To: MAYOR AND CITY COUNCIL
From: MICHAEL W. WEBB, CITY ATTORNEY CHERYL PARK, ASSISTANT CITY ATTORNEY
TITLE
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DISCUSSION AND POSSIBLE ACTION REGARDING APPROVAL OF AGREEMENTS TO PROVIDE LEGAL SERVICES AS BOND AND DISCLOSURE COUNSEL
APPROVE AGREEMENT WITH NORTON ROSE FULBRIGHT US LLP FOR LEGAL SERVICES AS BOND COUNSEL FOR AN AMOUNT NOT TO EXCEED $146,800 FROM APRIL 13, 2021 UNTIL TERMINATED; AND
APPROVE AGREEMENT WITH RICHARDS, WATSON & GERSHON PC FOR LEGAL SERVICES AS DISCLOSURE COUNSEL FOR AN AMOUNT NOT TO EXCEED $36,500 FROM APRIL 13, 2021 UNTIL TERMINATED
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EXECUTIVE SUMMARY
Norton Rose Fulbright US LLP ("Norton Rose Fulbright") has one of the largest public finance practices in the United States, with approximately 87 attorneys who work in the area of public finance or federal income taxation as it relates to public finance. Norton Rose Fulbright enjoys a reputation as one of the leading public finance firms, with a current ranking of third in the country in par amount of bonds issued. In the last four years, Norton Rose Fulbright has helped raise more than $36.4 billion par amount of bonds.
Over the past five years, the Firm's California-based bond attorneys have closed more than 600 transactions for California counties, cities and other public agencies, representing over $50 billion in principal amount of municipal securities. Due to the breadth of its practice, the Firm has represented issuers, underwriters, letter-of-credit banks, trustees, financial advisors, institutional purchasers, bond insurers, borrowers, developers, investment contract providers, interest rate swap providers and others in public finance matters.
Norton Rose Fulbright attorneys have extensive experience serving as bond counsel to a variety of public entities and have developed and currently enjoy many strong, long-lasting relationships with many public entities. Norton Rose Fulbright has served as counsel to every major investment banking firm and underwriti...
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