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A - Draft Reso Chandler Amendment No. 1 to Agreement

San Leandro City Council
May 6, 2024

Document
A - Draft Reso Chandler Amendment No. 1 to Agreement
Meeting
May 6, 2024
Body
San Leandro City Council
Original file
684 KB
Text extracted from the city's file for reading and search. Open the original on legistar1.granicus.com. That file is the official record.

IN THE CITY COUNCIL OF THE CITY OF SAN LEANDRO
RESOLUTION NO. 2024-XXX

RESOLUTION OF THE CITY OF SAN LEANDRO CITY COUNCIL
TO APPROVE AMENDMENT NO. 1 TO THE CONSULTING SERVICES AGREEMENT WITH

CHANDLER ASSET MANAGEMENT FOR INVESTMENT SERVICES FOR A NOT TO EXCEED AMOUNT OF $160,000 AND A PROJECTED FEE OF $141,500
WHEREAS, the City Council approved the most recent consulting services agreement with Chandler Asset Management for investment services on June 7, 2021; and WHEREAS, Chandler has provided excellent service and consistently generates sound yields, while protecting City investments; and
WHEREAS, Amendment No. 1 to the consultant services agreement with Chandler Asset Management for investment services to be effective July 1, 2024, a copy of which is attached hereto, is presented to the City Council; and
WHEREAS, the City Council is familiar with the contents thereof.

NOW, THEREFORE, the City Council of the City of San Leandro does RESOLVE as follows:

That said Amendment No. 1 to the consultant services agreement with Chandler Asset Management for investment services is hereby approved.

Introduced by Councilmember _______ and passed and adopted this 6th day of May 2024, by the following vote:

AYES:

NOES:

ABSENT:

ATTEST:

Kelly B. Clancy, CMC
City Clerk
DRAFT

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