HomeMy WebLinkAboutCC RESO 2014-36RESOLUTION NO. 2014 — 36
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY
AUTHORIZING THE MAYOR TO EXECUTE THE FIRST AMENDMENT
TO THE AGREEMENT BETWEEN THE CITY OF NATIONAL CITY
AND CHANDLER ASSET MANAGEMENT, INC., FOR
INVESTMENT MANAGEMENT AND ADVISORY SERVICES
WHEREAS, on November 15, 2011, the City Council adopted Resolution No.
2011-244, entering into a two year Agreement with Chandler Asset Management, Inc., for
investment management and advisory services to the City; and
WHEREAS, the City desires to reinstate and extend the Agreement, which
expired on November 14, 2013, for an additional year to November 15, 2014.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
National City hereby authorizes the Mayor to execute a First Amendment to the Agreement with
Chandler Asset Management, Inc., to extend the term of the Agreement for one additional year,
expiring on November 15, 2014. Said First Amendment is on file in the office of the City Clerk.
PASSED and ADOPTED this 18th day of March, 2 4.
on Morrison, Mayor
ATTEST:
N�J4
Mike Dalla, City C erk
PROVED AS TO FORM:
audia ua Silva
City Attorn
Passed and adopted by the Council of the City of National City, California, on March 18,
2014 by the following vote, to -wit:
Ayes: Councilmembers Cano, Morrison, Natividad, Rios, Sotelo-Solis.
Nays: None.
Absent: None.
Abstain: None.
AUTHENTICATED BY: RON MORRISON
Mayor of the City of National City, California
City ler�e City of National City, California
By:
Deputy
I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
RESOLUTION NO. 2014-36 of the City of National City, California, passed and adopted
by the Council of said City on March 18, 2014.
City Clerk of the City of National City, California
By:
Deputy