Recommendation to adopt Specifications No. RFP FM15-019 and award contracts to Barbara A. Lloyd, Municipal Advisory Services, of Los Angeles, CA; Frasca & Associates, LLC, of New York, NY; KNN Public Finance, of Los Angeles, CA; Montague DeRose and Associates, LLC, of Westlake Village, CA; Public Financial Management, Inc., of Los Angeles, CA; and Public Resources Advisory Group, of Los Angeles, CA, to provide financial advisory services on an as-needed basis, in an aggregate amount not to exceed $1,200,000 per year, for a period of two years, with the option to renew for three additional one-year periods, at the discretion of the City Manager.  (Citywide)
Motion carries eight zero 16. Item 16 Report from Financial Management. Recommendation to award six contracts to provide financial advisory services on an as needed basis in an aggregate aggregate amount not to exceed 1,200,000 per year. Citywide grant has been in motion in a second. Is there any public comment on this? Do you, Mr. West, you want to briefly just inform the Council what this process is? Certainly our Treasurer, David Nakamoto. Thank you, sir. Honorable mayor and members of the City Council before you as a recommendation to a ward. Both. Excuse me, honorable mayor and members of the City Council before you as a recommendation to award as needed contracts for six advisory service firms to provide the city specialized financial and advisory services only on a as needed basis . The city has historically used financial experts for various on call projects, access to specialized financial and industry expertize as necessary to preserve the city's ability to address priority issues, as well as shifting financial and legal and regulatory developments in a comprehensive and timely manner. City Council's action is requested on March 24th, 2015, to ensure that the appropriate financial expertize is available to support city initiatives. This concludes staff support. Thank you. I do have the make or the motion in the second. Do you have any comments? If management's over to Councilman Gonzales, who has a comment that Councilman Gonzales. Just had a question in the item here, it says, Local business outreach, how are we outreaching to our local businesses for this process? Councilmember Gonzalez We align ourselves with the purchasing department's practice. We've outreached through their monthly of our proposal, which reaches 30 local, minority and women owned businesses. In addition to that, the purchasing department itself published our item to 376 local businesses. Okay, so are we sending them a is it an email or what format would we I mean, how is that? I believe it's electronic format. Yes. Okay. Just wanted to thank you. Thank you. We have a motion on the floor. Please cast your vote. Motion carries eight zero. Item 17 Report from Fire. Recommendation to Adopt Resolution Identifying the terms and conditions for the Fire Department. Response to incidents outside the jurisdiction when when the Long Beach Fire Department is compensated or reimbursed for such responses citywide.