Report Prepared by: Venus Rodriguez, Finance Officer
Title
SUBJECT: Agreement for Bond and Disclosure Counsel Services with Norton Rose Fulbright US, LLP and Waive the Competitive Bidding Requirement
REPORT IN BRIEF
Considers awarding an agreement to Norton Rose Fulbright US, LLP to provide bond and disclosure counsel services in connection with a General Obligation Bond ballot measure and subsequent bond financing and waive the competitive bidding requirement.
RECOMMENDATION
City Council - Adopt a motion:
A. Approving the contract with Norton Rose Fulbright (NRF) for bond and disclosure counsel services, waiving the competitive bid, and authorizing the City Manager or Assistant City Manager to execute the necessary documents and allow for minor modification to legal provisions as needed, and;
B. Approving transfers from Public Facilities Financing Fees-Police in the amount of $5,000 from Fund 047, and $5,000 from Fund 057 to Fund 449 Public Safety CIP, and appropriating the same amount to Project #116040 New Police Headquarters.
Body
ALTERNATIVES
1. Adopt the motion as recommended by staff; or
2. Modify the action (specify in motion); or
3. Deny the action.
AUTHORITY
Merced City Charter Section 200. Merced Municipal Code section 3.04.210 (exemption from competitive bidding).
CITY COUNCIL PRIORITIES
As provided for in the 2017-18 Adopted Budget.
DISCUSSION
In August 2017, the City Council approved the purchase of 3033 N. G Street (Merced Sun-Star facility) for a future police headquarters site. To keep the Police Headquarters project moving forward, staff indicated we would be bringing back to the City Council requests to hire consultants for the following tasks: poll the public regarding support for sales tax increase to fund the Police Headquarters and other city facilities, architect to perform a facility needs assessment, and financial advisor to evaluate alternative means of funding.
In October 2017, the City Council approved a profess...
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