5,000 the firm will obtain the consent of the City Manager prior to commencing work on the next $5,000 increment. 4. The city hereby agrees to pay the Attorneys the following reimbursements: (a) actual costs incurred, such as photocopies, long distance telephone charges, and overnight delivery services. (c) Travel and per diem expenses as provided under Florida Statutes, Section 112.061. Time spent in travel will be billed at one-half the hourly rates stated above. 5. The Attorneys hereby agree to supply and furnish all office space, supplies, copying machines, furniture, word processing equipment, necessary to perform Agreement. 6. Manager. filing cabinets, and personnel as may be the legal services provided under this The attorneys shall serve at the pleasure of the City This Agreement may be terminated by either party on thirty (30) days notice. 7. The Attorneys shall bill on a monthly basis and itemize bills in accordance with the Council's policies and procedures. 8. If the firm is required to furnish a written opinion to the City, any bondholders or bond insurers concerning the proposed sale or transfer of the City's water and utility system, an appropriate fee will be separately negotiated for such services. IN WITNESS WHEREOF, the parties hereto have placed their respective hands and seals thisO~~' day of ~~ , 1995. NABORS, GIBLIN & NICKERSON, P.A. CITY OF SEBASTIAN ~,fll ~L7 I<ofor~, City Manager