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HomeMy WebLinkAboutPension General Documentation_Tab 20_05/05/2008;~t~t~iD~ru`~ STS 2C' Laur, Betty From: McWilliams, Lori Sent: Friday, April 25, 2008 10:52 AM To: Mayo, Deanna; 'acemangum@aol.com ; c28hansen@aol.com; Laur, Betty; Debbie Telfrin (E- mail); Michael Couzzo (E-mail) Cc: Archive Subject: FW: TEQ General Employees Attachments: 1012.14-HPJ fee incr.pdf Pension Board Members, Please find attached a letter from your attorney increasing her fees beginning in July. Additionally, she is requesting a 5% COLA increase each year. Please consider these factors: Current fee is $170 an hour Suggested Increase is a 17.6% increase over the current year Over a 5 year period the fee with a 5% COLA will be an increase of 50% The Village Attorney is paid $175 per hour. Your options are to continue with your current firm or place this service out to bid. Lori McWilliams, CMC Village Clerk /Pension Coordinator From: Karen Amenity [mailto:karena@hpjlaw.com] Sent: Friday, April 25, 2008 9:49 AM To: Harding, Catherine; Carl Hansen; Reid, Merlene; Ace Magnum Cc: McWilliams, Lori; Laur, Betty; Bonni S. Jensen Subject: TEQ General Employees Trustees: Attached is a letter from Bonni regazding our fee increase for consideration at your May 5th meeting. Please contact us if you have any questions. ~~,Qvle+Ft <karena(~~j law.com> Legal Assistant to Bonni S. Jensen (bsjensen(a~hpjlaw.com) HANSON, PERRY & JENSEN, P.A. 400 Executive Center Drive, Suite 207 West Palm Beach, Florida 33401-2922 561.686.6550 (Phone) 561.686.2802 (Fax) CONFIDENTIALITY NOTICE: This communication is confidential, may be privileged and is meant only for the intended recipient. If you are not the intended recipient, please notify the sender ASAP and delete this message from your system. HANSON, PERRY ~ JENSEN~ P.A. 4OO EXECUTIVE CENTER DRIVE, SUITE 2O7 -WEST PALM BEACH, FLORIDA 33401-2922 JILL HANSON* mjhanson®hpjlaw.com ANN H. PERRY aperryC~hpjlaw.com BONNISPATARAJENSEN bsjensen@hpjlaw.com ~AL50 ADMITTED IN N.Y. April 25, 2008 TELEPHONE (561) 686-6550 FACSIMILE (561) 686-2802 Tequesta General Employees Pension Plan Board of Trustees Lori McWilliams 345 Tequesta Drive Tequesta, FL 33469 Dear Trustees: Re: Tequesta General Employees Pension Plan Hanson, Perry & Jensen Fee Increase Our File Number: 1012.0001 Over the past several years, our firm has faced increased expenses in significant areas of our operation such as office supplies, office space, utilities, health insurance, employee benefits, travel expenses, etc. We have avoided passing these increased costs to our clients by economizing in ways not affecting our quality of service or our ability to respond to your needs. At this time, we must make an adjustment to our fees. Beginning June 15, 2008, your new rate will be $200 per hour. Please note that we have never requested a fee increase in the time we have been representing you (since December 2002). Attached is a breakdown of past fees and proposed fees. In addition, rather than requestina an increase on an irregular basis, I would like tc propose a COLA of 5% annually on January 15th each year. i am presenting this to you now for consideration at your next meeting. We greatly appreciate your business and the opportunity to continue serving you. If you have questions regarding this increase, please contact me. Sincerely yours, ~~ Bonni S. Jens n BSJ/ka Enclosure H:1All MiscellaneousWLL BOARDS\2008\FEES\April 25 Itrs.wpd Y 13 Hansom Perm & Jensen P.A. 400 Executive Center Drive, Suite 207 West Palm Beach, Florida 33401 2004 FEE SCHEDULE (Current) COSTS/FEES AMOUNT PER Attorney Fees $170 Hour Legal Assistant $ 65 Hour Travel Tlme (not currently charged) $ Hour Photocopies $0.20 Page Faxes $0.50 Page Postage is billed at the current rate as posted by the U.S. Postal Service. Other shipping charges are billed at the current rates set by the service provider. 2008 FEE SCHEDULE (Proposed) COSTS/FEES AMOUNT PER Attorney Fees $200 Hour Legal Assistant $ 75 Hour Office Assistant $ 25 Hour Travel Time* $100 Hour Photocopies $0.25 Page Faxes (no change) $0.50 Page Postage and Shipping charges will continue to be billed at the current rates set by the service providers. (No change) *Travel time will not be billed to this Fund for local travel. Travel time is billed only when traveling on behalf of the Fund outside the County. H:WII Miscellaneous\ALL BOARDS\2008\FEES\FEE Schedule -Comparison 04-08.wpd