File #: 18-0193    Version: 1 Name: Professional Services Contract (Bond Counsel)
Type: Resolution Status: Adopted
File created: 2/7/2018 In control: Law
On agenda: 3/21/2018 Final action: 3/27/2018
Title: Dept/ Agency: Law Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: Professional Services Contract Purpose: Bond Counsel Services Entity Name: Decotiis, Fitzpatrick, Cole & Giblin, LLP. Entity Address: Glenpointe Centre West, 500 Frank W. Burr Boulevard, Suite 31, Teaneck, New Jersey 07666 Contract Amount: An amount not to exceed $200,000.00 Funding Source: City of Newark Bond Note Proceeds Contract Period: January 1, 2018 through December 31, 2018 Contract Basis: ( ) Bid ( ) State Vendor (X) Prof. Ser. ( ) EUS ( ) Fair & Open (X) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information:
Sponsors: Council of the Whole
Title
Dept/ Agency: Law
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: Professional Services Contract
Purpose: Bond Counsel Services
Entity Name: Decotiis, Fitzpatrick, Cole & Giblin, LLP.
Entity Address: Glenpointe Centre West, 500 Frank W. Burr Boulevard, Suite 31, Teaneck, New Jersey 07666
Contract Amount: An amount not to exceed $200,000.00
Funding Source: City of Newark Bond Note Proceeds
Contract Period: January 1, 2018 through December 31, 2018
Contract Basis: ( ) Bid ( ) State Vendor (X) Prof. Ser. ( ) EUS
( ) Fair & Open (X) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a
Additional Information:

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WHEREAS, the City of Newark as the largest municipality in the State of New Jersey faces novel issues on a daily basis and has a need to acquire bond counsel legal services; and

WHEREAS, DeCotiis, Fitzpatrick, Cole & Giblin, LLP (DeCotiis, Fitzpatrick, Cole & Giblin), Glenpointe Centre West, 500 Frank W. Burr Boulevard, Suite 31, Teaneck, New Jersey 07666, is a law firm with diverse practice and specific expertise in issues involving municipal government and submitted a proposal to provide bond counsel legal services and it was found, to be in the interest of the City of Newark to accept the proposal for the purpose of providing Bond Counsel Legal Services; and

WHEREAS, the Mayor and the Acting Corporation Counsel wish to enter into a contract with DeCotiis, Fitzpatrick, Cole & Giblin, to provide Bond Counsel Legal Services in an amount not to exceed Two Hundred Thousand Dollars and Zero Cents ($200,000.00), for the period of January 1, 2018 through December 31, 2018; and

WHEREAS, the Acting Corporation Counsel has determined and certified in writing that the value of this contract will exceed $17,500.00; and

WHEREAS, this Contract is awarded without competit...

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