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~' ' ~3 <br />AG~FI~!° ~~A~Ztl1 BVtl~~i"~C~G ~A7~: <br />FESRiJARY I, 2®IG <br />'f@~°L~: <br />LEGAL, SERl72CES AGREEMENT WITH <br />5T LING, YOCCA, CARLS®N & RAUZ°H <br />{ ,. -e <br />Ids ~', ~ .,~` a~a~..~,.n. <br />~ ~X~~U~'P!~ ~I~~C~~R <br />~~® ~~ ~~~I~~ <br />A~~6~~Y ~E~~r=3A82Y ~~E ®NLY: <br />APPROVL® <br />~` As Recommended <br /> As Amended <br />^ Ordinance on 1 s' Reading <br />^ Ordinance on 2"d Reading <br />^ Imglementing Resolution <br />^ Set Publie Hearing For_ <br />CflNTINtlED 1`O <br />FtlLE iJiJMBER <br />Authorize the Executive Director and Agency Secretary to execute the <br />attached legal services agreement with the redevelopment law firm <br />Stradling, Yocca, Carlson & Rauth, subject to non-substantive changes <br />approved by the Executive Director and Agency General Counsel. <br />While the City Attorney`s Office serves as general counsel to the <br />Redevelopment Agency, from time to time it is necessary to contract for <br />services through outside counsel. Those situations usually arise in <br />complex real estate matters, litigation and special financial <br />transactions such as bond issues that require particular expertise or <br />focused resources. The Agency is in need of legal services with regard <br />to the Station District, particularly with the pending Disposition and <br />Development Agreement negotiations with Related Griffin for development <br />of the Agency's 48 parcels. The resources in the City Attorney's office <br />are limited at this time, and we are on a relatively expedited schedule <br />to achieve the target date of June 2010 for project entitlements and <br />final agreements with the Agency. The firm principal proposed serves as <br />Agency Counsel for the City of Anaheim and has been involved in agreement <br />negotiations with Related on similar affordable housing projects. <br />The law firm of Stradling, Yocca, Carlson & Rauth has a proven track <br />record of advising and representing redevelopment agencies in a wide <br />range of redevelopment, real estate and tax matters. The Firm is the only <br />redevelopment specialty firm based in Orange County and has served as <br />Bond Counsel to the Redevelopment Agency, Industrial Development <br />Authority, and the Empowerment Corporation. Mr. Thomas Clark will be the <br />firm principal assigned. Mr. Clark is a renowned redevelopment attorney <br />3®5 <br />