Title
Consider/Discuss/Act on a Resolution Authorizing the City Manager to Execute a Contingent Fee Agreement for the Collection of Delinquent Ad Valorem Taxes Owing to the City of McKinney with Abernathy, Roeder, Boyd & Hullett, PC pursuant to the Texas Tax Code Section 6.30 and the Texas Government Code Section 2254.1036, and Providing For an Effective Date
Summary
COUNCIL GOAL: Financially Sound Government
MEETING DATE: April 19, 2022
DEPARTMENT: City Attorney
CONTACT: Mark S. Houser, City Attorney
RECOMMENDED CITY COUNCIL ACTION:
• Approval of Resolution
ITEM SUMMARY:
• The City desires to renew its contingent fee contract with the law firm of Abernathy, Roeder, Boyd & Hullett, P.C., for the collection of delinquent property taxes.
BACKGROUND INFORMATION:
• Abernathy, Roeder, Boyd & Hullett, P.C. have represented the City in the collection of delinquent taxes for over four (4) years.
• Under the contingent fee contract, Abernathy, Roeder, Boyd & Hullett, P.C. will be paid the amount of the percentage-based collection fee recovered from the debtors, with no expense to the City or its taxpayers.
FINANCIAL SUMMARY:
• The City will have no financial obligation under the contingency fee agreement.
• The Texas Government Code requires special findings and notice for cities entering into contingent fee arrangements with attorneys suing on their behalf.
BOARD OR COMMISSION RECOMMENDATION:
• N/A