HomeMy WebLinkAboutCC Res 6953 2019-09-09 RESOLUTION 6953
A RESOLUTION OF THE SEAL BEACH CITY COUNCIL APPROVING
AND AUTHORIZING THE CITY MANAGER TO EXECUTE A
PROFESSIONAL SERVICES AGREEMENT WITH GOVINVEST INC. TO
PROVIDE GASB 75 ACTUARIAL VALUATIONS AND ADC REPORTS
AND GASB 75 ROLL-FORWARD VALUATIONS
WHEREAS, pursuant to the Seal Beach City Charter, Seal Beach Municipal Code
Chapter 3.20 establishes a central purchasing system including procedures for
competitive bidding and exemptions from competitive bidding; and,
WHEREAS, Seal Beach Municipal Code Section 3.20.025(C) provides for an exemption
from competitive bidding requirements for purchases of professional services, including
without limitation, architectural services; bond services; election services; engineering
services; insurance services; legal services; public relations services; real estate
services; and solid waste disposal services; engineering services.
NOW, THEREFORE, THE SEAL BEACH CITY COUNCIL DOES HEREBY RESOLVE:
Section 1. The City Council hereby approves that professional services agreement
dated July 1 , 2019 between the City of Seal Beach and Govinvest Inc. to provide GASB
75 Actuarial Valuations, ADC Reports, and Roll-forward Valuations in a not-to-exceed
amount of $23,500 for the five-year term.
Section 2. The City Council hereby authorizes and directs the City Manager to execute
the Agreement.
PASSED, APPROVED, AND ADOPTED by the Seal Beach City Council at a regular
meeting held on the 9th day of September 2019 by the following vote:
AYES: Council Members: Kalmick, Massa-Lavitt, Moore, Sustarsic, Varipapa
NOES: Council Members: None
ABSENT: Council Members: None
ABSTAIN: Council Members: None
---,Thomas Moore, Mayor
ATTEST: � pF SEA I 8-„,
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STATE OF CALIFORNIA }
COUNTY OF ORANGE } SS
CITY OF SEAL BEACH }
I, Gloria D. Harper, City Clerk of the City of Seal Beach, do hereby certify that the
foregoing resolution is the original copy of Resolution 6953 on file in the office of the
City Clerk, passed, approved, and adopted by the City Council at a regular meeting held
on the 91h day of September 2019.
oria D. Harper, City Clerk