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Council asked to increase legal budget by $150,000 to cover outside counsel for major purchase negotiation

2255903 · February 10, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The legal department requested a $150,000 amendment to its budget to cover outside counsel fees tied to a purchase-and-sale negotiation; staff said about $70,510 has already been billed and noted that court-awarded fees are paid to the General Fund, not the legal budget line.

Wellington’s legal department asked the council to amend its budget by $150,000 to cover outside counsel and related closing costs for a recent purchase-and-sale negotiation.

Legal staff reported the town has already incurred approximately $70,510 in outside counsel fees on the matter and expects additional invoices. The department…

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