Title
Dept/ Agency: Law
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Professional Services Contract
Purpose: To provide Bond Counsel Legal Services.
Entity Name: Wilentz, Goldman & Spitzer, P.A.
Entity Address: 90 Woodbridge Center Drive, Suite 900, Woodbridge, New Jersey 07095
Contract Amount: Not to exceed $200,000.00
Funding Source: City of Newark Bond/Note Proceeds
Contract Period: Twelve (12) months from the issuance of the Notice to Proceed
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 (the "City") 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, legal counsel services are professional services, exempt from the requirements of public bidding pursuant to the Local Public Contracts Law, more specifically, N.J.S.A. 40A:11-5(1)(a)(i); and
WHEREAS, Wilentz, Goldman & Spitzer, P.A. ("Wilentz"), a law firm with a diverse practice and specific expertise in issues involving municipal government, submitted a proposal to provide Bond Counsel Legal Services and it was found to be in the interest of the City to accept the proposal for the purpose of providing Bond Counsel Legal Services; and
WHEREAS, the Mayor and the Corporation Counsel wish to enter into a contract with Wilentz to provide Bond Counsel Legal Services in an amount not to exceed Two Hundred Thousand Dollars and Zero Cents ($200,000.00), for a twelve (12) month period commencing upon issuance of Notice to Proceed; and
WHEREAS, Ordinance 6PSF-a adopted on March 16, 2016, and its amending Ordinance 6PSF-c adopted on May 10, 2018, provides for the use of the redevelopme...
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