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SILVER & WRIGHT LLP <br />Matthew R. Silver <br />msilver @silverwrightlaw.com <br />4000 Barranca Parkway, Suite 250 <br />Irvine, CA 92604 <br />Phone: (949) 385-6431 <br />Fax: (949) 385-6428 <br />November 12, 2013 <br />DELIVERED VIA EMAIL <br />Ryan Hodge, Esq. <br />Assistant City Attorney <br />City of Santa Ana <br />RHodge @santawla.org <br />Re: Proposed Litigation Budget <br />City of Santa Ana v US Bank <br />805 E. Chestnut Ave., Santa Ana <br />Dear Mr. Hodge, <br />Curtis R. Wright <br />cwright @silverwrightlaw.com <br />3281 East Guasti Road, Suite 700 <br />Ontario, CA 91761 <br />Phone: (909) 833-5420 <br />Fax: (949) 385-6428 <br />The purpose of this letter is to provide the City with a proposed litigation budget to <br />represent the City of Santa Ana ( "City ") from initiation through the ultimate resolution of the <br />above- referenced case. The budget is based on the blended hourly rate of $189 per hour for <br />attorneys and $11.0 per hour for paralegals and clerks. <br />The budget assumes the matter will resolve at the receiver's final accounting, and without <br />trial or dispositive motion. Pursuam to State law, the Court should resolve this matter at the final <br />accounting. In addition, any appeals are not included in the budget, as they are difficult to <br />predict. Discovery is also not included, as it is normally nominal, if existent at all, in <br />receivership actions. <br />Litigation Budget <br />1. Draft Notice & Order and research for same, plus service of same — 5 hours - $945 <br />2. Draft, record and serve lis pendens — 3 hours - $567 <br />3. Draft and serve 3 day notice —1.5 hours - $283.50 <br />4. Draft and file complaint, civil case cover sheet, summons, etc. — 20 hours - $3780 <br />5. Service of process work (3 day notice and complaint packet — assumes quick service) — 2 <br />hours - $378 <br />25F -8 <br />