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HomeMy WebLinkAbout2024-02-20 Resolution 2024-088_Engagement AgreementTHE CITY OF WAUKEE, IOWA RESOLUTION 2024-088 RESOLUTION AUTHORIZING ENGAGEMENT OF PFM FINANCIAL ADVISORS, LLC. IN THE NAME AND BY THE A UTHORITY OF THE CITY OF WA UKEE, IOWA WHEREAS, the City of Waukee, Dallas County, State of Iowa, is a duly organized Municipal Organization; AND, WHEREAS, the City Attorney, Brick Gentry PC, has been asked by the City to assist in the evaluation of utility operations; and WHEREAS, City Staff and the City Attorney have sought out third party consultants capable of providing services more particularly described in the Agreement for Financial Services presented to the City Attorney by PFM Financial Services LLC ("PFM") which is incorporated herein by reference ("Services"); and WHEREAS, the City believes that obtaining the Services are in the best interest of the City. NOW THEREFORE, IT IS HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF WAUKEE, IOWA that the City hereby authorizes the City Attorney to engage the services of PFM Financial Advisors, LLC pursuant to the terms of the Agreement for Financial Services presented to the City Attorney by PFM Financial Services LLC, on behalf of the City. BE IT FURTHER RESOLVED, that the City agrees to the fees and expenses provided in the agreement and further agrees to reimburse the City Attorney and/or pay PFM for fees and expenses associated with the Services provided pursuant to the agreement. Passed and adopted this 201h day of February, 2024. Attest:AAV4 In !X . 13aut,11W Rebecca D. Schuett, City Clerk RESULTS OF VOTE: AYE R. Charles Bottenberg Chris Crone X Rob Grove X Anna Bergman Pierce X Ben Sinclair X R. Charles Bottenberg, Mayor Pro Tern NAY ABSENT ABSTAIN X