10/22/2024 Resolutions 2024-284 RESOLUTION 2024-284
WHEREAS, the City's of Grand Island issued a Request for Proposals (RFP) for
Municipal Advisory Services; and
WHEREAS, two proposals were received; and
WHEREAS, Janney Montgomery Scott LLC submitted a proposal which was
ranked the highest by the selection committee; and
WHEREAS, the City of Grand Island and Janney Montgomery Scott LLC enter
into an agreement for Municipal Advisory Services; and
WHEREAS, this agreement shall be for five (5) years commencing on November
1, 2024, and effective through October 31, 2029 at an annual cost of$75,000/year for the life of
the contract and additional fees pursuant to the terms of the agreement due upon issuance and
closing of certain municipal debt obligations.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL
OF THE CITY OF GRAND ISLAND,NEBRASKA,that the agreement with Janney Montgomery
Scott LLC is hereby accepted and approved as the highest ranked proposal submitted.
BE IT FURTHER RESOLVED, that the Mayor is hereby authorized and directed
to execute such agreement on behalf of the City of Grand Island and to take all other actions
necessary to effect the purpose of this resolution.
Adopted by the City Council of the City of Grand Island,Nebraska, October 22, 2024.
oger G. Stee e, Mayor
Attest:
ill Granere, City Clerk