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HomeMy WebLinkAbout2016-07-18-Resolutions 16-297_Bonds - GO Refunding Bonds Series 2016B - Engagement LetterTHE CITY OF WAUKEE,IOWA RESOLUTION 16-297 APPROVING ENGAGEMENT LETTER WITH PFM FINANCIAL ADVISORS LLC FOR FINANCIAL ADVISORY SERVICES IN CONNECTION WITH $1,720,000 GENERAL OBLIGATION REFUNDING BONDS,SERIES 2016B IN THE NAME AND BY THE A UTHOBITY OF THE CITY OF WA UKEE,IOWA WHEREAS,the City of Waukee,Iowa is a duly organized municipality within Dallas County;AND, WHEREAS,it is in the best interest of the City to utilize a Financial Advisor for the purpose of planning and assisting with the sale of bonds,including credit rating presentations,sale details,negotiation and marketing of bonds,and the required closing procedures;AND, WHEREAS,the Mayor and City Council have received an Engagement Letter and Disclosure of Conflicts of Interest and Other Information dated July 7,2016,from Jon Burmeister on behalf of the firm of PFM Financial Advisors LLC related to financial advisory services in connection with the $1,720,000 General Obligation Refunding Bonds,Series 2016B. NOW THEREFORE BE IT RESOLVED that the City Council of Waukee,Iowa,in session this 18th day of July 2017,does hereby approve the Engagement Letter and Disclosure of Conflicts of Interest and Other Information with PFM Financial Advisors LLC for Financial Advisory Services in connection with the $1,720,000 e eral Obligation Refunding Bonds,Series 2016B. Attest: illi F.ear,Mayor Rebecca D.Schuett,City Clerk ROLL CALL VOTE Anna Bergman Brian Harrison Shelly Hughes Larry R.Lyon Rick Peterson AYK X X X X NAY ABSENT ABSTAIN