Loading...
HomeMy WebLinkAbout2001-101ORDINANCE NO 57f 0/ AN ORDINANCE OF THE CITY OF DENTON, TEXAS AUTHORIZING THE CITY MANAGER TO EXECUTE A FIRST AMENDED AGREEMENT FOR PROFESSIONAL LEGAL SERVICES WITH THE LAW FIRM OF FULBRIGHT & JAWORSKI, LLP FOR SERVICES PERTAINING TO OBTAINING A PRIVATE LETTER RULING FROM THE INTERNAL REVENUE SERVICE RESPECTING THE ISSUANCE OF TAX-EXEMPT DEBT TO REFINANCE OUTSTANDING TEXAS MUNICIPAL POWER AGENCY DEBT, AUTHORIZING THE EXPENDITURE OF FUNDS THEREFOR, PROVIDING FOR RETROACTIVE APPROVAL OF THE AGREEMENT, AND PROVIDING AN EFFECTIVE DATE WHEREAS, the City Council deems it necessary and appropriate and in the public interest to, continue to engage the law firm of Fulbnght & Jaworski, LLP ("F&J"), of Houston, Texas, to provide professional legal services pertaining to obtaining a private letter ruling from the Internal Revenue Service respecting the issuance of tax-exempt debt to refinance outstanding Texas Municipal Power Agency debt, and WHEREAS, the City has previously retained the professional legal services of F&J on this matter on May 7, 1999, and has operated under a letter agreement for professional legal services, signed by the City Manager, in the amount of $24,250 since that time, and F&J has also entered into other professional service agreements with the other TMPA Cities, and the expenses have been very unpredictable, thus resulting in this First Amendment, and WHEREAS, the City staff has reported to the City Council that there is a substantial need for the hetemabove described professional services by the City, and that limited City staff cannot adequately perform the specialized legal services and tasks with its own personnel, and WHEREAS, Chapter 2254 of the Texas Government Code, known as the "Professional Services (Procurement Act," generally provides that a city may not select a provider of professional services on the basis of competitive bids, but must select the provider of professional services on the basis of demonstrated competence, knowledge, and qualifications, and for afair and reasonable price, and the City Council hereby finds and concludes that F&J is appropriately qualified under the provisions of the law, to be continued as outside legal counsel for the City, respecting this engagement, and WHEREAS, the City Council has provided in the City budget for the appropriation of funds to be used for the procurement of the foregoing professional legal services, as set forth in this First (Amendment to Agreement for Professional Legal Services, NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS SECTION 1 That the City Manager is hereby authorized to execute a First Amendment to Agreement for Professional Legal Services with the law firm of Fulbright & Jaworski, LLP of Houston,� Texas for professional legal services pertaining to obtaining a private letter ruling from the Internal Revenue Service respecting the issuance of tax-exempt debt to refinance Texas Municipal Power Agency debt, in substantially the form of the First Amendment to Agreement for Professional Legal Services attached hereto and incorporated herewith by reference SECTION 2 That the award of this First Amended Agreement is on the basis of the demonstrated competence and qualifications of F&J, and the ability of F&J to perform the professional legal services needed by the City for a fair and reasonable price SECTION 3 That the expenditure of funds as provided for in the attached First Amended Agreement for Professional Legal Services is hereby authorized SECTION 4 That as to the payment of fees and expenses, the First Amendment to Agreement for Professional Legal Services is hereby ratified and retroactively approved, and shall be effective from and after November 1, 2000 SECTION 5 That except as provided in Section 4 heremabove, this ordinance shall become effective immediately upon its passage and approval PASSED AND APPROVED this the f,J h day of / 2001 EULINE BROCK, MAYOR ATTEST JENNIFER WALTERS, CITY SECRETARY By APPROVED AS TO LEGAL FORM HERBERT L PROUTY, CITY ATTORNEY AJA By S \Our Documents\0rdmances\01\Fulbnght & Jaworskt First Amend K Pnvate Lttr IRS ord doc 2 THE STATE OF TEXAS ) COUNTY OF DENTON ) FIRST AMENDMENT TO AGREEMENT FOR PROFESSIONAL LEGAL SERVICES THIS FIRST AMENDMENT to that certain Agreement for Professional Legal Services, dated May 7, 1999, heretofore entered into by and between the City of Denton, Texas, a Texas Municipal Corporation with its offices at 215 East McKinney Street, Denton, Texas 76201 (hereafter referred to as "CITY"), and the law firm of Fulbnght & Jaworski, LLP, with its offices at 1301 McKinney, Suite 5100, Houston, Texas 77010 (hereafter referred to as "CONSULTANT"), acting herein by and through their respective duly authorized signatories, and NOW THEREFORE, the City of Denton, Texas and the law firm of Fulbright & Jaworski, LLP (hereafter collectively referred to as the "PARTIES"), in consideration of their mutual promises and covenants, as well as for other good and valuable considerations, do hereby AGREE to the following amendments to the terms and conditions of the Agreement For Professional Legal Services (hereafter the "Agreement"), dated May 7, 1999, to wit I That in lieu of and in substitution for the first sentence of the provisions of Item 1 of the "City of Denton Addendum to Fulbrtght & Jaworski, LLP Engagement Letter Dated March 23, 1999 Respecting Professional Legal Services," the Item shall instead state as follows The Firm reasonably estimates that the City of Denton ("Denton") 21 3% pro-rata share of all charges for the legal services provided for in this engagement, including expenses as set forth herein shall not exceed $39,250 II The PARTIES agree, that except as specifically provided for by this First Amendment to Professional Legal Services Agreement, that all of the terms, covenants, conditions, agreements, rights, responsibilities, and obligations of the parties set forth in the Agreement, shall remain in full force and effect IN WITNESS WHEREOF, the City of Denton, Texas and the law firm of Fulbnght & Jaworski, LLP have executed this First Amendment To Agreement For Professional Legal Services, in four (4) original counterparts, by and� _th�r9ugh their res eptive my authorized representatives and officers on this the rvrri day of 2001 1 ATTEST JENNIFER WALTERS, CITY SECRETARY APPROVED AS TO LEGAL FORM HERBERT L PROUTY, CITY ATTORNEY By ATTEST By do I" /lea sSZru . C \TEMP\gwpnnt\FULBRI-1 DOC "CITY" CITY OF DENTON, TEXAS A Texas Municipal Corporation By Michael W Jez, City Manager "CONSULTANT" FULBRIGHT & JAWORSKI, LLP A Texas Limited Liability Partnership By G qe A l4 , ✓'oNe-es, 2