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HomeMy WebLinkAboutResolution 852 RESOLVi10�� FILE NO. j4FF211 A WHEREAS, the Cities of Fort Worth and Dallas have been engaged in negotiations with the Trustee of the Chicago Rock Island and Pacific Railroad Company regard- ing the possible purchase of the rail corridor that connects the two cities; and WHEREAS, this matter involves conflicts, negotiations and factual and legal questions of a magnitude which con- stitute 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, this matter is of critical importance to the citizens of Fort Worth; and WHEREAS, the City Attorney and City Manager recommend retaining the law firm of Pepper, Hamilton and Scheetz as outside counsel to assist the City Attorney in this matter and to advise and assist the City in this regard; 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 retained to assist the City Attorney in representing the City of Fort Worth 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 fee to be paid to Pepper, Hamilton and Scheetz by the City of Fort Worth shall not exceed the sum of $10 ,000 . SECTION 3 That this Resolution shall take effect immediately from and after its passage. O L4"_� CITY OF FORT WORTS