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Board approves amended legal services terms with 3‑year cap after debate over automatic 5% increases
Summary
Board members debated an amendment to a special‑counsel agreement that originally allowed a 5% annual automatic fee increase. After discussion and concerns about long‑term escalation and outreach by counsel to property owners, the board approved the amendment with a compromise capping the 5% adjustments after three years for pending litigation.
The board considered and then approved an amendment to an as‑needed special counsel contract (agenda item A12) on April 21 after members voiced concerns about an automatic 5% annual fee adjustment in perpetuity.
Councilwoman Hanowicz had pulled the item to ask why the agreement included a 5% automatic annual adjustment that could compound year after year. Campbell McLean, a partner with GrayRobinson, said the firm and market have changed and that current prevailing rates for eminent…
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