File #: 24-786    Version: 1 Name:
Type: Resolution Status: Passed
File created: 11/12/2024 In control: Audit and Finance Committee
On agenda: Final action: 12/2/2024
Title: AUTHORIZING AN AGREEMENT WITH CAPITAL MARKETS ADVISORS, LLC REGARDING AMERICAN RESCUE PLAN ACT ADVISORY SERVICES AND AMENDING THE 2024 ALBANY COUNTY BUDGET
Sponsors: Audit and Finance Committee
Attachments: 1. CMA Extension Cover Letter, 2. RLA Form 6141, 3. Albany County ARPA Agreement 2022-2024, 4. CMA Renewal_2024 Reso 363, 5. CMA Renew Amendment, 6. 24-786 AF 17 - TMP-6141 - CMA, Budget Amendment

RESOLUTION NO. 786

 

AUTHORIZING AN AGREEMENT WITH CAPITAL MARKETS ADVISORS, LLC REGARDING AMERICAN RESCUE PLAN ACT ADVISORY SERVICES AND AMENDING THE 2024 ALBANY COUNTY BUDGET

 

                     Introduced: 12/2/24

By Audit and Finance Committee:

 

                     WHEREAS, The County Executive has requested authorization to enter into an agreement with Capital Markets Advisors, LLC regarding American Rescue Plan Act advisory services in the amount of $54,000 for the term commencing January 1, 2025 and ending December 31, 2025, and

 

                     WHEREAS, The County Executive has also requested to amend the 2024 Albany County Budget in order to allocate the funding, now, therefore, be it

 

                     RESOLVED, By the Albany County Legislature that the County Executive is authorized to enter into an agreement with Capital Markets Advisors, LLC, Great Neck, NY 11021 regarding American Rescue Plan Act advisory services in the amount of $54,000 for the term commencing January 1, 2025 and ending December 31, 2025, and, be it further

 

                     RESOLVED, That the 2024 Albany County Budget is amended as follows:

 

 

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.