Subject: Notification of Counsel's Refusal to Submit Proposal — Bond Counsel Services for Bronx, New York Dear [City Official's Name], I am writing to formally notify the city of the refusal from our esteemed law firm, [Law Firm Name], to submit a proposal offering our services as bond counsel for the city of Bronx, New York. This decision comes after careful consideration of various factors affecting our capacity and resources to effectively serve as bond counsel, ensuring the best interests of the city and its stakeholders. As reputable practitioners in the legal field, we believe in the importance of transparent and reliable communication. This letter aims to detail the reasons behind our decision, enabling the city to understand our position fully. With this context, the city can proceed in selecting alternative bond counsel for their upcoming projects or initiatives. 1. Current Firm Workload: Due to the increasing demands on our services, we regretfully find ourselves unable to take on additional responsibilities at this time. Our commitment to delivering exceptional legal services to our existing clientele necessitates a focus on fulfilling our present obligations and maintaining the high level of quality they deserve. 2. Resource Constraints: Bond counsel duties require extensive research, analysis, and expertise. Considering our current staff capacity, it would be challenging for our firm to allocate and dedicate adequate time and resources for the complex legal matters that serving as bond counsel entails. We believe in providing our clients with comprehensive and undivided attention, and regrettably, we are currently unable to deliver this in the context of bond counsel work. We understand the importance of bond counsel in helping the city of Bronx navigate its financial endeavors successfully. Thus, we encourage the city to explore other available options to engage a reputable, experienced bond counsel to ensure efficient management and execution of future projects. Should circumstances change in the future, we would be pleased to reevaluate our capacity and eagerly consider collaborating with the city. In the meantime, if you require any assistance or recommendations in identifying alternative bond counsel firms, please do not hesitate to reach out to us. We remain committed to supporting the city in any way within our capabilities. Thank you for understanding our decision, and we extend our best wishes for fruitful endeavors in securing bond counsel services for Bronx, New York. Yours sincerely, [Your Name] [Law Firm Name] [Contact Information]