HomeMy WebLinkAbout1999-020 CCRMember Debra Hilstrom introduced the following resolution and moved its
adoption:
RESOLUTION NO. 99-20
RESOLUTION AMENDING THE POLICY AND PROCEDURE ON
REQUFSTS FOR, PROPOSAT: S FOR FINA,NCTAL PROFF-SSTONALSERVICES
WHEREAS, the City Council established the Policy and Procedure on Requests for
Proposals for Financial Professional Services on May 28, 1996; and
WHEREAS, one of the initial objectives of reviewing services which had been in
place for many years has been accomplished; and
WHEREAS, the Financial Commission is recommending that the schedule for
conducting further requests for proposals be amended so that there will normally only be one
conducted each year; and
WHEREAS, the withdrawal of the City's current risk management consultant
requires that the schedule for conducting requests for proposals be amended so that the risk
management consultant be done in 1999 and the insurance agent be delayed to 2000.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Brooklyn Center to amend the Policy and Procedure on Requests for Proposals for Financial
Professional Services by adopting the "Alternative #3" Schedule of Requests for Proposals.
January 25, 1999 Aft
Date ` Mayor/
ATTEST:
City Clerk
The motion for the adoption of the foregoing resolution was duly seconded by member
Robert Peppe , and upon vote being taken thereon, the following voted in favor thereof:
Myrna Kragness, Debra Hilstrom, Kay Lasman, Ed Nelson, and Robert Peppe;
and the following voted against the same:
whereupon said resolution was declared duly passed and adopted.
A
CITY OF BROOKLYN CENTER,
SCHEDULE OF REQUESTS FOR PROPOSALS
Alternative #3
NORMAL
INTERVAL
BETWEEN
LAST
PROFESSIONAL SERVICE
R.F.P.s
R.F.P. 1999
Financial Advisor for bond sales
6 years
1998
Banking Services
6 years
1996
Insurance Agent
6 years
1990
Risk Management Consultant
6 years
1997 Risk Mgmt
Custodian for investment securities
6 years
1998
Auditor
6 years
1994
2000 2001 ' 2002 2003
Bank
Ins Agent
Auditor
2004 2005
Fin Advis
Custodian
O
r
0
z
z
O
N
O
SCI ienuu:YLs attemative3 1/19/99