NUMB:
000031
VERS:
SUBSTITUTE 1
REF:
XXBY:
THE CHAIR
TITL:
Substitute resolution appropriating an additional $13,000 from the Outside Counsel/Expert Witness Fund, for the purpose of paying the defense of the Milwaukee Employes' Retirement System (ERS) and Annuity and Pension Board in Watson Wyatt & Co., et al. v. Milwaukee Employes' Retirement System, et al., Northern District of Illinois, United States District Court Case No. 99-C-6140.
ANLS:
The City Attorney has authorized the ERS to retain outside counsel in conjunction with in the above case. This resolution appropriates an additional $13,000 from the Outside Counsel - Expert Witness Fund to enable the City Attorney to pay the costs associated with the ERS defense.
BODY:
Whereas, The City Attorney has advised the ERS to secure outside counsel in the above case to represent the ERS; and
Whereas, The City Attorney has an understanding with Mr. William Croke, the ERS insurance counsel, under which the ERS will reimburse the City if it is determined that the obligation to pay for the ERS' defense lies with the ERS fiduciary liability insurance carriers; and
Whereas, The ERS has retained the services of Irwin L. Kass of Boardman, Suhr, Curry & Field LLP to represent the ERS and the Board; and
Whereas, FN991359 appropriated $15,000 and bills to date total $27,309, and approximately $13,000 of additional funding is necessary to pay an outstanding invoice; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that the sum of $13,000 be and hereby is appropriated from the Outside Counsel - Expert Witness Fund, Special Purpose Account No. 0001 1490 S157 634001 to the City Attorney's Office for the purpose of paying the defense costs submitted by Boardman, Suhr, Curry & Field; and, be it
Further Resolved, That the office of the City Attorney is hereby authorized to approve payment from the appropriation upon submission of itemized invoices meeting with th...
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