LEGALPENDING

Jonesboro Downtown Development Authority AgendaPacket 2026-05-18

DDA Prepares Legal Services Contract with Denmark Ashby Matricardi

$215 per hour for attorneys; $150 per hour for paralegals; public finance services compensated separately as cost of issuance; hourly rates increase $10 per year beginning 2027City of JonesboroDENMARK ASHBY MATRICARDI LLCMay 18, 2026

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Description

The Jonesboro Downtown Development Authority has prepared a Legal Services Agreement with Denmark Ashby Matricardi LLC to serve as its attorney of record. The engagement provides ongoing general counsel and public finance services on an hourly basis with separate fees for bond and financing transactions.

Contract Details

Contract Amount

$215 per hour for attorneys; $150 per hour for paralegals; public finance services compensated separately as cost of issuance; hourly rates increase $10 per year beginning 2027

Vendor

DENMARK ASHBY MATRICARDI LLC

Agency

City of Jonesboro, GA

Contract Type

LEGAL

Document Date

May 18, 2026

Contract Term

Effective upon full execution; continues until terminated by Board of Directors or Attorney with at least 30 days’ written notice

Renewal Info

Agreement is open-ended and continues until terminated by the DDA Board or attorney with at least 30 days’ written notice; hourly rates automatically increase by $10 each January 1 starting in 2027.