Title:
Title
Agreement: Approve Fieldman, Rolapp & Associates, Inc. as Municipal Advisor on City Debt Financings and Related Transactions
End
FileID
File ID: 2019-00873
Location
Location: Citywide
Recommendation:
Recommendation
Pass a Motion 1) approving Fieldman, Rolapp & Associates, Inc. as Municipal Advisor for City debt financings and related transactions during fiscal years 2019/20 through 2023/24; 2) authorizing the City Treasurer to enter into a Professional Services Agreement, total amount not to exceed $750,000; and 3) authorizing the City Treasurer to supplement the 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.
Contact: Brian Wong, Debt Manager, (916) 808-5811; Claudia Lara, Treasury Analyst, (916) 808-2267, Office of the City Treasurer
Body
Presenter: None
Attachments:
1-Description/Analysis
2-Professional Services Agreement (Fieldman, Rolapp & Associates, Inc.)
Description/Analysis
Issue Detail: The proposed actions will approve Fieldman, Rolapp & Associates, Inc. as a firm pre-qualified to provide the City with financial advice on debt-related matters over the next five years.
Policy Considerations: The proposed action is consistent with the Sacramento City Code, Chapter 3.64 (Contracts for Professional Services).
Economic Impacts: None.
Environmental Considerations: This report concerns administrative activities that will not have a significant effect on the environment and thus do not constitute a "project" subject to the California Environmental Quality Act. See California Code of Regulations, title 14, sections 15061(b)(3) and 15378(b)(2). In addition, the projects for which debt financings are undertaken will be independently subject to CEQA review.
Sustainability: Not applicable.
Commission/Committee Action: Not applicable.
Rationale for Recommendation: Retainin...
Click here for full text