NUMB:
000182
VERS:
ORIGINAL
REF:
991902
XXBY:
THE CHAIR
TITL:
Resolution appropriating additional funds in the amount of $89,000 for the purpose of retaining outside legal counsel with regard to the global pension settlement litigation. (City Attorney)
ANLS:
This resolution appropriates an additional $89,000 from the Outside Counsel/Expert Witness Fund Special Purpose Account No. 0001-1490-0001-S157-2000-634001 for the purpose of funding outside counsel Reinhart, Boerner, Van Deuren, Norris & Rieselbach, S.C. (Firm), to participate in the global pension settlement litigation to implement the global settlement.
BODY:
Whereas, Common Council File No. 971183 authorized the City Attorney to enter into an agreement with the Firm to provide the city with representation in the case of MPA, et al. v. City of Milwaukee, et al., Case No. 97-CV-007996, as outside counsel in defense of Common Council File No. 970387; and
Whereas, The parties have entered into an agreement to expand the scope of the Firm's engagement to include acting as a consultant in the establishment of a new retirement system for city employees; and
Whereas, The parties have agreed that the Firm will participate in the global pension settlement litigation to implement the global settlement; and
Whereas, FN 991902 adopted on 4/11//00 expanded the scope of the engagement of the Firm to provide the city with representation in Case No. 00-CV-003439 and allocated $100,000 for this purpose; and
Whereas, Of this amount there is a remaining balance of $8,979.11 and $89,000 of additional funding is necessary; now, therefore, be it
Resolved, That the sum of $89,000 be and hereby is appropriated from the Outside Counsel/Expert Witness Fund Special Purpose Account No. 0001-1490-0001-S157-634001 to the City Attorney's Office for the purpose of funding the Firm to provide the city with representation in pension settlement litigation to implement the global settlement; and, be it
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