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Resolution 2023-226
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12. December
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2023-12-19 10:00 AM - Commissioners' Agenda
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Resolution 2023-226
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Last modified
2/7/2025 10:24:38 AM
Creation date
2/7/2025 10:24:30 AM
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
Fully Executed Version
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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KITTITAS COUNTY <br />PROFESSIONAL SERVICES AGREEMENT <br />AMENDMENT NO.3 <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 />1. TERMS AND TERMINATION <br />A. Extend the Term in Section lV of the Agreement through December 31,2023 unless <br />sooner terminated according to the provisions therein. <br />2. NOTICES <br />A. Amend Section Vll to modify PFM FinancialAdvisors LLC Seattle office address as <br />follows: <br />PFM FINANCIAL ADVISORS LLC <br />107 Spring Street <br />Seattle, WA 98104 <br />Attention: Managing Director <br />3. EXHIBIT B <br />A. Amend Exhibit B Compensation for Services #1 Fixed Rate Transaction Fees <br />(Competitive and Negotiated) as follows: <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 91,000 over $20 million <br />ALL OTHER TERMS AND CONDITIONS OF THE ORIGINAL CONTRACT REMAIN IN FULL <br />FORCE AND EFFECT. <br />lN WTNESS WHEREOF, the parties hereby execute this Amendment. <br />PFM FinancialAdvisors LLC: County: <br />Signature Date Signature Date <br />Name Name <br />Manaoinq Director <br />Title Title
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