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HomeMy WebLinkAboutResolution 2628A Resolution ~o ~Gz~ WHEREAS on February 2 1999 the City Council approved M&C G-12455 which adopted Resolution No 2490 retaining Colvin &Petrocchi to represent the City of Fort Worth in the bankruptcy and lawsuits concerning property taxes of Veteran s Memorial Inc. for an amount not to exceed $35 000 and WHEREAS to date, the cost of legal services by Colvin &Petrocchi to the City in the subject matter has been in the amount of $32,610 and WHEREAS the subject matter is still pending and it is estimated that an additional amount of $5 000 beyond the current authorized amount of $35 000 will be needed for the legal services necessary to bring this matter to a successful conclusion NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH TEXAS That the total compensation authorized to be paid to the firm of Colvin &Petrocchi for services relating to the bankruptcy and lawsuits concerning property taxes of Veteran s Memorial Inc. be and is hereby increased to $40 000 00 ADOPTED this oC~ day of ~ , 2000 ApPROVFA CITY COUNCIL APR 25 20A0 ~. ~~..~ Ctty of Fort Worth,'L~ezes CITY OF FORT WORTH