HomeMy WebLinkAbout4-27-2006-13.09 - Resolution - 04/27/2006
RESOLUTION NO. 4-27-2006-13.09
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLLEGE STATION,
TEXAS, SELECTING A PROFESSIONAL CONTRACTOR, APPROVING A
CONSULTING CONTRACT AND AUTHORIZING THE EXPENDITURE OF FUNDS
FOR FINANCIAL ADVISORY SERVICES.
WHEREAS, the City of College Station, Texas, has selected the most qualified firm for
financial advisory services associated with the management and issuance of debt; and
WHEREAS, the selection of First Southwest Company is being recommended as the most
highly qualified provider of the financial advisory services associated with the management
and issuance of debt; now, therefore,
BE IT RESOLVED by the City Council ofthe City of College Station, Texas:
PART 1: That the City Council hereby finds that First Southwest Company is the
most highly qualified provider of financial advisory services associated
with the management and issuance of debt on the basis of demonstrated
competence and qualifications.
PART 2: That the City Council hereby approves the contract with First Southwest
Company for an amount not to exceed $200,000.00 per fiscal year for
financial advisory services associated with the management and
issuance of debt.
PART 3: That the funding for this project shall be as budgeted from the various
Capital Projects Funds from which the debt is issued in the amount of
$200,000.00.
PART 4: That this resolution shall take effect immediately from and after its passage.
ADOPTED this 27th day of April, A.D. 2006.
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CONNIE HOOKS, City Secretary
APPROVED:
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JOHN HAPP, Mayor ro Tern
APPROVED:
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City Attorney