HomeMy WebLinkAboutResolution 892 A Resolution
WHEREAS, the Cities of Fort Worth and Dallas have previously
retained the law firm of Pepper, Hamilton and Scheetz to assist the
Cities in negotiations with the Trustee of the Chicago Rock Island
and Pacific Railroad Company regarding the possible purchase of
the rail corridor that connects the two cities; and
WHEREAS, the City Council of the City of Fort Worth has previously
authorized the expenditure of $10, 000 for payment for such services
rendered by the said law firm; and
WHEREAS, this matter continues to involve conflicts , negotiations
and factual and legal questions of a magnitude which constitute ,a
matter of "extraordinary importance and emergency" within the terms
of Chapter VI, Section 3, of the Charter of the City of Fort Worth;
and
WHEREAS, the assistance of Pepper, Hamilton and Scheetz has
been invaluable in bringing the negotiations to their present positive
status; and
WHEREAS, this matter is of critical importance to the citizens
of Fort Worth;
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF FORT WORTH:
SECTION 1
That the law firm of Pepper, Hamilton and Scheetz be compensated
for their additional services on behalf of the City of Fort Worth in
representing the City on matters pertaining to the purchase of the
rail corridor between Fort Worth and Dallas .
SECTION 2
That Pepper, Hamilton and Scheetz shall be paid at an hourly
rate of $150, such cost to be shared on a 50/50 basis by the City
of Fort Worth and the City of Dallas , and that the maximum ad-
ditional fee to be paid to Pepper, Hamilton and Scheetz by the City
of Fort Worth shall not exceed the sum of �20, 000.
SECTION 3
" That this Resolution shall take effect immediately from and
after its passage.
PASSED this day of 1982 .
O
CITY OF FORT WORTH