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Res-2019-192 PSA PFM Financial
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2019-12-03 10:00 AM - Commissioners' Agenda
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Res-2019-192 PSA PFM Financial
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Last modified
12/11/2019 10:44:16 AM
Creation date
12/11/2019 10:44:04 AM
Metadata
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Template:
Meeting
Date
12/3/2019
Meeting title
Commissioners' Agenda
Location
Commissioners' Auditorium
Address
205 West 5th Room 109 - Ellensburg
Meeting type
Regular
Meeting document type
Fully Executed Version
Supplemental fields
Alpha Order
i
Item
Request to Acknowledge an Amendment to Extend the Professional Services Agreement between Kittitas County and PFM Financial Advisors LLC for 2020-2021.
Order
9
Placement
Consent Agenda
Row ID
58292
Type
Contract
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VI. INFORMATION TO BE FURNISHED TO PFM <br />AU information, data, reports, and records ("Data") in the possession of the Client or any <br />third party necessary for carrying out any services to be performed under th.is Agreement shall be <br />furnished to PF11 and the Client shall, and shall cause its agent(s) to, cooperate with PFM in its <br />conduct of reasonable due diligence in performing the services, including with respect to the facts <br />that are necessary in its recommendation(s) to the Client in connection with a municipal securities <br />transaction or municipal financial product and/ or relevant to a Client's determination whether to <br />proceed with a course of action. To the extent Client requests that PFM provide advice with regard <br />to any recommendation made by a third party, Client will provide to PFM written direction to do so <br />as well as any Data it has receiYed from such third party relating to its recommendation. Client <br />acknowledges and agrees that while PFM is rel;ting on the Data in connection with its provision of <br />the services under this Agreement, PF1v1 makes no representation with respect to and shall not be <br />responsible for the accuracy or completeness of such Data. <br />VII. NOTICES <br />All notices given under this Agreement shall be in writing, sent by registered United States <br />mail, with return receipt requested, addressed to the party for whom it is intended, at the designated <br />below. The parties designate the following as the respective places for giving notice, to-wit: <br />KITTITAS COUNTY <br />205 West 5th Avenue, Suite 102 <br />Ellensburg, WA 98926 <br />Attention: Brett \Vachsmith, County Treasurer <br />PFM FINANCIAL ADVISORS LLC <br />1200 Fifth Avenue, Suite 1220 <br />Seattle, WA 98101 <br />Attention: Susan Musselman, Director <br />VIII. TITLE TRANSFER <br />All materials, except functioning or dynamic financial models, prepared by PFM pursuant <br />exclusively to this Agreement shall be the property of the Client. Subject to the exception described <br />above, upon termination of this Agreement, at Client's reasonable request no later than three 3 years <br />after the termination of this Agreement PF1v1 shall deliver to the Client copies of any and all material <br />pertaining to this Agreement. <br />IX. PFM'S REPRESENTATIVES <br />1. Assignment of Named Individuals <br />The professional employees of PFM set forth below will provide the services set forth in this <br />Agreement; provided that PFM may, from time to time, supplement or otherwise amend the team <br />members set forth below. <br />3
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