5. 6th Renewal 04/20/2011DANNY L. KOLHAGE
CLERK OF THE CIRCUIT COURT
DATE: April26, 2011
TO: Tina Boan, Sr. Budget Director
ATTN.• Penny Kipp, Sr. Budget Analyst
FROM: Pamela G. Hand.
At the April 20, 2011, Board of County Commissioners meeting the Board granted
approval and authorized execution of Item C7 Contract Renewal for Financial Advisory Services
with Public Financial Management, Inc. (PFM), Financial Advisor to Monroe County.
Enclosed is a duplicate original of the above -mentioned for your handling. Should you
have any questions, please do not hesitate to contact my office.
cc: County Attorney
Finane
File
Contract Renewal
This renewal is made and entered into this 20th day of April, 2011 between Monroe
County, called the "County", and Public Financial Management, Inc., called "Financial
Advisor", in order to renew the agreement entered into on April 21, 2004.
Whereas, the current agreement is due to expire and Monroe County desires to extend
the agreement two additional years.
Now, Therefore in consideration of the mutual terms, understandings, conditions,
promises, covenants, and payments hereinafter set for the, County and Financial Advisor
agree as follows:
Section 1. Recitals. The above recitals are true and correct and incorporated herein.
Section 2. Term. This agreement is hereby extended for two years from the date of
expiration of the current agreement.
Section 3. Notices. The County party shall read:
For Monroe County
Roman Gastesi, County Administrator
1100 Simonton Street
Key West, FL 33040
Section 4. Financial Advisor's Representatives. The following named individuals from
Financial Advisor's firm shall provide the services set forth in this agreement:
Mr. David Moore, Managing Director
TEAM MEMBERS:
Sergio Masvidal, Senior Managing Consultant
Jay Glover, Senior Managing Consultant
Jeremy Niedfeldt, Senior Managing Consultant
Section 5. Other Conditions. All other conditions of the Agreement shall remain in full
force effect.
In Witness Whereof, the parties have hereunto set their hands and seal, the day and year
first t�i�itabove.
(SEAL) E
Attest Danny r-Kolhage, Clerk Board of County Commissioners
.* of Monroe County, Florida
By:
Deputy Clerk
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Public Financial Management, Inc.
By:
David M. Moore
Title: Mana iinn,y, Director
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