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HomeMy WebLinkAbout2010 CC RESO 2010-46 CDC Public Financial Management Group - Financial Advisory ServicesRESOLUTION NO. 2010 — 46 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY AUTHORIZING THE CHAIRMAN TO EXECUTE AN AGREEMENT WITH PUBLIC FINANCIAL MANAGEMENT GROUP TO PROVIDE FINANCIAL ADVISORY SERVICES FROM MARCH 16, 2010 THROUGH JUNE 30, 2012 FOR AN AMOUNT NOT TO EXCEED $40,000 WHEREAS, the Community Development Commission of the City of National City (CDC) desires to retain a consultant to provide financial advisory services; and WHEREAS, Public Financial Management Group (PFM) is a public finance advisory firm that is well -experienced and skilled in providing the type of services desired by the City, and is willing to enter into an agreement to provide such services in an amount not to exceed $40,000. NOW, THEREFORE, BE IT RESOLVED that the Community Development Commission of the City of National City hereby authorizes the Chairman to execute an agreement in the not to exceed amount of $40,000 with Public Financial Management Group to provide financial advisory services. Said agreement is on file in the office of the City Clerk. PASSED and ADOPTED this 16th day of March, 2010. on Morrison, Chairman Brad au s onecretary APPROVED AS TO FORM: George H. Eiser, III City Attorney Passed and adopted by the Community Development Commission of the City of National City, California, on March 16, 2010, by the following vote, to -wit: Ayes: Commissioners Morrison, Parra, Sotelo-Solis, Van Deventer, Zarate. Nays: None. Absent: None. Abstain: None. AUTHENTICATED BY: RON MORRISON Chairman, Community Development Commission Sec Development Development Commission By: Deputy I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2010-46 of the Community Development Commission of the City of National City, California, passed and adopted on March 16, 2010. Secretary, Community Development Commission By: Deputy