HomeMy WebLinkAboutReso 99-173RESOLUTION NO.99-173
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
SUNNY ISLES BEACH, FLORIDA, WAIVING CERTAIN POTENTIAL
CONFLICTS OF INTEREST IN CONNECTION WITH THE
ENGAGEMENT BY THE CITY MANAGER OF THE FIRM OF
GREENBERG TRAURIG TO RENDER A TAX OPINION WITH
RESPECT TO ORDINANCE NO. 99- FOR THE ISSUANCE OF TAX
REVENUE CERTIFICATES; PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the City Commission approved Ordinance No. 99- , allowing for a
loan; and
WHEREAS, in order to complete the documentation for the loan, a tax opinion with
respect to that loan, the City Manager has engaged the firm of Greenberg Traurig; and
WHEREAS, Greenberg Traurig has occasionally appeared before this Commission on
behalf of other clients whom may now or in the future have interests adverse to that of the City;
and
WHEREAS, while there may be no actual conflict of interest, it is necessary and
desirable and the Rules of Professional Conduct regulating the Florida Bar allow for it, if it is
deemed to be in the best interest of the City to waive any potential conflict of interest ;
NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS:
Section 1. Waiver of Conflict of Interest. The City hereby waives any conflict of interest
that Greenberg Traurig may have now, or in the future, as a result of its representation of the City
with respect to documentation and issuance of an opinion with respect to Ordinance No. 99-
Section 2. Effective Date. This Resolution shall take effect immediately upon its adoption.
`
PASSED AND ADOPTED this ke day of bJ , 1999.
David Samson, /dyor
ATTEST:
Richard Brown-Morilla, City Clerk
Conflict of Interest Waiver Res. — Greenberg Traurig 1
11/29/99/2:45 PM LMD:rbm
APPROVED AS TO FORM AND
LEGAL SUFFICIENCY
y
L M. Dannheisser, City Attorney
VOTE: 5-, 0
Mayor Samson
Vice Mayor Turetsky
Commissioner Iglesias
Commissioner Kauffman
Commissioner Morrow
Moved by: l'�
Seconded by: Ccr'-.,,,,,; w� o 7no
7
✓ (Yes)
(No)
✓ (Yes)
(No)
✓ (Yes)
(No)
t/ (Yes)
(No)
t (Yes)
(No)
Conflict of Interest Waiver Res. — Greenberg Traurig
11/04/99/4:39 PM LMD:ch
City of
Sunny Isles Beach
17070 Collins Avenue, Suite 250
Sunny Isles Beach, Florida 33160
Telephone: (305) 947-0606
Facsimile: (305) 949-3113
David Samson, Mawr
Connie Jlorrov,, Wce Mawr
Commissioners
Danny Iglesias
Lila Kauffman
Iming Turetsky
Ciro Manager
Jack Neustadt
City Attomer
Lynn N1. Dannheisser
MEMORANDUM
TO: City Commission
FROM: Lynn Dannheisser, City Attorney
DATE: November 18, 1999
SUBJECT: RESOLUTION WANING CONFLICT OF INTEREST AS TO TAX
OPINION FROM GREENBERG TRAURIG
RECOMMENDATION:
The City Attorney's recommendation is to approve this Resolution.
REASON:
By reason of Agenda Item 7D, authorizing the issuance of a bond in the principal
amount not to exceed $20,000,000.00, an opinion of bond counsel is necessary as to,
among other things, the qualified tax-exempt nature of the bond issuance. At the
request of the lender, this office has engaged the firm of Greenberg Traurig to issue
the required tax opinion. As Greenberg Traurig occasionally appears before this
Commission on behalf of other clients, it is desirable, and, in this case, in the best
interest of the City, to waive any potential conflict of interest, as to representation of
the City, by Greenberg Traurig as bond counsel.
Respectfully submitted,
LMD:ch
Attachment
Cay Clerk
Richard Brown-Morilla