M&C Review


COUNCIL ACTION:  Approved on 6/12/2018 - Resolution No. 4944-06-2018

DATE: 6/12/2018 REFERENCE NO.: **G-19298 LOG NAME: 12KELLY HART & HALLMAN PENSION COUNSEL
CODE: G TYPE: CONSENT PUBLIC HEARING: NO
SUBJECT:  

Adopt Resolution Authorizing the Employment of Kelly Hart & Hallman, L.L.P. as Outside Counsel, in an Amount Not to Exceed $150,000.00, to Assist the City with Pension-Related Legal Issues (ALL COUNCIL DISTRICTS)


RECOMMENDATION:

It is recommended that the City Council adopt the attached Resolution approving the retention of the law firm of Kelly Hart & Hallman, L.L.P. as outside legal counsel to assist and represent the City in pension-related legal issues.

 
DISCUSSION:

The City Manager is in the process of reviewing and preparing recommendations to the City Council to improve the health of the City of Fort Worth Employees' Retirement Fund (the Fund). The recommendations may include pension modifications for retirees, vested terminated members, future and current employees.   Recommendations to make pension modifications must be made in accordance with Article 16, Section 66, of the Texas Constitution, and Article 6243i of the Texas Revised Civil Statutes.  

Due to the extraordinary complexity of this area of the law, the City Manager recommended that the City retain outside legal counsel with extensive knowledge and expertise in public pension law.  

The law firm of Kelly Hart & Hallman, L.L.P. has experience in pension matters, and successfully represented the City in defending the modifications made to the pension system in 2012 and 2014.  Chapter VI, Section 3 of the City Charter requires the City Council to approve the retention of any outside legal counsel for assistance to the City Attorney. Accordingly, it is recommended that the City Council adopt the attached Resolution to retain Kelly Hart & Hallman, L.L.P. to assist City Staff and to represent the City in matters related to potential modifications to the Fund.

Legal fees are not expected to exceed $150,000.00.   

 
FISCAL INFORMATION/CERTIFICATION:

The Director of Finance certifies that funds are available in the current operating budget, as appropriated, of the Risk Management Fund.  Prior to an expense being incurred, the participating department has the responsibility to validate the availability of funds.  

TO
    Fund Department
ID
Account Project
ID
Program Activity Budget
Year
Reference #
(Chartfield 2)
Amount

FROM
    Fund Department
ID
Account Project
ID
Program Activity Budget
Year
Reference #
(Chartfield 2)
Amount
    60111 0147120 5520114           $150,000.00

Submitted for City Manager's Office by:
Susan Alanis (8180)
Originating Department Head:
Sarah Fullenwider (7606)
Additional Information Contact:
Laetitia Brown (6639)

 
 
ATTACHMENTS
  KHH 1295.pdf
  KHH pension resolution 2018.doc