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HomeMy WebLinkAboutO-2000-2450 ORDINANCE NO. 2000-~~SD AN ORDINANCE AUTHORIZING AN AGREEMENT BETWEEN THE CITY OF LA PORTE AND THE LAW FIRM OF JOHN M. O'QUINN AND ASSOCIATES, L.L.P.; FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW; AND PROVIDING AN EFFECTIVE DATE HEREOF. WHEREAS, the City of La Porte has heretofore been an unnamed class member in the class action suit styled cities of Wharton, Pasadena and Galveston vs. Houston Lighting & Power Company; and WHEREAS, in the cities of Wharton, Pasadena and Galveston vs. Houston Lighting & Power Company case it was determined by a jury that Houston Lighting & Power Company had perpetrated fraud and breached its franchise contract with the cities of Wharton, Galveston and Pasadena; and WHEREAS, the jury awarded over $34 million to these Texas cities for such conduct and breach; and WHEREAS, that class action has now been decertified without resolution of the cities' claims; and WHEREAS, the City Council, acting as good steward, desires to protect the claims and interests possessed by the City; now therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE: Section 1. That the City Council of the City of La Porte hereby authorizes Benjamin L. Hall, III and the law firm of John M. Q'Quinn and Associates, L.L.P. to prosecute any and all claims on behalf of the City of La porte pursuant to the terms of the agreement attached hereto as Exhibit "A". The City Manager is hereby authorized to execute such document and all related documents on behalf of the City of La Porte. The City Secretary is hereby authorized to attest to all such signatures and to affix the seal of the city to all such documents. Section 2. The City Council officially finds, determines, recites, and declares that a sufficient written notice of the date, hour, place and subject of this meeting of the City Council was ~ODO J.~ 50 posted at a place convenient to the public at the City Hall of the City for the time required by law preceding this meeting, as required by the Open Meetings Law, Chapter 551, Texas Government Code; and that this meeting has been open to the public as required by law at all times during which this resolution and the subject matter thereof has been discussed, considered and formally acted upon. The City Council further ratifies, approves and confirms such written notice and the contents and posting thereof. section 3. This Ordinance shall be effective from and after its passage and approval. PASSED AND APPROVED this 13th day of November, 2000. By: ~TE N rman L. Mai~- Mayor ATTEST: l{[f)i1;()&- /}. lu<<! Mart a A. Gillett City Secretary AP~D: V6/&'lri~ Knox W. Askins City Attorney 2 ASKINS & ARMSTRONG. P. C. ATTORNEYS AT LAW 702 W. FAIRMONT PARKWAY P.O. BOX 121B LA PORTE, TEXAS 77572-1218 KNOX W. ASKINS ..JOHN D. ARMSTRONG TELEPHONE 281 471-1886 TELECOPIER 281 471-2047 CHARLES R. HUBER. ..JR. BOARD CERTIFIED, CIVIL TRIAL LAW TEXAS BOARD OF LEGAL SPECIALIZATION CLARK T. ASKINS January 15, 2001 Ms. Martha A. Gillett City Secretary city of La Porte City Hall La Porte, Texas Re: HL&P Class Action Litigation Dear Martha: I enclose original signed copy of agreement between City of La Porte and the law firm of John M. O'Quinn and Associates, L.L.P. Please attach this original copy to ~ance No. 2000-2450. I ur~ve~ truly, ox w~skins City Attorney City of La Porte KWA:sw Enclosure EXHIBIT "A" LETTER AGREEMENT RETAINING BENJAMIN L. HALL, III AND THE FIRM OF JOHN M. O'QUINN & ASSOCIATES, L.L.P. TO REPRESENT CLIENT INTERESTS, GRANT POWER OF ATTORNEY AND CONTINGENT FEE CONTRACT SCOPE The City of La Porte ("City") hereby n:tains and cmploys Bcnjamin L. Hall, III and Jolm M. O'Quinn & Associates, L.L.P., ("Attorneys") to sue for and recover all fecs, damages, claims, and compensation to which the City may be entitled as well as to compromise and settle all claims that the City may have against Houston Lighting & Power Company, Reliant Energy, Inc., and all their subsidiaries, alTiliates, predeccssors, succcssors, and assigns, ("thc Companies"), that had or have facilities, equipment, pipelines, uses, transmissions, franchises, or otht:r prt:sences upon, on, under, above, across, through, or in the public rights of way or property of the City or which use such facilities within the City and for which a fee is due or owing in law, contract or equity to the City. It is expressly agreed and understood that the Attorneys' representation is limited to representation of the City relating to electrical power debts or obligations and not to any other matter, person, entity, or enterprise not specifically named herein as a client. Further, the Attorncys' rcpresentation of the City is limited to the specific matters described herein and the City does not expect nor will the Attorneys pursue any other matters not specilically covered by this Agreement. FEES In consideration of the Attorneys' work on behalf of City, the City hereby assigns, grants, and conveys to the Attorneys the following present undivided interest in all claims or causes of action that are covered by this Agreement as a reasonable contingent fee for the Attorneys' services and said contingent fee will be figured on the total gross recovery of settlement. The Attorneys will possess an interest of the greater of the total attorney's fees awarded by the Court and/or jury or forty percent (40%) of any gross settlement or recovel)' amount. It is t:xpressly agreed between the parties that no money shall be paid to the Attorneys until and unless a recovery of funds is made on behalf of City, and that all attorneys' fees will come solely out of such recovery and no other City funds. All monies and everything of value (expressed in present cash dollars) recovered, received, or obtained by the City from any entity, person, individual, corporation, partnership, etc., or their successors, heirs or assignees covered by this Agreement shall be calculated to detennine total recovery or settlemt:nt value. In the event that the Attorneys and the City cannot agree on the value, expressed in present cash dollars, of any item or thing included in a total recovery or settlement, the parties agree to obtain the services of a mutually agreed upon accounting linn to make an apprai,;:al of present cash value of such item or thing which appraised value shall be assigned to such item or thing lor plll1Xlses of determining cash value of the total recovery or settlement, or else this will be resolved by arbitration as mutually agreed upon by the parties. In consideration of the Attorneys' services, the City hereby conveys and assigns to the Attorneys and agrees to pay to the Attorneys an undivided interest in and to all of the City's claims and causes of action covered by this Agreement to the extent of the percentages set forth above. If then: is any type of scttlcment reached by the Attorneys whereby the City is to receive or be paid future payments, thcn the st:ttlement will be reduct:d to pn;scnt value and the st:ttlement will be arranged whereby there will be sutlicient cash at the time of the settlement to P~IY the attorneys' fees which will be ligured on the present value of the settlement in~luding.the present vulue of future payments. All Sluns due und to become due are payable at the office of Jolm M. O'Quinn & Associates, L.L.P., in Harris County, Texas. SETTLEMENT TIle Attorneys shall be authorized to compromise and scttle all claims covered by this Agreement. The Attorneys shall be solely responsible for negotiating the tenns of any settlements. Howcver, no settlement of any nature will be made without City's approval and City agrees to make no settlcment or oller of settlement without the approval of the Attorneys. The parties agree to approve reasonable settlements. POWER OF ATTORNEY The Attorneys are hereby granted power of allomey so that they may have full authority to prepare, sign, and tile all legal instnunents, pleadings, drul1s, authorizations, and papers that shall be reasonably necessary to conclude this representation, including settlement undlor reducing to possession any and all monies or other things of value due to the City. The Attorneys are also authorized and empowered to act as the City's negotiators in any and all settlement negotiations concerning the subject matter of this Agrcement. NO GUARANTEES It is understood and agreed that the Attorneys cannot warrant or guarantee outcome of any particular claim and the Attorneys have not represented to the City that City will recover all or any funds. City realizes that Attorneys will be investigating the law and facts applicable to its claims on a continuing basis and should the Attorncys learn something that in the opinion ofthe Attorneys makes it impractical for attorneys to proceed with the handling of the City's claim, the Attorneys may withdraw from further representation of City by sending written notice to City's last known address. Such notice shall not be given in such a manner or at such a time as to prejudice the rights of the City. EXPENSES City additionally agrees that the Attorneys are to be repaid and reimbursed out of any recovery for all court costs and expenses that the Attorneys have paid or incurred relating to City's claims. 'Ille City further agrees that attorneys may borrow funds to pay expenses and that any reasonable interest due and owing on such amounts advanced by the Attorneys on behalf of City's claim will be reimbursed out ofCity's recoverics. Thc attorncys' Ices will be ligurcd on a total recovery or settlement. If the Attorneys do not obtain a settlement or recowry f()f the City, then the City will not pay any fees or expenses. COOPERATION The City agrees to cooperate with the Attorncys at all times and comply with all reasonable requests of the Attorneys to facilitate this Agreement. The City further agrees to provide the Attorneys with all requested documentation, information, records, and witnesses that will be needed to reasonably rcpresent the interests of the City. ASSOCIATED COUNSEL The Attorneys may, at their own expense, use or associate othcr attorneys in the representation of matters covered by this Agreement. The City further understands that a number of attorneys may rcpresent the legal interests of the City on the matters covered by this Agreement and that no conunitment is madc that any particular lawyer associated with the Attorneys shall be personally undertaking representation of the City's claims. Attorneys may tcrnlinate this Agreement if in their reasonable professional judgment such is ddellllined an acceptable course of action. CONSTRUCTION This Agreement shall be controlled and eonstmed by Texas law. ARBITRATION Any disagreements, disputes, controversies, or claims arising out of or relating to this Agreement shall be resolved by binding arbitration pursuan,ttQ the Federal Arbitration Ad in accordance with the Commercial Arbitration Rules then in effect with the American Arbitration Association. This Agreement is binding upon and inures to the benclit of the parties herdo and their respective heirs, executors, administrators, legal representatives, successors, and assigns. SEVERABILITY This Agreement shall be construed severally and ifany portion shall bc found to be invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unentorceability shall not allcet any other provisions of this Agreement that are not invalid, illegal, or unenforceable and the Agreement shall be construed ns though the invalid, illegal, or unenforceable provision had never been contained herein. COMPLETE ACREEMENT This letter Agreement constitutes the salt: and only Agreement of the parties hereto and supersedes any other writings or understandings or written or oral Agreement between the parties respective to the subject matter herein. Signed and approved this )3 ~y of !vb y: ,2000. Benjamin L. Hall, III The City of La Porte By:GJ~ ,. \~~ Autht?rized City Otricer Title Date: /1- /1-00 ~ly J1J ~ I f/ AHEST: Other authorized signatun:s of City oll"icials ~ tJjr/l~(]( JiuuI Title: (I j r 'f S [- C jl. t. /7<< Y / Countersigned by: g:\benhall\wharton \1 trauth EXHIBIT "A" LETTER AGREEMENT RETAINING BENJAMIN L. HALL, 111 AND THE FIRM OF JOHN M. O'QUlNN & ASSOCIATES, L.L.P. TO REPRESENT CLIENT INTERESTS, GRANT POWER OF ATTORNEY AND CONTINGENT FEE CONTRACT SCOPE The City of La Porte ("City") hereby retains and employs Benjamin L Hal!, m and Jolm M. O'Quinn & Associates, L.L.P., ("Attorneys") to sue I(lr and recover ullIL'Cs, damages, claims, and compensation to which the City may be entitled as well as to compmmise and scUll' all cluims that the City may have ag.ainst Houston Lighting & Power Company, Reliant Energy, Inc., and all their subsidiaries, amliatcs, predecessors, Sllccessors, and assigns, ("the Companies"), that had or have facilities, equipmcnt, pipelincs, uses, transmissions, lhmchises, or othl.'T presences upon, on, under, above, across, through, or in the public rights of way or propl-"Tly of the City or which use sueh lilcilities within the City and lor which a lee is due or owing in law, contract or equity to the City. It is expressly agreed and understood that the Attorneys' representation is limited to representation of the City relating to electrical power debts or obligutions and not to any otlle;' maUer, person, entity, or enterprise not specilically named herein as a client. Further, the Attomeys' representation of the City is limited to the spt":I,;ific matters descrihed herein and the City docs not expect nor will the Allomeys pursue ,lilY other mallers not specilically covered by this Agreement. FEES In consideration of the Attomeys' work on behalf of City, the City hl..'Tchy assigns, grants, and conveys to the Attorneys the following pn..'Scnt undivided inll.'Test in all d~lims or causes of action that are covered by this Agreement as a reasonable contingent tee for the Attorneys' services and said eonting.cnt fee will be ligured on the total gross recovery of settlement. TIle Attorneys will possess an interest ofthc grcater ofthc total attomey's fees awardl.>d by the Court and/or jury or forty percent (40%) of any gross selllement or rCCtlVcl)' amount. It is expressly agn-,cd bt.>twl..>en the parties that no money shall be paid to the Attorneys until and unless II recovcl)' of funds is madc on behalf of City, and that all attorneys' fees will come solely out of such recovery and no other City funds. All monies and everything of value (expressed in prt'sent cash dollars) n..'Covercd, received, or obtained by the City from any cntity, person, individual, corporation, p1ll1nership. etc., or their successors, heirs or assignees covered by this Agreement shall be calculated to dell.:nnine total recovery or ~ctllelllent valuc. In the cvent that the Attorneys and the City cannot agree on the value, exprcssed in present cash dollars, of any item or thing included in a total recovery or settlement, the parties agree to obtllin the services of a mutually agrecd upon accounting linn to make an apprai"al of prt.."SCIlt cash value of such item or thing which appraised value shall be ussignl..'(lto such item or lhing Il)r purposes of detennining cash value of the total recovery or settlement, or else this will he resolved by arhitmtion us mutually agrCl.>d upon by the parties. In consideration ofthe Attorneys' services, the City hereby conveys and assigns to the Attorneys and agrees to pay to the Attomcys an undivitk.>d interest in and to all ofthe City's claims and causes ofaetion covered by this Agreement to the ex1ent of the pt..'Tcentages set l(lrth above. If there is uny Iype ,)1' seltlcment reached by tJ1C Attorneys whereby the City is to receive or be paid fuluTC payments, then the settlement will he reduced to prescnt value and tJle settlement will be arranged whereby there will be sufticient cash at the time ofthc seUk'mcnllo pay the attorneys' tees which will be figured on the present value of the settlement including the present value of future payments. All sums due and to become due are payable at the oiliee of 101m M. O'Quinn & Assoeiutes, L.L.P., in II<lITis Cmmty, Texas. SETTLEMENT The Attorneys shall he authorized to compn)mise and settle all claims covered hy this Agreement. The AUorneys shall be solely responsible tor negotiating the ternlS of uny selllemcnts. However, no scHlelnl.'!lt of any nature will be made without City's approval and City agrees to make no settlement or oller of scttlement without the approval of the Attomcys. The parties agn..'C to approve reasonable settlements. POWER OF ATTORNEY TIle Attorneys arc hereby granted power of aHorney so that they may have full authority to prepare, sign, and file all legal i.l1stnllnents, pleadings, drans, authorization,,>, and papl:fS that shall be reasonably necessary to conclude this representation, including settlement and/of reducing 10 pOSSCS:iiOll un)' ~lnd all monies or other things of value due to the City. The Attorneys are also authorized and cmpowercd to act as the City's negotiators in any and all settlement negotiations concerning the subject matter of this Agn,'ClllcnL NO GUARANTEES It is understood and agreed thaI the Attorncys cannnt wamlllt or guarantee outcome of.lIlY particular claim and the Attorneys have not represcnted to the City thnt City will n..'Cover ull or any lunds. City realizes that Attorneys will be investigating the raw and fucts applicable 10 ils claims on a continuing basis and should the Attorneys learn something that in the opinion ofthe Attorneys mokt.'s it impmcticnl for attorneys 10 proceed with the handling onhc City's elaim, the Attorneys may withdraw from lurthcr representation orCity by scnding writtcn notice to City's last known address. Such notice shall not be given in such a manner or at such a timc as to prcjudi<.:c thc rights of the City. EXPENSES City additionally agrees that the Altol11cys arc to be repaid and reimbursed out of any recovery tor all court costs and expenses that the Attorneys have paid or incurred relating to City's claims. 'Ihe City lurthcr agrees that attorneys may borrow funds to pay expenses and that (my reasonable interest due and owing. on such U1110unts advanced by the Attorneys on behalf of City's claim will be rcimbllTSl.-d out of City , s recoveries. 'Jh~ aUorncys' li..-cs will be fig.ured on a total recovClJ' or seulemt.'lJ1. If the Attorneys do not obtain a settlement or recovcr) I()[ Ilw Cily, then the City will not pay (Ill)' fees or expenses. COOPERATION The City ugn.'CS to coopcmte with the Attomeys at all times and comply with all reasonable requests of the Attorneys to facilitate this Agrt..'Cmcnt. 'IllC City lhrther agn.'Cs to prnvidc the Altome)'s with all rcquestt.'d documentation, information, records, and witnesses that will be Ilcl.>ded to rcnsonably represent the inlerests of Ihe Cily. ASSOCIATED COUNSEL TIle Attorneys may, at their own eXf1L'11Se, use or associate othl.'f uUol1leys in the n.'prescntation ofmattcrn covered by this Agreement. The City lurthcr undcrstunds that unumber ofatlomeys may rcprcscntthe legal interests of the City on the matters covered by this Agreement and that no eonunilment is mnde thai un)' particular lawyer associated with the Attorneys shall be personally undt..'t1aking representation of the City's claims. Atlomeys may tenninate this Agreement if in their reasonable professional judgment such is dctennined an acceptable cOllrse of<lction. CONSTRUCTION This Agreement shall be controlled .md CC)JlstTlled by Texas law. ARBITRATION Any disagreements, dispules, controversies, or cluims urising. out of or rcl<lting to this Agrl.'cment shall be resolved by binding arbitmtion pursuant to the Fcdcml Arbitration A.:I in <lccorJance with the Commercial Arbitration Rules then in effect with the Aml.>fican Arbitration Ass()ci~lljoll. 111is Agreemcnt is binding upon and inures to the bcnclit of/he parties hereto and their respective heirs, executors, administratl1rs, legal representatives, SllCCI..'ssors, and assigns. SEVERABILlTY This Agreement shall be construed scvl.'lully and if any portion shall be It1lllld to be invalid, illegal, or wlenlbrcenble in any respect, such invalidity, illegality, or unenfi.)l'cC'<lbility shallllot an...'Ct any other provisions of this Agn.'Cment that are not invalid, illegal, or unenforceable and the Agreement shall be eonstnled as though the inV'<llid, illegal, or unenforceable provision had never been contained herein. COMPLETE AGREEMENT 111is letter Agret..>mcnt constitutes the sole und only Agreement urthe parties hereto and sUpL'Tsedes any other writings or Wldersmndings or written or om} Agreement between the parties rcspl..'Ctivc 10 Ihe subject malter herein. Signed und approved this day or ,:WOO. Juhn M. O'Quinn & Associates, L.t.P. Benjamin L Hall, 1I1 The City of l.a FOlic 13Y()?tJ}.v.X- T. \<\..J;?,Iv~ Authorized City Olliei:f Title Date: AlTEST: Other autholizl..-d signatures orCity ol1icials Title: Countersigned by: Tille: APPROVED AS TO FORM: City Auol1wy g:\benhall\wharton\ltrauth