File #: 23-103    Version: 1 Name:
Type: Resolution Status: Passed
File created: 2/9/2023 In control: Audit and Finance Committee
On agenda: Final action: 3/13/2023
Title: AUTHORIZING AN AGREEMENT WITH CAPITAL MARKETS ADVISORS, LLC REGARDING FINANCIAL ADVISORY SERVICES
Sponsors: Audit and Finance Committee
Attachments: 1. TMP 4069 - Comptroller Renewal of Agreement Capital Markets Advisors, 2. 23-103 AF 2 - TMP-4069 - Capital Markets Advisors financial advisory services

RESOLUTION NO. 103

 

AUTHORIZING AN AGREEMENT WITH CAPITAL MARKETS ADVISORS, LLC REGARDING FINANCIAL ADVISORY SERVICES

 

                     Introduced: 3/13/23

                     By Audit and Finance Committee:

 

WHEREAS, By Resolution No. 99 for 2020, this Honorable Body authorized an agreement with Capital Markets Advisors, LLC, regarding financial advisory services at the rates indicated in the cost proposal for a three year term commencing January 1, 2020 and ending December 31, 2022 with two one-year options to renew, and,

 

WHEREAS, The Albany County Comptroller has requested authorization to execute the first of two options to renew and enter into an agreement with Capital Markets Advisors, LLC regarding financial advisory services at the rates indicated in the cost proposal for a one-year term commencing January 1, 2023 and ending December 31, 2023, now, therefore, be it

 

                     RESOLVED, By the Albany County Legislature that the County Executive is authorized to execute the first of two options to renew and enter into an agreement with Capital Markets Advisors, LLC, Great Neck, NY 11022 regarding financial advisory services at the rates indicated in the cost proposal for a one-year term commencing January 1, 2023 and ending December 31, 2023, 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.