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File #: 25-358    Version: 1 Name:
Type: Resolution Status: Passed
File created: 8/6/2025 In control: Audit and Finance Committee
On agenda: Final action: 9/8/2025
Title: AUTHORIZING AN AGREEMENT WITH HAWKINS, DELAFIELD, AND WOOD, LLP REGARDING ARBITRAGE COMPLIANCE SERVICES
Sponsors: Audit and Finance Committee
Attachments: 1. TMP 6767 - Authorization to Exercise First Option Year with Hawkins, Delafield and Wood - Arbitrage Compliance Services, 2. 25-358 AF 6 - TMP-6767 - Hawkins Arbitrage services renewal

RESOLUTION NO. 358

 

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

 

                     Introduced: 9/8/25

                     By Audit and Finance Committee:

 

WHEREAS, By Resolution No. 386 for 2022, this Honorable Body authorized an agreement with Hawkins, Delafield, & Wood, LLP 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

 

WHEREAS, The Albany County Comptroller has requested authorization to enter into an agreement for the first of two one-year options to renew with Hawkins, Delafield, & Wood, LLP regarding arbitrage compliance services related to invested funds at rates indicated in the original proposal, for a term commencing October 11, 2025 and ending October 10, 2026, now, therefore, be it

 

                     RESOLVED, By the Albany County Legislature that the County Executive is authorized to enter into an agreement for the first of two one-year options to renew with Hawkins, Delafield, & Wood, LLP, New York, NY 10007 regarding arbitrage compliance services related to invested funds at rates indicated in the original proposal, for a term commencing October 11, 2025 and ending October 10, 2026, 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.