HomeMy WebLinkAboutSA RESO 2017-82RESOLUTION NO. 2017 — 82
RESOLUTION OF THE BOARD OF THE SUCCESSOR AGENCY
TO THE COMMUNITY DEVELOPMENT COMMISSION AS
THE NATIONAL CITY REDEVELOPMENT AGENCY
AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE
AN 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, in anticipation of the expiration of its agreement with its current
municipal advisor, Urban Futures, Inc., on January 31, 2017, the City of National City, on behalf
of itself, the Successor Agency, and the Housing Authority, issued a request for proposals
("RfP") for municipal advisory services on September 15, 2016; and
WHEREAS, four (4) responses to the Requests for Proposals were received and
reviewed, taking into consideration, among other things, relevant experience with California
municipal governments, commitment of key members of the firm to the Successor Agency,
demonstrated knowledge of the work/services required, approach to municipal advisory services
and, cost of services; and
WHEREAS, after reviewing and considering each proposal, and interviewing
representatives of each of the firms, it was determined that NHA Advisors, LLC, would best
meet the municipal advisory services needs of the Successor Agency; and
(� WHEREAS, NHA Advisors, LLC, ("NHA") is an independently -owned municipal
w/ advisor/Independent Registered Municipal Advisor organized as a California limited liability
company that specializes in providing municipal advisory services to local government agencies
only in California, with a primary focus on small and medium-sized cities, special districts
(utilities and community services), and successor agencies to redevelopment; and
WHEREAS, NHA is qualified by experience and ability to perform the services
desired by the City, Successor Agency, and the Housing Authority, and NHA is willing to
perform such services for the period January 17, 2017 through December 31, 2019, with two
additional one-year options; and
WHEREAS, this Agreement will require the approval of the Oversight Board to
the Successor Agency and the California Department of Finance prior to being effective.
NOW, THEREFORE, BE IT RESOLVED that the Successor Agency to the
Community Development Commission as the National City Redevelopment Agency hereby
approves the selection of NHA Advisors, LLC, and authorizes the Executive Director to execute
an 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. Said Agreement is
on file in the office of the City Clerk.
[Signature Page to Follow]
Resolution No. 2017 — 82
Page Two
PASSED and ADOPTED this 171h day of January, 7.
�n Morrison, Chairman
ATTEST:
!J
Michael R. Dalla, itity Clerk as
Secretary to the Successor Agency
APPROVED AS TO FORM:
\.. George H.` Eiser, III
Interim Successor Agency Counsel
"`r
Passed and adopted by the Successor Agency to the Community Development
Commission as the Redevelopment Agency of the City of National City, California, on
January 17, 2017 by the following vote, to -wit:
Ayes: Boardmembers Cano, Mendivil, Morrison, Rios, Sotelo-Solis.
Nays: None.
Absent: None.
Abstain: None.
AUTHENTICATED BY: RON MORRISON
Chairman of the Successor Agency to the
Community Development Commission
as the Redevelopment Agency of the
City of National City, California
Clerk ServingKs Secretary
to the Successor Agency
Deputy
I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
RESOLUTION NO. 2017-82 of the Successor Agency to the Community Development
Commission as the Redevelopment Agency of the City of National City, California,
passed and adopted on January 17, 2017.
City Clerk Serving as Secretary
to the Successor Agency
By:
Deputy