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HomeMy WebLinkAboutResolution 3460-02-2007A Resolution NO 3460-02 2007 WHEREAS, on August 17 2004 City Council approved M&C G 14459 adopting a resolution retaining Cantey & Hanger to represent the City of Fort Worth in SH 121T real estate issues for an amount up to $50 000 and WHEREAS, on June 21 2005 City Council approved M&C G 14836 adopting a resolution increasing the amount to be paid to Cantey & Hanger to $150 000 and WHEREAS, due to a substantial increase in required legal services Cantey & Hanger has earned and been. paid $210 373 94 beyond the $150 000 for a total of $360 373 94 and WHEREAS, it is anticipated that additional legal services regarding SH 121T (Southwest Parkway) real estate issues will be required during 2007 requiring an increase to the total amount to be paid to Cantey & Hanger to $600 000 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH TEXAS That the amount authorized to be paid to Cantey & Hanger for legal services regarding SH 121 T (Southwest Parkway) real estate issues is hereby increased to an amount not to exceed $600 000 Adopted this 20th day of February , 2007 gpPROVEI) CITY COUNCIL ATTEST FEB 2 0 2007 ~w~~ B ~ City Secretary of the y - -- City of Fort Worth, Texas Marty Hendrix City Secretary City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION Approved on 2/20/2007 Resolution No 3460-02-2007 DATE Tuesday February 20 2007 LOG NAME 12CANTEYHANGER REFERENCE NO C-21981 SUBJECT Adopt a Resolution Revising the Maximum Amount and Reflecting the Increased Fees Paid to Cantey & Hanger for Assisting the City Attorney in Representing the City Regarding Legal Issues Concerning the Southwest Parkway (SH 121T) RECOMMENDATION It is recommended that the City Council adopt the attached resolution reflecting the increased fees of $210 373 94 paid and revising the maximum amount to be paid to Cantey & Hanger to $600 000 for representing the City of Fort Worth regarding legal issues concerning Southwest Parkway (SH 121T) DISCUSSION On June 8 2004 (M&C C-20112) the City Council authorized Amendment No 1 to the agreement between the City of Fort Worth The North Texas Tollway Authority and the Texas Department of Transportation (the Reimbursement Agreement) in the amount of $49 375 000 (with the City's 20 percent match of $9 875 000) City Council also adopted Ordinance No 15999 which increased estimated receipts and appropriations in the Grants Fund by $49 375 000 for increased revenues to be received under the Reimbursement Agreement. Expenditures for the acquisition of right-of-way and acquisition related costs, including attorney fees are to be paid under the agreement. By adoption of Resolution No 3111 on August 17 2004 (M&C G-14459) the City Council approved Cantey & Hanger as legal counsel to represent the City of Fort Worth regarding legal issues including but not limited to real estate concerning SH 121T and authorized payment to Cantey & Hanger for services in an amount not to exceed $50 000 to be paid from the 1998 Capital Improvement funds for the SH 121T Project. By adoption of Resolution No 3220 on June 21 2005 (M&C G-14836) City Council authorized an additional $100 000 for a total of $150 000 to be paid to Cantey & Hanger The additional amount was to be paid from the grants funds referenced above. The SH 121T Project will require the acquisition of 53 parcels Of the parcels obtained to date 15 parcels were acquired through eminent domain proceedings, and 8 appeals are currently pending Due to the substantial increase in required legal services during 2006 Cantey & Hanger earned and was paid $210 373 94 beyond the $150 000 for a total of $360 373 94 Continued representation is required for legal services pertaining to the remaining property acquisition and anticipated litigation Therefore it is recommended that City Council revise the maximum amount to be paid to Cantey & Hanger for legal issues regarding SH121T to $600 000 80 percent of which the City will be reimbursed under the above-mentioned Reimbursement Agreement. FISCAL INFORMATION/CERTIFICATION The Finance Director certifies that funds are available in the current capital budget, as appropriated of the Grants Fund Logname• 12CANTEYHANGER Page 1 of 2 TO Fund/AccountlCenters FROM Fund/AccountlCenters GR 76-539120 030302943420 $450,000.00 Submitted for Cites Manager's Office by. Marc Ott (6122) Originating Department Head. David Yett (7623) Additional Information Contact: Marcia Wise (7607) Logname 12CANTEYHANGER Page 2 of 2