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HomeMy WebLinkAboutMINUTES - 02211984 - 1.44 1 rr" TO: BOARD OF SUPERVISORS Contra FROM: M. G. Wingett, County Administrator ^�S�la DATE: February 21, 1984 County SUBJECT: Authorization of Legal Fees SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION Recommendation Authorize County Administrator to execute letter agreement and Auditor- Controller to pay legal fees up to $21 ,000 to the law firm of Orrick, Herrington & Sutcliffe for validation action required for refunding Contra Costa County Public Facilities Corporation Bonds (Project I) , Series A, the Certificates of Participation for the 2425 Bisso Lane lease and the restructuring of the leases between the County and the Retirement Board for the Administration Building and the Pleasant Hill County Building. Background The County has an ongoing agreement with the law firm of Orrick, Herrington and Sutcliffe for necessary legal work in relation to financing through the Contra Costa County Public Facilities Corporation; however, validation actions are extra work beyond the scope of the agreement and, if needed, must be separately contracted. It has been determined that validation actions are necessary for the refunding of the 30 Muir Road, 610 Court Street, 2425 Bisso Lane and for restructuring the lease agreements between the County and the Retirement Board for the County Administration Building and the Pleasant Hill County Building. The firm of Orrick, Herrington & Sutcliffe has presented a letter agreement indicating the necessary legal work for the validation actions will not exceed $21 , 000, and it is recommended that the County Administrator be authorized to execute the letter agreement and the Auditor-Controller be authorized to pay up to $21 , 000 for the required services. CONTINUED ON ATTACHMENT: YES SIGNATURE: 0 RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE X APPROVE OTHER SIGNATURE(S) ACTION OF BOARD ON FebriiaryAPPROVED AS RECOMMENDED X OTHER VOTE OF SUPERVISORS —A UNANIMOUS (ABSENT - ) I HEREBY CERTIFY THAT THIS IS A TRUE AYES: NOES: AND CORRECT COPY OF AN ACTION TAKEN ABSENT: ABSTAIN: AND ENTERED ON THE MINUTES OF THE BOARD OF SUPERVISORS ONTHEDATE SHOWN. CC: County Administrator ATTESTED -{�+I'�tA.tditt/ County Counsel J.R. OLSSON. C NTY CLERK Auditor-Controller AND EX OFFICIO CLERK OF THE BOARD Orrick, Herrington & Sutcliffe �J l ;-, C 4 61 M282/7-e8 BY DEPUTY