HomeMy WebLinkAboutGovernment Financial Strategies, Inc. 2008-09-16OVernment
Financial
Strategies
inc.
FINANCIAL ADVISORY CONTRACT
This contract is made by and between GOVERNMENT FINANCIAL STRATEGIES INC. and the CITY
OF UKIAH. GOVERNMENT FINANCIAL STRATEGIES will provide financial advisory services
(described more specifically below). In consideration of the services provided, the CITY OF UKIAH
will pay to GOVERNMENT FINANCIAL STRATEGIES hourly fees of $195 for services, plus out-of-
pocket expenses (such as mileage, computer charges, etc.). For travel time, the CITY OF UKIAH
will pay to GOVERNMENT FINANCIAL STRATEGIES hourly fees of $97.50. All charges will be
approved by the City Manager of the CITY OF UKIAH. Billing is on a monthly basis for fees and
expenses. The term of this contract is twelve months.
GOVERNMENT FINANCIAL STRATEGIES will provide general financial planning and advisory
services to the CITY OF UKIAH which include but are not limited to the following: reviews of
revenue sharing agreements, assistance in the development of new revenue agreements, a
review of facilities needs and costs, an evaluation of the tax base, examination of short term and
long term cash flow schedules, identification and classification of existing and potential revenue
sources, allocation of revenues to expenditures, development of financial strategies and
assistance in financial transactions, public information meetings, study sessions for the City
Council, and assistance with the production of a comprehensive financial plan.
This contract may be terminated by either party with 30 days' notice. In the case of early
termination, the CITY OF UKIAH will be entitled to completion of all work in progress at its option,
and GOVERNMENT FINANCIAL STRATEGIES will be entitled to payment in full of all expenses and
fees incurred.
AGREED:
Y
)nleChambers
Manager
y of Ukiah
Date: ~-11
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Lori Raineri
President
Government Financial Strategies inc.
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Date: t 6l
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1228 N Street, Suite 13, Sacramento, CA 95814-5609
Telephone (916) 444-5100 Fax (916) 444-5109