Jackson County Missouri - File #: 4306

• File #: 4306
• Version: 0
• Name: Furnishing of investment banking
• Type: Ordinance
• Status: Passed
• File created: 4/18/2011
• In control: Finance and Audit Committee
• On agenda: 4/18/2011
• Final action: 4/25/2011
• Title: AN ORDINANCE appropriating $200,000.00 from the undesignated fund balance of the 2011 General Fund and awarding a contract on Request for Qualifications No. 22-11 for the furnishing of investment banking and financial advisory services for use by the Finance and Purchasing Department, to Oppenheimer & Co., Inc., of Kansas City, MO, at an actual cost to the County not to exceed $200,000.00.
• Sponsors: Dennis Waits
• Indexes: FINANCIAL ADVISOR, GENERAL FUND

Date	Ver.	Action By	Action	Result
4/25/2011	0	Finance and Audit Committee
4/25/2011	0	County Legislature	Consent Agenda
4/25/2011	0	County Legislature	perfect	Pass
4/25/2011	0	County Legislature	suspend the rules to consider final passage	Pass
4/25/2011	0	County Legislature	Consent Agenda	Pass
4/25/2011	0	County Legislature	adopt	Pass
4/22/2011	0	County Legislature	Go To 1st Perfection	Pass
4/18/2011	0	County Legislature	assign to committee

IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI


Title
AN ORDINANCE appropriating $200,000.00 from the undesignated fund balance of the 2011 General Fund and awarding a contract on Request for Qualifications No. 22-11 for the furnishing of investment banking and financial advisory services for use by the Finance and Purchasing Department, to Oppenheimer & Co., Inc., of Kansas City, MO, at an actual cost to the County not to exceed $200,000.00.


Intro
ORDINANCE #4306, April 18, 2011

INTRODUCED BY Dennis Waits, County Legislator

Body
WHEREAS, by Request for Qualifications (RFQ) No. 22-11, the Director of Finance and Purchasing did solicit the submission of qualifications from firms interested in providing investment banking and financial advisory services to the County; and,

WHEREAS, the Director received two responses to the RFQ, which were evaluated by an ad hoc committee consisting of representatives from the Finance and Purchasing Department, Legislative Auditor's Office, and County Counselor's Office; and,

WHEREAS, after an evaluation of the firms' qualifications, the committee has recommended the award of a contract for these services to Oppenheimer & Co., Inc., of Kansas City (Jackson County), MO, as it is the responding firm with the superior qualifications; and,

WHEREAS, in order to fund this contract, an appropriation is necessary; and,

WHEREAS, the County Executive recommends this appropriation; now therefore,

BE IT ORDAINED by the County Legislature of Jackson County, Missouri, that the following appropriation from the undesignated fund balance of the 2011 General Fund be and hereby is made:

DEPARTMENT/DIVISION CHARACTER/DESCRIPTION FROM TO
General Fund
001-2810 Undesignated Fund Balance $200,000
001-5101 56080 - Other Professional Svcs $200,000


and,

BE IT FURTHER ORDAINED that a cont...