HomeMy WebLinkAbout2008 CC RESO 2008-169 CDCRESOLUTION NO. 2008 — 169
RESOLUTION OF THE CITY COUNCIL OF
THE COMMUNITY DEVELOPMENT COMMISSION
OF THE CITY OF NATIONAL CITY
AUTHORIZING THE CHAIRMAN TO EXECUTE
AN AGREEMENT WITH URBAN FUTURES, INC.,
TO PROVIDE FINANCIAL CONSULTANT SERVICES FOR
THE COMMUNITY DEVELOPMENT COMMISSION
IN AN AMOUNT NOT TO EXCEED $84,700
WHEREAS, the Community Development Commission ("CDC") is responsible for
the implementation of the Redevelopment Plan for the National City Redevelopment Project
area in keeping with state law; and
WHEREAS, the CDC desires to employ a consultant to provide redevelopment
fiscal and implementation, bond continuing disclosure services and as -needed assistance
related to redevelopment projects until June 30, 2009; and
WHEREAS, Urban Futures, Inc. is a qualified municipal and redevelopment
agency financial advisor having served more than 150 municipal clients, and is qualified by
experience and ability to perform the services to CDC.
NOW, THEREFORE, BE IT RESOLVED that the Community Development
Commission of the City of National City hereby authorizes the Chairman to execute an
Agreement with Urban Futures, Inc., to provide redevelopment fiscal and implementation, bond
continuing disclosure services and as -needed assistance related to redevelopment projects until
June 30, 2009, in the not to exceed amount of $84,700. Said Agreement is on file in the office of
the City Clerk.
PASSED and ADOPTED this 19th day of Au 2008.
ATTEST:
APPROVED AS TO FORM:
George H. tiser, Ill
Legal Counsel
Ron Morrison, Chairman
Passed and adopted by the Community Development Commission of the City of
National City, California, on August 19, 2008, by the following vote, to -wit:
Ayes: Commissioners Morrison, Natividad, Parra, Ungab, Zarate.
Nays: None.
Absent: None.
Abstain: None.
AUTHENTICATED BY: RON MORRISON
Chairman, Community Development Commission
Development Commission
By:
Deputy
I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
RESOLUTION NO. 2008-169 of the Community Development Commission of the City
of National City, California, passed and adopted on August 19, 2008.
Secretary, Community Development Commission
By:
Deputy