Report to Carson Reclamation Authority
Tuesday, January 03, 2023
Consent
SUBJECT:
Title
CONSIDER ON-CALL SPECIAL COUNSEL ENGAGEMENT AGREEMENT WITH GREENBERG TRAURIG, LLP FOR LEGAL SERVICES RELATED TO PLACEMENT, REPLACEMENT AND RESTRUCTURING OF INSURANCE, DEVELOPMENT OF REGULATORY AGREEMENTS, TRANSACTION SUPPORT FOR ENVIRONMENTAL, RISK MANAGEMENT, AND OTHER RELATED MATTERS WITH RESPECT TO THE 157 ACRE SITE
Body
I. SUMMARY
Over the past several years, staff has brought various amendments to (i) the Special Counsel engagement letter (Primary Contract) originally entered into in 2016 between the Carson Reclamation Authority (CRA) and Greenberg Traurig, LLP (GT) to extend their legal services until a date certain and at a not-to-exceed dollar amount, for a defined scope of work, and (ii) the engagement letter between the CRA and GT for GT's provision.
In October 2020 the Board approved a simpler On-Call Special Counsel Engagement Agreement that merely specifies the term of the contract, through December 31, 2022, and the billing rate for the Shareholder and Associate and other billing terms. The amount of the contract was dependent on the amount of work the CRA requests during the term of the contract.
Currently GT is still the lead on the processing of all insurance claims made by the CRA, the recent renewal of the Public Officials Liability policy, the recent renewal of the Contractor Pollution Liability policy, the replacement of the previous Builder's Risk policy with Property Insurance (and renewal this year) and the negotiation of the environmental, risk management and insurance administration terms of the Agreements negotiated between the CRA and Carson Goose Owner, LLC (CGO) and the renegotiation of the same with CAM-Carson, LLC on Cell 2. There will be additional future work related to the amendments of the Enterprise Fund Agreement, the negotiation with developers on Cell 1 on the same environmental and risk management issues and the drafting of f...
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