HomeMy WebLinkAboutResolution 3499-07-2007A Reso{ution
1V~. 3499-07 2007
AUTHORIZING THE EMPLOYMENT OF OUTSIDE LEGAL COUNSEL
FOR ASSISTANCE RELATED TO THE FEDERAL DEPARTMENT OF HOUSING
AND URBAN DEVELOPMENT
WHEREAS, the City requires specialized advice and expertise to assist the City Attorney with
legal issues regarding the Federal Department of Housing and Urban Development; and
WHEREAS, the law firm of Boyle & Lowry L. L. P has significant experience in providing
legal assistance to cities regarding the Federal Department of Housing and Urban Development.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
FORT W ORTH, TEXAS:
L
That the City is hereby authorized to retain the law firm of Boyle & Lowry L. L. P as outside
counsel pursuant to Section 3 Chapter VI of the City Charter for assistance with legal issues concerning
the Federal Department of Housing and Urban Development.
II.
That, as far as practicable, the compensation to be paid to Boyle & Lowry L. L. P shall not
exceed an aggregate of $50, 000 00
AND IT I5 SO RESOLVED.
Adopted this _ ~otr, ,day of .luny , 2007
Malty Hendrix
City'Secretary
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i-~
APPROVED
CITY COU(~CIL
JUL 1 0 2007
~ ~
City Secretary of the
City of Fort Worth,'fexas
City of Fort Worth, Texas
Mayor and Council Communication
SUBJECT
Adopt Appropriation Ordinance and Resolution Authorizing Employment of Outside Legal Counsel
for Assistance in Legal Issues Concerning Housing Development Activities
RECOMMENDATION
It is recommended that the City Council
1 Adopt the attached supplemental appropriation ordinance increasing appropriations in the General Fund
in the amount of $50 000 and decreasing unaudited unreserved undesignated fund balance by the same
amount;
2. Authorize the City Manager or his designee to retain Matthew C G Boyle of the Law Firm of Boyle &
Lowry L.L.P as outside legal counsel pursuant to Chapter VI Section 3 of the City Charter to assist the
City Attorney in representing the City regarding preparation of contracts security instruments and other
legal issues concerning housing development activities and
3 Adopt the attached resolution fixing in advance as far as practicable that the amount to be paid Boyle &
Lowry L. L. P not exceed $50 000
DISCUSSION
It is the opinion of the City Attorney that outside legal counsel should be retained to assist the City Attorney
in representing the City regarding several legal issues related to preparation of contracts security
instruments and other legal issues concerning the housing development activities, including the use of
federal grant funds and the establishment of the City's Housing Trust Fund
There are legal issues involving numerous pending contracts committing HOME Funds which were
established by grants for previous funding from the U S Department of Housing and Urban Development
(HUD}
Additionally the City faces a number of legal issues involving (1) some workouts of prior issues with
housing developers and (2} other legal actions it is proactively taking to avoid any potential HUD audit
problems in the future
FISCAL INFORMATION/CERTIFICATION
The Finance Director certifies that upon approval of the above recommendations and adoption of the
attached supplemental appropriation ordinance funds will be available in the current operating budget, as
appropriated of the General Fund Upon approval the unaudited unreserved undesignated fund balance
of the General Fund will be $3 156 081 which is the amount available above the minimum reserve fund
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balance of $46 845 951 required by the City's Financial Management Policy Statements (i a 10 percent of
the current-year adopted budget expenditures less the annual transfer from the General Fund to the Debt
Service Fund)
TO Fund/Account/Centers FROM Fund/Account/Centers
GG01 538110 0121000 $50,000.00 GG01 538110 0121000 $50,000.00
Submitted for Cit~Manager's Office b~ Karen Montgomery (6222)
Originating Department Head. David Yett (7623)
Additional Information Contact: Marcia Wise (7623)
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