HomeMy WebLinkAboutResolution 3149s
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A Resolution
NO ~I [~
AUTHORIZING THE EMPLOYMENT OF OUTSIDE LEGAL COUNSEL
FOR ASSISTANCE IN THE NEGOTIATION AND PRODUCTION OF .DOCUMENTS
WITH OMNI HOTELS CORPORATION
RELATED TO THE CONSTRUCTION, DEVELOPMENT AND OPERATION OF
A CONVENTION CENTER HEADQUARTERS HOTEL
WHEREAS, on August 5 2004 the City Council adopted M&C G-14440 authorizing the City
Manager to execute a Term Sheet with Omm Hotels Corporation ("Omm ') for construction and
operation of a Convention Center headquarters hotel (City Secretary Contract No 30886) and
WHEREAS, pursuant to the provisions of that Term Sheet, rt is anticipated that numerous legal
documents relating to the construction of the hotel, the construction of parking garages, City and State
incentives, leases and purchase and put-option agreements, among others, will have to be prepared and
negotiated, with the understanding that any such agreements will not be executed without subsequent
City Council approval, and
~~ `w- ~ WHEREAS, rt is anticipated that the negotiations related to the above transactions will be
comply and the resulting documents voluminous, and
WI~EREAS, the law firm of Kelly Hart & Hallman, P C has the staff and resources needed to
manage the. various negotiations and production of documents with Omm related to the construction,
development and operation of a Convention Center headquarters hotel and has beneficially assisted the
City in 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 City Charter to assist the City Attorney m the
handling of negotiations, document production and any other legal matters related to the construction,
development and operation by Omm of a Convention Center headquarters hotel.
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II.
That, as far as practicable, the compensation to be paid to Kelly Hart & Hallman, P C shall not
exceed an aggregate of $100 000
AND IT IS SO RE ED
Adopted this / l~ day of (,y~`Q-~'l~~ 2004
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ATTEST --''"'"`-~ ~.
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APPROVED
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~~ ` CITY COUNCIL
Bye '
'YVlarty Hendnx DEC 1 4 2004
City Secretary,
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1 ' `yam/~~
City Secretary of the
City of Fort Worth, Texas
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