HomeMy WebLinkAboutCC RESO 2020-7RESOLUTION NO. 2020 - 07
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY
AUTHORIZING THE MAYOR TO EXECUTE THE FIRST AMENDMENT TO THE
AGREEMENT BY AND BETWEEN THE CITY OF NATIONAL CITY AND NHA
ADVISORS, LLC FOR MUNICIPAL ADVISORY SERVICES, EXTENDING THE
AGREEMENT TO DECEMBER 31, 2020
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WHEREAS, the City desired to engage a consultant for municipal advisory
services for the City; and
WHEREAS, the City determined that NHA Advisors, LLC., is an investment
advisor registered with the Securities and Exchange Commission (SEC) under the
Investment Advisers Act of 1940, and is qualified by experience and ability to perform the
services desired by the City; and
WHEREAS, on January 17, 2017, the City entered into an Agreement with
NHA Advisors, LLC to perform such services for a period of January 17, 2017 through
December 31, 2019 with an option to extend for two additional one-year terms; and
WHEREAS, staff seeks approval to execute the first one (1) year
amendment to extend the Agreement for a one year term ending December 31, 2020.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
National City hereby authorizes the Mayor to execute the first one (1) year amendment to
extend the Agreement with NHA Advisors, LLC., for a one year term ending December 31,
2020 for municipal advisory services for the City. Said first amendment to the Agreement
is on file in the office of the City Clerk.
PASSED and ADOPTED this 21st day of January, 2020
Alejandro Sofelo-Solis, Mayor
ATTEST:
Michael R. Dalla, City Clerk
APPROVED AS TO FORM:
Morris -Jo
Ci ttorney
Passed and adopted by the Council of the City of National City, California, on
January 21, 2020 by the following vote, to -wit:
Ayes: Councilmembers Cano, Morrison, Quintero, Rios, Sotelo-Solis.
Nays: None.
Absent: None.
Abstain: None.
AUTHENTICATED BY: ALEJANDRA SOTELO-SOLIS
Mayor of the City of National City, California
City Clerk of the City of National City, California
By:
I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
RESOLUTION NO. 2020-7 of the City of National City, California, passed and adopted
by the Council of said City on January 21, 2020.
City Clerk of the City of National City, California
By:
Deputy