File #: 22-386    Version: 1 Name:
Type: Resolution Status: Passed
File created: 9/16/2022 In control: Audit and Finance Committee
On agenda: Final action: 10/11/2022
Title: AUTHORIZING AN AGREEMENT WITH HAWKINS, DELAFIELD, AND WOOD, LLP REGARDING ARBITRAGE COMPLIANCE SERVICES
Sponsors: Audit and Finance Committee, Frank J. Commisso
Attachments: 1. TMP 3611- COMPTROLLER, 2. 22-386 AF 4 - TMP 3611 - Hawkins Arbitrage services

RESOLUTION NO. 386

 

AUTHORIZING AN AGREEMENT WITH HAWKINS, DELAFIELD, AND WOOD, LLP REGARDING ARBITRAGE COMPLIANCE SERVICES

 

                     Introduced: 10/11/22

                     By Audit and Finance Committee and Mr. Commisso:

 

WHEREAS, The Albany County Comptroller has requested authorization to enter into an agreement with Hawkins, Delafield, & Wood, LLP. regarding arbitrage compliance services related to invested funds at the rates indicated in the cost proposal for a three year term commencing October 11, 2022 and ending October 10, 2025, with two additional one-year options to renew, and

 

                     WHEREAS, The Comptroller, through the County Purchasing Agent, issued a request for bids regarding arbitrage compliance services and three bids were received, and

WHEREAS The Comptroller reviewed said bids and recommended awarding the contract to Hawkins, Delafield, & Wood, LLP. as offering the best value for Albany County, now, therefore, be it

 

                     RESOLVED, By the Albany County Legislature that the County Executive is authorized to enter into an agreement with Hawkins, Delafield, & Wood, LLP., New York, NY 10007 regarding arbitrage compliance services at the rates indicated in the cost proposal for a three year term commencing October 11, 2022 and ending October 10, 2025, with two additional one-year options to renew, and, be it further

 

RESOLVED, That the County Attorney is authorized to approve said agreement as to form and content, and, be it further

 

                     RESOLVED, That the Clerk of the County Legislature is directed to forward certified copies of this resolution to the appropriate County Officials.