Loading...
HomeMy WebLinkAboutOrdinance 20783-06-2013 Ordinance No. 20783-06-2013 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE RISK MANAGEMENT FUND IN THE AMOUNT OF $200,000.00, DECREASING THE ASSIGNED RISK MANAGEMENT FUND BALANCE BY THE SAME AMOUNT, FOR THE PURPOSE OF OUTSIDE COUNSEL TO REPRESENT THE CITY IN LITIGATION RELATED TO THE PENSION BENEFIT CHANGES ADOPTED BY THE CITY COUNCIL ON OCTOBER 23, 2012; PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES; REPEALING ALL ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED'BY`1 CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: SECTION 1. That in addition to those amounts allocated to the various City departments for Fiscal Year 2012-2013 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Risk Management Fund in the amount of$200,000.00, decreasing the assigned Risk Management Fund balance by the same amount, for the purpose of outside counsel to represent the City in litigation related to pension benefit changes adopted by the City Council on October 23,2012, SECTION 2. That should any portion, section or part of a section of this ordinance be declared invalid, inoperative or void for any reason by a court of competent jurisdiction, such decision, opinion or judgment shall in no way impair the remaining portions, sections, or parts of sections of this ordinance, which said remaining provisions shall be and remain in full force and effect. SECTION 3. That this ordinance shall be cumulative of Ordinance No. 20411-09-2012 and all other ordinances and appropriations amending the same except in those instances where the provisions of this ordinance are in direct conflict with such other ordinances and appropriations, in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed. SECTION 4. This ordinance shall take effect upon adoption. AP7 AS TO Gerald Pruitt,Assistant City Attorney ADOPTED AND EFFECTIVE: June 4, 2013 City of Fort worth, Texas Mayor and Council Communication COUNCIL ACTION. Approved on 6/412013 Resolution No. 4213-06-2013& Ordinance No. 20783-06-2013 .iremo rvm,i: i-rsim�rc nnvdntti Ar»>rt in..., :� i i o,xui. m nr az ,� � mi.�seiri ai:nnm,:y. .gym v, :... - �6.raeir�wwii v�iiiumnnnna,immmi;aaam DATE: Tuesday, June 04, 2013 REFERENCE NO.: G-17913 LOG NAME: 12KHHAMEND SUBJECT: Adopt Resolution Authorizing Increase of$200,000.00 to the Maximum Amount to be Paid to Kelly, Hart and Hallman L.L.P., as Outside Counsel to Represent the City in the Lawsuits Entitled City of Fort Worth v. Employees' Retirement Fund of the City of Fort Worth, Cause No. 342-262392-12, and Richard Van Houten, Jr, and Stephen Hall v. City of Fort Worth, a Texas Municipal Corporation, Cause No. 4:12-CV- 00826, and Any Other Litigation Related to the Pension Benefit Changes Adopted by the City Council on October 23, 2012, for a Total of$400,000.00, and Adopt Supplemental Appropriation Ordinance Increasing Appropriations in the Risk Management Fund in the Amount of$200,000.00 and Decreasing the Assigned Risk Management Fund Balance by the Same Amount (ALL COUNCIL DISTRICTS) RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached supplemental appropriation ordinance increasing the appropriations in the Risk Management Fund in the amount of$200,000.00 and decreasing the Assigned Risk Management Fund Balance by the same amount; and 2. Adopt the attached Resolution authorizing an increase in the amount of$200,000.00 to the maximum amount to be paid to Kelly, Hart and Hallman L.L.P., as outside counsel to represent the City in the lawsuits entitled City of Fort Worth v. Employees' Retirement Fund of the City of Fort Worth, Cause 342- 262392-12, and Richard Van Houten, Jr. and.Stephen Hall v. City of Fort Worth, a Texas Municipal Corporation, Cause 4:12-CV-00826, and any other litigation related to the pension benefit changes adopted by the City Council on October 23, 2012, for a total amount of$400,000.00. DISCUSSION: On November 6, 2012, the City Council adopted (M&C G-17724)and Resolution No. 4142-11-2012, the City Council ratified the employment of Kelly, Hart and Hallman, L.L.P., as outside legal counsel to represent the City in the lawsuit entitled City of Fort Worth v. Employees' Retirement Fund of the City of Fort Worth, Cause 342-262392-12, and authorized compensation in the amount up to $100,000.00. On December 4, 2012, the City Council adopted (M&C G-17752) and Resolution No. 4152-12-2012, approving the employment of Kelly, Hart and Hallman, L.L.P., as outside legal counsel to represent the City in the lawsuit entitled Rick Van Houten and Stephen Hall v. City of Fort Worth, a Texas Municipal Corporation, Cause 4:12-CV-00826, and authorized compensation in the amount up to $200,000.00 for both lawsuits and any other litigation related to the Retirement Ordinance amendments adopted by the City Council on October 23, 2012. Because of the numerous issues addressed in the lawsuits, and the complexity of the issues involved in Logname: 12KHHAMEND Page 1 of 2 both lawsuits, it is necessary to increase the maximum amount to be paid to Kelly, Hart and Hallman, L.L.P. Adoption of this resolution will increase the amount of compensation to be paid to Kelly, Hart and Hallman, L.L.P„ by $200,000.00 for a total in the amount of$400,000.00. FISCAL. INFORMATION /CERTIFICATION: The Financial Management Services Director certifies that upon approval of the above recommendations and adoption of the attached supplemental appropriation ordinance, funds will be available in the current operating budget, as appropriated, of the Risk Management Fund. Upon approval, the fund balance of the Risk Management Fund will be in compliance with the minimum reserved as outlined in the Financial Management Policy Statements. FUND CENTERS: TO Fund/Account/Centers FROM Fund/Account/Centers FE71 534050 0137120 $200,000.00 FE71 534060 0137120 $200,000.00 CERTIFICATIONS: Submitted for City Manager's Office by: Susan Alanis (8180) Oriainating Department Head: Sarah Fullenwider (7623) Additional Information Contact: Gerald Pruitt (7616) Logname: 12KHHAMEND Page 2 of 2