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HomeMy WebLinkAboutCC RESO 2017-15RESOLUTION NO. 2017 — 15 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY AUTHORIZING THE MAYOR TO EXECUTE A FIRST AMENDMENT TO AGREEMENT WITH NHA ADVISORS, LLC, FOR MUNICIPAL ADVISORY SERVICES FOR THE PERIOD JANUARY 17, 2017 THROUGH DECEMBER 31, 2019 WITH TWO ADDITIONAL ONE-YEAR OPTIONS WHEREAS, the City Council of the City of National City adopted Resolution No. 2017-9 at their meeting of January 17, 2017, authorizing the Mayor to execute an Agreement with NHA Advisors, LLC, to provide municipal advisory services through December 31, 2019, with two additional one-year options; and WHEREAS, the parties have agreed to amend Subsections "A" and "C" of Section 17 of the Agreement pertaining to Professional Liability and Commercial General Liability insurance coverage, and to add Subsection "J" to Section 17 of the Agreement pertaining to the periodic adjustment of limits of insurance coverage. 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 Agreement with NHA Advisors, LLC, to amend Subsections "A" and "C" of Section 17 of the Agreement pertaining to Professional Liability and Commercial General Liability insurance coverage, and to add Subsection "J" to Section 17 of the Agreement pertaining to the periodic adjustment of limits of insurance coverage. PASSED and ADOPTED this 7th day of Febru17. on Morrison, Mayor ATTEST: Michael R. DaIla, y Clerk APPROVED AS TO FORM: /T r) ‘i.av,4-- t� George H. tiser, Ill Interim City Attorney Passed and adopted by the Council of the City of National City, California, on February 7, 2017 by the following vote, to -wit: Ayes: Councilmembers Cano, Mendivil, Morrison, Rios, Sotelo-Solis. Nays: None. Absent: None. Abstain: None. AUTHENTICATED BY: RON MORRISON Mayor of the City of National City, California A,e,lie)Ap City CI rk of the City of ational City, California By: Deputy I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2017-15 of the City of National City, California, passed and adopted by the Council of said City on February 7, 2017. City Clerk of the City of National City, California By: Deputy