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Reso 2017-2669
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Reso 2017-2669
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Last modified
4/5/2017 10:44:33 AM
Creation date
4/5/2017 10:43:38 AM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2017-2669
Date (mm/dd/yyyy)
03/16/2017
Description
Agmt w/ PFM Financial Advisors, LLC for Financial Advisory Services.
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RESOLUTION NO. 2017- 2449 <br /> A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF <br /> SUNNY ISLES BEACH, FLORIDA, APPROVING AN <br /> AGREEMENT WITH PFM FINANCIAL ADVISORS, LLC, TO <br /> PROVIDE FINANCIAL CONSULTING SERVICES IN AN <br /> AMOUNT NOT TO EXCEED ONE HUNDRED FIFTY THOUSAND <br /> DOLLARS ($150,000.00), ATTACHED HERETO AS EXHIBIT "A"; <br /> AUTHORIZING THE MAYOR TO EXECUTE SAID <br /> AGREEMENT; AUTHORIZING THE CITY MANAGER TO DO <br /> ALL OTHER THINGS NECESSARY TO EFFECTUATE THE <br /> TERMS OF THIS RESOLUTION; PROVIDING FOR AN <br /> EFFECTIVE DATE. <br /> WHEREAS, the City is in need of a consultant to provide financial advisory services on <br /> an as needed basis; and <br /> WHEREAS, on October 21, 2014 via Resolution No. R-882-14 Miami-Dade County <br /> awarded RFQ00008 to and entered into an agreement with PFM Financial Consulting Services to <br /> provide financial advisory services; and <br /> WHEREAS, PFM Financial Consulting Advisors, LLC has agreed to offer the City of <br /> Sunny Isles Beach the same terms, conditions and pricing as that offered to Miami-Dade County; <br /> and <br /> WHEREAS, pursuant to the Section 62-13 (C) of the City's Procurement Code, <br /> purchases made under state general service administration contracts, federal, county, or other <br /> governmental contracts or competitive bids with other governmental agencies are exempt from . <br /> the City's competitive bidding procedures; and <br /> WHEREAS, the City now wishes to enter into an agreement with PFM Financial <br /> Advisors, LLC in an amount not to exceed One Hundred Fifty Thousand Dollars ($150,000.00), <br /> attached hereto as Exhibit "A", to provide financial advisory services on an as needed basis. <br /> NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE <br /> CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: <br /> Section 1. Approval of Agreement. The City Commission hereby approves the Agreement <br /> with PFM Financial Advisors, LLC in an amount not to exceed One Hundred Fifty Thousand <br /> Dollars ($150,000.00), attached hereto as Exhibit "A", to provide financial advisory services on <br /> an as needed basis. <br /> Section 2. Authorization of Mayor. The Mayor is hereby authorized to execute said <br /> Agreement. <br /> Section 3. Authorization of City Manager. The City Manager is hereby authorized to do all <br /> things necessary to effectuate the terms of this Resolution. <br /> R2017-PFM Financial Adv.for Financial Advisory Services 1 <br />
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