RESOLUTION NO. 679
AUTHORIZING AN AGREEMENT WITH AQUARIUS CAPITAL SOLUTIONS GROUP, LLC REGARDING ACTUARIAL SERVICES
Introduced: 11/12/24
By Audit and Finance Committee:
WHEREAS, In November 2021, the Contract Administration Board authorized a contract with Aquarius Capital Solutions Group, LLC regarding actuarial services in an amount not to exceed $20,000 for the term commencing January 1, 2022 and ending December 31, 2024, with two one-year options to renew, and
WHEREAS, The Comptroller has requested authorization to enter into the first of two one-year options to renew the agreement with Aquarius Capital Solutions Group, LLC regarding actuarial services in an amount not to exceed $7,000 for the term commencing January 1, 2025 and ending December 31, 2025, and
WHEREAS, The Comptroller has indicated that actuarial services are necessary to comply with Governmental Accounting Standards Board requirements, now, therefore, be it
RESOLVED, By the Albany County Legislature that the County Executive is authorized to enter into an agreement with Aquarius Capital Solutions Group, Port Chester, NY 10573 regarding actuarial services in an amount not to exceed $7,000 for the term commencing January 1, 2025 and ending December 31, 2025, 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.