Title
Approval of a Resolution for Legal Counsel for pending distribution of Local Option Sales Tax (LOST) litigation.
Body
Item Summary:
The current LOST distribution agreement between Fulton County and the Cities expires on December 31, 2012. Mediation has not led to an agreement, therefore the cities are hiring a single firm to handle the litigation. The city may elect to withdraw at anytime. The costs of legal counsel will be divided per the current distribution of LOST proceeds.
Committee or Staff Recommendation:
N/A
Financial Impact:
N/A
Presented by:
Jere Wood, Mayor