HomeMy WebLinkAboutResolution 3170-03-2005~~
A Resolution
NO ~~ /O -0.~ ' ~+OC~S
AUTHORIZING THE EMPLOYMENT OF OUTSIDE LEGAL COUNSEL
FOR ASSISTANCE IN THE NEGOTIATION AND PRODUCTION OF DOCUMENTS
RELATED TO THE CABELA'S DEVELOPMENT PROJECT
WHEREAS, on June 8, 2004 the Crty Council adopted M&C G-14336 authorizing the City
Manager to execute a Memorandum of Understanding (the `MOU") with Cabela s Retail, Inc.
("Cabela s") related to the construction and operation by Cabela s of a retail development with publicly-
owned components (the `Pro3ect') near the intersection of IH 35 West and SH 170• and
WHEREAS, the Project is supported by a tax increment reinvestment zone and a local
government corporation that will issue bonds to finance public improvements associated with the Project
as well as by economic development grants paid by the City m accordance with Chapter 380 of the
Texas Local Government Code, all of which require the finalization of numerous legal documents, and
WHEREAS, the law firm of Kelly Hart & Hallman, P C has the staff and resources needed to
oversee document production related to the Project and has beneficially assisted the Crty m complex
transactional matters in the past;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT
WORTH, TEXAS
I.
That the City is hereby authorized to retain the law firm of Kelly Hart & Hallman, P C as
outside counsel pursuant to Section 3 Chapter VI of the Crty Charter to assist the City Attorney m the
handling of negotiations, document production and any other legal matters related to the Cabela s
Prod ect.
II.
That, as far as practicable, the compensation to be paid to Kelly Hart & Hallman, P C shall not
exceed an aggregate of $50 000