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HomeMy WebLinkAbout2000-120 CCRMember Debra_.Hilstrom introduced the following resolution and moved its adoption: RESOLUTION NO. 2000-120 RESOLUTION AMENDING THE POLICY AND PROCEDURE ON REQUESTS FOR PROPOSALS FOR FINANCIAL PRO SSIONAL SERVICES 1 WHEREAS, the City Council established the Policy and Procedure on Requests for Proposals for Financial Professional Services on May 28, 1996; and WHEREAS, other projects and workloads in the Finance Department make it advisable to delay the RFP scheduled for the year 2000; and WHEREAS, the Financial Commission is recommending that the schedule for conducting further requests for proposals be amended so that the Insurance Agent and Risk Management Consultant RFP will be in 2003. 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" Schedule of Requests for Proposals. July 10, 2000 Date Ma or ATTEST: City Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Kay la.sman , and upon vote being taken thereon, the following voted in favor thereof: Myrna Kragness, Debra Hilstrom, Kay la.sman, Ed Nelson, and Robert Peppe; and the following voted against the same: none; whereupon said resolution was declared duly passed and adopted. A CITY OF BROOKLYN CENTER SCHEDULE OF REQUESTS FOR PROPOSALS Alternative NORMAL INTERVAL BETWEEN LAST PROFESSIONAL SERVICE R:F.P.s R.F.P. 2000 Financial Advisor for bond sales 6 years 1998 Banking Services 6 years 1996 Insurance Agent 6 years 1990 Risk Management Consultant 6 years 1999 Custodian for investment securities 6 years 1998 Auditor 6 years 1994 2001 2002 2003 Bank Ins Agent Risk Auditor 0 y O z z 0 N 0 0 2004 2005 2006 N O Fin Advis Custodian SCHMULE.XLS altemative 6/30/00