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COVER LETTER <br />We are pleased to provide a proposal for legal services to the City at what we believe are substantial savings compared to the current <br />legal services budget. If the City chooses to have all legal services provided pursuant to the mandatory hourly rate option, then the <br />Firm proposes to provide such services at an hourly rate of $250 per hour. Alternatively, the firm would propose a monthly retainer in <br />the amount of $50,000 for general City Attorney services, or $600,000 annually. We would contemplate a six month trial period as it is <br />difficult to predict the actual volume of services to be required. <br /> <br />In addition, we are also willing and able to provide, if that is the City’s preference, such services as Risk Management, Labor Relations <br />and Litigation at a discounted rate of $250 per hour. Specialized services such as municipal bond services and public finance would be <br />negotiated separately. The retainer would cover most general counsel services to be provided, except as set forth herein. Should it be <br />found during the six month review period that the City relies in part on outside counsel to provide substantial assistance, or that the <br />proposed retainer does not align with the level of services required, then the monthly retainer amount would need to be renegotiated <br />depending on the scope and frequency of work that is found to be needed. <br /> <br /> <br /> <br /> <br />COST PROPOSAL <br />gmlaw.com 10