Fiscal Note
The proposed resolution amends the 2021 Adopted Operating Budget for the Assessor and Direct Appropriations and authorizes the City to retain special outside counsel on a non-competitive basis to assist in representing the City of Madison in property tax litigation for tax year 2019. Specifically, Madison East Partnership, LLC, 8 Twenty Park LLC and Mirus Madison, LLC have filed suit for excessive assessment for tax year 2019 for their Section 42 properties. The proposed resolution authorizes $35,000 for these legal services from Boardman & Clark, LLP and Attorneys Michael P. May and Kate Harrell. These legal services will be funded by the City’s Contingent Reserve, which will have an available budget of $1.685 million following the adoption of this resolution.
Title
Amending the 2021 Adopted Operating Budget for the Assessor to transfer $35,000 from Direct Appropriation’s Contingent Reserve in the General Fund to Assessor’s purchased services budget and authorizing the City to retain special outside counsel on a non-competitive basis to assist the City Attorney in representing the City’s interests in property tax litigation with Section 42 housing developments challenging their 2019 real property tax assessments.
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WHEREAS, City staff is currently negotiating a letter of engagement with Boardman & Clark, LLP to assist in representing the City’s interests in the excessive assessment lawsuits commenced by Section 42 properties; and,
WHEREAS, WWMIC has asserted policy exclusions which it claims exclude any coverage for any damages that might ultimately be awarded in the litigations; and,
WHEREAS, the City will be proceeding with all three litigations; and,
WHEREAS, under MGO § 4.26(4)(a)(3), the City may retain legal services of an attorney without competitive bids,
NOW, THEREFORE, BE IT RESOLVED that the 2021 Adopted Operating Budget is amended to transfer $35,000 from the Contingent Reserve in Direct Appropriations to the Assessor’s purchased s...
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