File #: 21252    Version: 0 Name: Stifel Nicolaus & Co. - Financial Advisor
Type: Resolution Status: Passed
File created: 4/20/2023 In control: County Legislature
On agenda: 4/24/2023 Final action: 4/24/2023
Title: A RESOLUTION authorizing the Chairman of the Legislature to execute an Agreement for Municipal Financial Advisory Services with Stifel, Nicolaus & Co., Inc., of Kansas City, MO, for municipal financial advisory services to be provided to the Legislature through December 31, 2023, at a cost to the County not to exceed $5,000.00.
Sponsors: DaRon McGee
Indexes: AGREEMENT, CHAIRMAN OF THE LEGISLATURE, MUNICIPAL FINANCIAL ADVISORY SERVICES
Attachments: 1. 21252bu, 2. 21252adopted.pdf, 3. 21252 Stifel Nicolaus & Co. agreement
Related files: 20846, 20500, 20105, 20997

IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

 

Title

A RESOLUTION authorizing the Chairman of the Legislature to execute an Agreement for Municipal Financial Advisory Services with Stifel, Nicolaus & Co., Inc., of Kansas City, MO, for municipal financial advisory services to be provided to the Legislature through December 31, 2023, at a cost to the County not to exceed $5,000.00.

 

 

Intro

RESOLUTION NO. 21252, April 24, 2023

 

INTRODUCED BY DaRon McGee, County Legislator

 

 

Body

 WHEREAS, the Legislature has a need to retain a qualified firm to provide to the Legislature municipal financial advisory services including financial analysis and debt structuring recommendations for the new detention center project and related facilities; and,

 

WHEREAS, Stifel, Nicolaus & Co., Inc. (Stifel), of Kansas City (Jackson County), MO, previously provided such services to the County during 2019 to 2021, and is qualified to provide these services to the Legislature in 2023, at a cost to the County not to exceed $5,000.00; now therefore,

 

BE IT RESOLVED by the County Legislature of Jackson County, Missouri, that the Chairman of the Legislature be and hereby is authorized to execute an Agreement for Municipal Financial Advisory Services with Stifel for a term expiring on December 31, 2023, at a cost to the County not to exceed $5,000.00, in a form to be approved by the County Counselor; and,

 

BE IT FURTHER RESOLVED that the Director of Finance and Purchasing be and hereby is authorized to make all payments, including final payment, on the Agreement.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Enacted and Approved

Effective Date: This Resolution shall be effective immediately upon its passage by a majority of the Legislature.

 

APPROVED AS TO FORM:

 

 

 

________________________________                     _______________________________

Chief Deputy County Counselor                      County Counselor

 

Certificate of Passage

 

                     I hereby certify that the attached resolution, Resolution No. 21252 of April 24, 2023, was duly passed on April 24, 2023 by the Jackson County Legislature. The votes thereon were as follows:

 

 

                     Yeas ________7_________                                          Nays ______1________

 

 

Abstaining ______0_______                     Absent _____1_______

 

 

 

_________________                                                                                    _______________________________

Date                                                                                                                                                   Mary Jo Spino, Clerk of Legislature

 

 

Fiscal Note

There is a balance otherwise unencumbered to the credit of the appropriation to which the expenditure is chargeable and there is a cash balance otherwise unencumbered in the treasury to the credit of the fund from which payment is to be made each sufficient to provide for the obligation herein authorized.

 

ACCOUNT NUMBER:        001                     0112                     56012

ACCOUNT TITLE:                                          General Fund

                                                                                    Legislature- As a Whole

                                                                                    Financial Advisory Services 

NOT TO EXCEED:                                          $5,000.00

                     

 

 

 

_________________                     _______________________________

Date                     Chief Administrative Officer