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PFM 2024-2025 Resolution (3)
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2023-12-19 10:00 AM - Commissioners' Agenda
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PFM 2024-2025 Resolution (3)
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Last modified
12/14/2023 12:16:15 PM
Creation date
12/14/2023 12:15:37 PM
Metadata
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Template:
Meeting
Date
12/19/2023
Meeting title
Commissioners' Agenda
Location
Commissioners' Auditorium
Address
205 West 5th Room 109 - Ellensburg
Meeting type
Regular
Meeting document type
Supporting documentation
Supplemental fields
Item
Request to Approve a Resolution Acknowledging an Extension of the Professional Services Agreement between the Kittitas County Treasurer's office and PFM Financial Advisors, PLLC
Order
2
Placement
Consent Agenda
Row ID
112272
Type
Resolution
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RESOLUTION <br /> <br />KITTITAS COUNTY <br />PROFESSIONAL SERVICES AGREEMENT <br />AMENDMENT NO. 3 <br /> <br />The Professional Services Agreement entered into September 15, 2016 by and between the <br />Kittitas County (the “County”) and PFM Financial Advisors LLC (“PFM”) is amended as follows: <br /> <br />1. TERMS AND TERMINATION <br />a. Extend the Term in Section IV of the Agreement through December 31, 2023 <br />unless sooner terminated according to the provisions therein. <br /> <br />2. NOTICES <br />a. Amend Section VII to modify PFM Financial Advisors LLC Seattle office address <br />as follows: <br /> <br />PFM FINANCIAL ADVISORS LLC <br />107 Spring Street <br />Seattle, WA 98104 <br />Attention: Managing Director <br /> <br />3. EXHIBIT B <br />A. Amend Exhibit B Compensation for Services #1 Fixed Rate Transaction Fees <br />(Competitive and Negotiated) as follows: <br /> <br />For financing up to $20 million: $1.50 per $1,000, with a $25,000 minimum <br />For financing over $20 million: $30,000 plus $0.75 per $1,000 over $20 million <br /> <br />ALL OTHER TERMS AND CONDITIONS OF THE ORIGINAL CONTRACT REMAIN IN FULL <br />FORCE AND EFFECT. <br /> <br />IN WITNESS WHEREOF, the parties hereby execute this Amendment. <br /> <br />PFM Financial Advisors LLC: County: <br />__________________________________ __________________________________ <br />Signature Date Signature Date <br /> <br />_____________________________________________________ ______________________________________________________ <br />Name Name <br /> <br />Managing Director___________________ ___________________________________ <br />Title Title <br /> <br />
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