CITY OF ORLANDO
COUNCIL AGENDA ITEM


Items Types:
Business and Financial Services
For Meeting of:
October 5, 2015
District: ALL From:
Contract ID: Document Number:
Exhibits: Yes On File (City Clerk) : Yes Draft Only: No
Grant Received by City?: No

Subject:
Special Legal Counsel Engagement - Bond Transactions & Other Financial Matters - Shutts & Bowen LLP

Summary:
The current engagement letter between the City and Shutts & Bowen LLP for fiscal year 2014-2015 expires on September 30, 2015, and the Office of Business & Financial Services and City Attorney's Office desire to continue to utilize Shutts & Bowen LLP as special legal counsel for bond transactions and other complex financial matters for fiscal year 2015-2016 pursuant to the terms set forth in the attached engagement letter. The rates remain unchanged from last year.  

Fiscal & Efficiency Data: Fiscal Impact Statement attached.  Actual costs will depend on the number of transactions and are paid from bond proceeds.

Recommended Action:
Approval of the Engagement Letter and authorization for the City Attorney to execute same.


Agenda Item attachment(s) on file in the City Clerks Office.

Note: All agenda items must be in the City Clerk's office by Noon Friday, six(6) business days prior to the regular Monday City Council meeting.

Contact: James Varnado, OBFS
Approved By:

Department Date and Time
Budget Outside Routing Approval 9/22/2015 4:12 PM
City Clerk 9/23/2015 10:23 AM

ATTACHMENTS:
Name: Description: Type:
Proposed_Shutts___Bowen_Engagement_Ltr_for_FY_2015-2016.pdf Engagement Letter Backup Material
FIS-S_B_Engagement.docx FIS Backup Material

"Enhance the quality of life in the City by delivering public services in a knowledgeable, responsive and financially responsible manner."