26-482
Consent Agenda
Active 2 appearances
Authorizing the City Manager to approve a professional services agreement with Valley View Consulting L.L.C. for Investment Advisor Services for a period of two years to remain in effect until March 31, 2026; with the option for the City to extend the agreement an additional one and two-year terms. The maximum fiscal year accumulated fee is $75,000.00 per year. The fee will be allocated based on interest earnings to the respective bond issues and department funds.
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Summary
The City of Laredo is considering a two-year extension of its professional services agreement with Valley View Consulting L.L.C. for Investment Advisor Services. This extension would be the final one for the contract, running from April 1, 2026, to March 31, 2028. The original contract was approved on March 18, 2024, for a two-year term. The maximum fiscal year accumulated fee remains $75,000.00 per year, allocated based on interest earnings.
Legislative Journey
26-482 2 appearances
Legislative Journey