Title
Agreements: Approve Fieldman, Rolapp & Associates, Inc. and PFM Financial Advisors LLC as Municipal Advisors for City Debt Financings and Related Transactions
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FileID
File ID: 2024-01123
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Location
Location: Citywide
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Recommendation
Recommendation: Pass a Motion 1) approving Fieldman, Rolapp & Associates, Inc. and PFM Financial Advisors LLC as municipal advisors for City debt financings and related transactions during fiscal years 2024/25 through 2028/29; 2) authorizing the City Treasurer to enter into two Professional Services Agreements, for a total amount not to exceed of $750,000 for each agreement; and 3) authorizing the City Treasurer to supplement each agreement, as needed, with addenda describing the services to be performed, the not to exceed total compensation to paid associated with the scope of services, and the funding source for the addenda.
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Contact
Contact: Claudia Lara, Debt Analyst, (916) 808-2267, clara@cityofsacramento.org; Brian Wong, Debt Manager, (916) 808-5811; Office of the City Treasurer
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Presenter
Presenter: None
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Attachments
Attachments:
1-Description/Analysis
2-Professional Services Agreement with Fieldman, Rolapp & Associates, Inc.
3-Professional Services Agreement with PFM Financial Advisors LLC
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Description/Analysis
IssueDetail
Issue Detail: The proposed actions will approve Fieldman, Rolapp & Associates, Inc. and PFM Financial Advisors LLC as firms pre-qualified to provide the City with financial advice on debt-related matters for up to the next five years.
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PolicyConsiderations
Policy Considerations: The proposed actions are consistent with the Sacramento City Code, Chapter 3.64 (Contracts for Professional Services).
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EconomicImpacts
Economic Impacts: None.
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EnvironmentalConsiderations
Environmental Considerations: This report concerns administrative activities that will not have a significant effect on the environment and thus do not constit...
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