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HomeMy WebLinkAbout2006 CON CDC MBIA Muniservices - Administrative Consulting ServicesCity of National City, California COUNCIL AGENDA STATEMENT MEETING DATES March 7, 2006 AGENDA ITEM NO. L 26 ii-TEm TITLE Resolution of the Community Development Commission of the City of National City approving the expenditure with MBIA MuniServices to provide interim administrative consulting services. PREPARED BY Jeanette Ladrid. ► PA DEPARTMENT EXPLANATION 619-336-4251 CDC —Finance On February 21, 2006, the City Council approved a resolution authorizing the Mayor to execute an agreement with MBIA MuniServices to provide interim administrative consulting services for the Community Development Commission of the City of National City. Since the funding source is the Community Development Commission of the City of National City, it is necessary for the Chairman and members to authorize the expenditure. Environmental Review ✓ N/A Financial Statement Funds are budgeted and available in the CDC administrative account 360-461-505-213-0000. STAFF RECOMMENDATION Approve Resolution. BOARD / COMMISSION RECOMMENDATION N/A ATTACHMENTS ( Listed Below ) Account No. N/A Resolution No. � (_3 A-200 (9/80) RESOLUTION NO. 2006 - RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY APPROVING THE EXPENDITURE WITH MBIA MUNISERIVCES TO PROVIDE INTERIM ADMINISTRATIVE CONSULTING SERVICES WHEREAS, on February 21, 2006, the City Council authorized the Mayor to execute an agreement with MBIA MuniServices to provide interim administrative consulting services for the Community Development Commission of the City of National City; and, WHEREAS, the Community Development Commission of the City of National City will receive a direct benefit of the administrative consulting services and has determined that the expenditure is an appropriate use of redevelopment funds. NOW, THEREFORE, BE IT RESOLVED, that the Community Development Commission of the City of National City approve the expenditure with MBIA MuniServices to provide interim administrative consulting services. PASSED and ADOPTED this 7th day of March 2006. Nick Inzunza, Mayor ATTEST: Michael R. Dalla, City Clerk APPROVED AS TO FORM: George H. Eiser, III City Attorney RESOLUTION NO. 2006 — 47 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY APPROVING THE EXPENDITURE WITH MBIA MUNISERIVCES TO PROVIDE INTERIM ADMINISTRATIVE CONSULTING SERVICES WHEREAS, on February 21, 2006, the City Council authorized the Mayor to execute an agreement with MBIA MuniServices to provide interim administrative consulting services for the Community Development Commission of the City of National City; and WHEREAS, the Community' Development Commission of the City of National City will receive a direct benefit of the administrative consulting services and has determined that the expenditure is an appropriate use of redevelopment funds. NOW, THEREFORE, BE IT RESOLVED, that the Community Development Commission of the City of National City approve the expenditure with MBIA MuniServices to provide interim administrative consulting services. PASSED and ADOPTED this 7th day of March 2006. ATTEST: iris Zapata, S cr tary APPROVED AS TO FORM: "aeorge H. Eiser, III ,aI Counsel s Passed and adopted by the Community Development Commission of National City, California, on March 7, 2006, by the following vote, to -wit: Ayes: Councilmembers Inzunza, Natividad, Parra, Zarate. Nays: None. Absent: Morrison. Abstain: None. AUTHENTICATED BY: NICK INZUNZA Chairman Secretary ommunity Development Commission ity Development Commission By: Deputy I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2006-47 of the Community Development Commission of the City of National City, California, passed and adopted on March 7, 2006. Secretary Community Development Commission By: Deputy