NUMB:
981751
VERS:
ORIGINAL
REF:
XXBY:
THE CHAIR
TITL:
Resolution amending the agreement between the City of Milwaukee and the Kohn Law Firm for collection services for receivables of the City of Milwaukee to provide that the Kohn Law Firm shall remit payments to the City, less the fees due and costs incurred and to amend file no. 980521 to provide that the Treasurer is authorized to expend monies from the City Attorney Collection Contract, Special Purpose Account 01-003-8001, Account No. 634005, Fund 0001, Organization 2210, Program 0001, Sub Class S113. (City Attorney)
ANLS: ___________________________________________________________________
-Analysis-
Under procedures inaugurated with the 1997 agreement with the Kohn Law Firm, Kohn remitted gross collections and billed the City of Milwaukee for both court costs and fees.
This resolution authorizes a change in the procedures under the agreement between the City of Milwaukee and the Kohn Law Firm for collection services for receivables of the City of Milwaukee to provide that the Kohn Law Firm shall remit payments to the City, less the fees due and costs incurred. The change is necessary to assure prompt payment to the Kohn Law Firm. ___________________________________________________________________
BODY:
Whereas, On January 1, 1997, the City of Milwaukee and the Kohn Law Firm entered into an agreement for collection services for receivables of the City of Milwaukee, and
Whereas, Section VII. B. of the agreement provides that all court costs shall be initially advanced by the Kohn Law Firm and billed to the City, and
Whereas, Section VII. C. of the agreement provides that the fees incurred by the Kohn Law Firm shall be collected from the City pursuant to the Standard Operating Procedures, and
Whereas, The City is required to pay the Kohn Law Firm its fees and costs within 10 working days of billing, and
Whereas, To facilitate prompt payment of the City's outstanding obligations to the Kohn Law Firm, now, therefore be it
Resolved, By the Common Council of the City of Milwaukee, that the Kohn Law Firm shall remit payments to the City of Milwaukee for the City's accounts receivable, less the fees due to the Kohn Law Firm and the costs expended by the Kohn Law Firm, and be it
Further Resolved, By the Common Council of the City of Milwaukee, that the agreement between the City of Milwaukee and the Kohn Law Firm dated January 1, 1997 and the Standard Operating Procedures incorporated therein shall be amended to conform to this resolution; and be it
Further Resolved, That file no. 980521 is amended to provide that the Treasurer is authorized to expend monies from the City Attorney Collection Contract, Special Purpose Account 01-003-8001, Account No. 634005, Fund 0001, Organization 2210, Program 0001, Sub Class S113; and be it
Further Resolved, The Comptroller's Office is authorized to create the necessary budget line in the City's financial management information system in the amount of $150,000.00 for use by the City Treasurer.
DFTR:
City Atty.
BAT/enm
18165
March 19, 1999