Item T07 * REVISED BACKUP*
BOARD OF COUNTY COMMISSIONERS
Revised AGENDA ITEM SUMMARY
Meeting Date: October 16, 2013 Division: County Admnistrator
Bulk Item: Yes X No _ Department: Administration
Staff Contact Person/Phone#: Kevin Madok
AGENDA ITEM WORDING: Approval of Contract Renewal for Public Financial Management (PFM) which shall
be retroactive to April 21, 2013 and run until October 2014. This is a professional service contract to provide
financial planning, policy development, services related to debt transactions and other financial services.
ITEM BACKGROUND: This company has provided financial services to the county for several Years.The county
has been very happy with their services. This is a professional services contract which is does not require a
competitive bid, however, this contract renewal will allow for continuity of that service until October 2014, at
which time the county will do a competitive bid procedure in order to gauge the market.
PREVIOUS RELEVANT BOCC ACTION: PFM has worked with the county since 1986, In 2004 the county
completed a competitive bid process and awarded the contract to PFM. Since then the contract has been
renewed.
CONTRACT/AGREEMENT CHANGES: None
STAFF RECOMMENDATIONS: Approval
TOTAL COST: $2500.00 per month INDIRECT COST: BUDGETED: Yes X No
DIFFERENTIAL OF LOCAL PREFERENCE: N/A
COST TO COUNTY: SOURCE OF FUNDS: 001-00101-530340
REVENUE PRODUCING:Yes No X AMOUNT PER MONTH Year
APPROVED BY: County AttY X OMB/Purchasing_ Risk Management
DOCUMENTATION: Included X Not Required
DISPOSITION: AGENDA ITEM # T-7
* REVISED BACKUP—Agenda Item Wording:
added language "retroactive to April 21,2013"
Revised 7/09
MONROE COUNTY BOARD OF COUNTY COMMISSIONERS
CONTRACT SUMMARY
Contract with: Public Financial Manage. Contract#
Effective Date:
Expiration Date:
Contract Purpose/Description:
Provide financial planning,policy development.services related to debt transactions and
other financial services.
Contract Manager: Kevin Madok 4480 Administration
(Nanw) (Ext.) (Department/Stop#)
for BOCC SEft on 10-16-13 6neLaDeadline: 10-01-13
CONTRACT COSTS
Total Dollar Value of Contract:$ 2500.00 Currant Year Portion:$
monthly
Budgeted?Yes® No❑ Account Codes: 001 )0101_530340-
Grant:$
County Match:$
ADDITIONAL COSTS
Estimated Ongoing Costs:$`Jyr For.
of indudcd is Mar vahre above) (eff.maiateneace,utaidek'anitorial.salaries.etc.)
CONTRACT REVIBW
Changes Date Out
Date In Needed
Division Director °/ YesQ N *.,
Risk Management Yes[-]No
�� .. . .
O.M.B ing YesQ No® y
County Attorney '/ Yes❑No
Comments:
OUB Form Revised W10I Mcp#2
This renewal is made and entered into this day of October.2013 between Monroe
County.called the"County",and Public Financial Management,Inc.,called"Fiamdal
Advisor",in order to renew the agroement entered into on April 21,2004.
Wha=16 professional services such as those performed by Financial Advisor may be
actapted by the HOCC from competitive bidding under the Monroe County Purcbgsing
Policy Chapter 4,Section A.5 and 13;and
the current agreement has expired and Mowoe County desires to extend the
agreement until October 15,2014;and
Now,Therdwe In conelderatlon of the mutual terms.understandings,conditions.
Promises,covenants,gad payments haeinsfter set for the,County and Financial Adviw
agree as follows:
Section 1.Redtsis. The above recitals are true and correct and incorporated herein.
Section 2.Term. This agreement is hereby extended for the period beginning April 21,
2013 and shall expire on October 15,2014
Seed=3.Ned=L The County party shall zu&
For Monroe County
Roman Gastesi.County
1100 Simonton Strom,Suite 205
Key west,FL 33040
Sectim 4.FlnimcW AdvbWs RWmentntiveg,The following named individuals from
Financial Advisor's firm shalt provide the services set forth in this apmuent:
Mr David Moore,Managing Director
TEAM MEMBERS:
Sergio Mesvidal,Senior Managing Conant
Jay Glover.Senior Managing Consultant
Jeremy Niedfeldt,Senior Managing Consultant
C8WWR=0WWWIthPUWkRMMWXWWIMUW hip1
Seetlm&Odw CandWom All other camlitions of the Agreement shall remain in fill
force effect.
b Witm=Whemaf,the parties have:heueatato set their hands sod scal,the day and year
fast written above.
(Sod) Board of County CommWjonm
Attest Amy Heavilin,Clerkof Monroe Cmmly.
By:
y Cleuk Mayor
MONROE COUNTY ATTORNEY Public Financial
PAOVED A8 TO FOA Manageugent,�•
qA ' y � &,
A L .N f-W. CASML
COUNTY� ATTORNEY
Date' ANT By.
David M.Moore
loll
emaaaAmKwl wNb Pu61te Fte�od�l Wort hp 2
AN AGRRRMRRT BZTWRZX MOMWE COUNTY AND MUM FIFUMAL MANAGnU NP,
UM FOR 7VL4MXM ADVISORY SUVICNS
a/-_4td4y ofam, Z0K by and betvreen hl ores CouW,
6f=Waflw a"the"Catty mod Public F'i o�Mmagmm�h to do basins=In the StdoofFlogift
(horalmallor called the FiomcW Advisor or"PFbn sets berth the forma mad oondbiam undw which the Fiosociml
Adviser diall provide samicaL
`lS
VMMRP.AS,else County bawad s Request for Proposal Ow Fh=cW Advisory Services and PFM was adeated
by the Board of Canty Cogenbalocom and,
WMMEAS.PFM hms served the Cangr mloce 19K
VAMMEAS,Momoe Comaty has s MWW said.codbact amodly tier services,and:
WHSRMA MOMM Cormty has completed a.RFQ pmopm for Fbmdd Advisory Service and:
end too M MREAS o the County ae�d PFM h to anaad �do same scope of
NOW, THEREFORE, in cosddeodon of the above mmBoned promises and for the parpom of this
Agreement and fhe variorm coveam %conNou%terms and provisions,whkb follow:
I SCOPB OF SERVICES
PFM shall provdq upon request of the County Admhddm r or County Commission, services related to
financlaly mad rdated to debt The swAoes pmovided sbW
Include!�� �rR bye limbed to the following
I. CMlilllt:
• Assist the County bt the lbsmrdatioa OfPbMW cad Debt Policies and Admkistrative PrsoeduroL
• Review cfarent dd3t muchm[dmWog sauggis and waslmesamm of she m that Mmrr debt
Isavem Can be Muck d to mmdmin ability to Buono fiwn capkd nerds. 'Ibis wm hrcluft but mat
be!t Ito reviewing debt for to Pmsb-ity of Wbarm s that debt to provide the Coaoty
With• Amaly=flmue debt capmeihr to demnaim the Comity's dAlty to raise Artato debt
• Assist the Cmmty to the devebrpmsot of the Cotutty'a CqM Improvaoumt Program by Wgod ytog
Sa moss ofcmpbd tbeaag for Wastractumneeds.
• Aslld the Canty wkb dw doveiopmmt of the Cor Ws Fh meW Ph a by egaming=pjW ode,
di-, allametives
614��.developer conaeudwk
Pub F*cK � R� � i M*ksd as to
budgetary and&=W impact nsw of ar the
• Revrew the of �depmdmt and other p c&a tbas bft to
mama thmt smith y S>m old rim �g*a
SmneW P*f tlomm included fn those suamd all rekveet the
review of such mdepasrdamt studies:and wd m c and
rar:orrsmmdatioas nsgaediog asanosptlom�s, and coocholloul commined therein.
Peale I.
• Develop. mamge and=obtain Iat modeb fbr Ioag term apfW whkh pn for
bpoft levels of ad valorem valman growth rates by openninge
raw=
imml ��e item,timing,mug obo&and coat of debt immics,and project operating and apical
WAmmk selecud operating and debt ratio aN mbar flt =W puftnences meaames as my be
dateminsil by the CouoW
• Provide debt mvk=seboddes reflecting varying Murat ra mk bans Ask and mean'hy womm as
time are nacilad for OmsRft camrluets or forreldW CmmW,flan►phaoioog:sod
• Admed,mallow with staf!»cousubm and County Coate.Tire Commy will make a reasonable
effort toscbedale meetlegeand,camwiidate bmm,to mhrimirre the bwvd incoovmbeace to PFK
• Review underwriter's proposmis and submit a wrbtsawmbAofmmsodwCounW.
• Undeuie any md all mbar Ommwphaniog and polilcy darvelopmam ms% mwm made by the
Cmounty rota mftS adrelate adw find po and ft=W us, aA
lily and programs.
• Assist the Comity in propering flasocial premantations far public hoorinp=Vw r amulumL
• Provide fluancw service m..qussta by the Com w.
Z.
• A ftmncW and sommic faetoe to dommd s ifthe imume ofbonds is qpcpidL
• Me timing md Vnvlop a du''smudw oof cedes ofof b�to be leaned, wbkh would bsetude as to
•
private
phmemeos or a publiIc ula s eels.nb �the ddeemiouionof t bed
bid. In the evasd of a nepthad male, mft in the soKdu*% review and cmkwd= of any
inveshood buddog proposals,and provide advice mud lubmation neoesoey to aid In such seler* t.
• Advise m to die various financing altenutives avmlbbia to the ComW.
• Develop allsomatIm nhftd Is Debt Transaction inchdiog emdudion of revenues wWbbk matm*
• ► Joey bond boom and advise pw4aoms regarding security. reserve load. am of Surds.
Atek parity debt tot.etc;
• Evdmo berceflu of Had Insurance and/or seenity hopgucc for Debt Reserve Fund.
• Ifsspp%whft develop credit nft pmwAlbs and qmdbmft with do Comuy the ovmdl
totuftagxdm
• Assist the CMW In the Fa memem of odw:servloant relating to debt iawma such am
Paying Agek .dc.
• idem*Ivey bond cove m features and advise oa peovidorw Is,be ineloded in bond resohftm
1691111 g Nmfty.=Wm of reserve finds,flow of SrWs.reI tiorr provisionk adMonal
p,Ri�y
debt .eta.:review and commeN oa m ive of rraobdioce.
• Review,the nWh=wb and=bmit of resing apeft and ocher profealmis a
they pertain to die Cmsmty's OW*don.
Page 2
a Ravlew the fermi.coodidons and - -----ofmypmp=WdeNofbriogundwWmbydmCawAy
and p vMe sawatlawk moMicathms sad anhocameaft whM apprepnift and ascassary to railm
the aoasos- ts or cure, flusacialpollcyamillocoicapoNifty.
a Pt+eprne the juallushwy ad final official ddeuma and 000ndioate with dw Cos*dw
dbcloeare infbmsdon and p fmson ragardia;the Comity and the proposed fboa ft
PrOVION
of tax-exempt bead market conSloas sat advise dw County as to the maw
Issaing its debt.
• Advise dw County oo do condidw of do bond market at too dw of m ft buzbrding volume,timing
causiderstiON6 aonrpadag offeriogq,said Barad economic conddetaticas.
a Awlst and advise the Country is aegadations wide laftoneut ba ddag groups raprft fhae,pricing
of the bomb and Baal farms of any security ot3aloA and make in wdittmg dadniti e
ra;ommaadedoas nasal ft a proposed offwb& Provide assarsoce dot the pricing of the boodo is
do lowest price based on=bft market
If the bond ism is competitive, the services of the ffaimcfaladvimwMbemodifigdto mflM slat
PMCOSL
3.
PFM shall special services dW will include.batons be lia ked kh the fbBwft
1. Impsct Poe Baaaciat
Z.
3. Rafe mudysis
4. Mealsomentamblis
6. L40&1adve InkWIM
LL WORKSCIMULZ
The services ofdm Fi owW Advisor are to cwnamooe as soon as pwilulde after the mcmthm of
this Agleealent and a ragged by fha Coumt<y for arecb t mad dog be undermim ibr eseh fineneW
uwmctkm or with the ofpu:pose t�completed as to I M I m a time which i
ranwaL
Services which are not mlabod to a pa dcWw troamcdon slap be completed sa agreed between the
Canty and the financial Advlaar
11L MANCIALADVISOWCOMPMMATOR
For die services deacribo4"Wa Prohniomil Res and apsma sludl be paid ea folloim
t. For swvloes NIWW to Basncial phmoing and policy develepmast 71w County shalt p y PFM 32,500
moo ty for services.
Z For services related to Debt T*uocdon,Ondudteg Bonner but excluding nm men movary)PFM
receive $1.00 per$1,000 of debt howd with a.minimum otasuacdan Poe of =58000 per
trmascdoa Fora em�ng ice' PFWs he will be an additl=W S7,S00 per
ou 3. Far services fdkW 10 Special Services PFM shall receive sa partly rate as owlinad below.
Page 3
HOURLY RATE FEE
Muqft Maw $173.00
Scour ManagingCoandlad S160.00
Nicol ag ccsiushent s130.00
Consultant g130.00
Analyst $110.00
CIerlcal No clurp
Admialgradve No charge
In addition to the above,PFM will be compemated for sec smy,tea ble,and docomoted out-of.
pocket asgtame i>tasued ft travel,meek lodging as in the amounto salbodud by Section 112.06I s
Florida Statutes, blephone, mail, and ashes ordiouy cost and say acted mosoodlessy cod, 9n
and computer tram which am iaued by PFM. Appqxbw
docatousselon will be pwl"
For eecvices and aq mac colded to fismocial plowleS PFM will Invoke the County
For services related to Debt Thavoicklon the Cowry will be Invoked by PFM upon completion of the
to be paid Avm the proceed,of the
The C;mmry and the FHunclal Advisor rosary!the AA during the tarn of this AVIumat,to review
the method of compenastion.
IV. TERMS AND TERMMATION
This agreement Ad be for a team of one year wing npon the dde&st written
V. ABAGNAMILITY
Tits Advisor!full not asslgtt catered in this Agmeme nt or say of the work patowd
andertheAffoommtmddmUndtamftuybbmd In the wind the pion written camaot of the County.
VI. HMRMATION TO BE FURNISHED TO THE MANCLAL ADVI OR
1 hdWmstloa,dig,and a 11 m - In the pommeW of the Coady nocempy(a canybS out the wort to be
pirbooW adder this Apmnm shall be*nds tad to to Fhomcial Adviser wWmA chore by the County,and the
County da coopm to wish the FhmcW Advbar in every weal'passible.
VIL N
When either prty desims to on notice note the otber,It most be gives by written notice,sent by roSh-, d
United sedus mak with rats,, Ws mRumied,addntssed to the perry 9u whom it Is intended at the place hat
specified.and the place 9or givhig Holies In con4dissoo wMh the provisions of this pwmgvqk For the posed,the
patties designate the following as the mgmcdn places for ghdog notice,to..wit:
FOR MONRM COUNTY.
W.An Roberts
CounlyAdmialwasor
1100 Simonton Solver
Key Went.FL 33040
THIS EMAbEML
Mr.Hal Carry,Senior Consnlsaot
PublieFlusudd AMC.
10100DeerRuoFetus Rand,Sub201
Fait Myers,FL 33912
Page 4
VM TrMig TRANSFER
The products of this Ag=umd sbdl be the sole and cambuive property of the County q;xm oeuopletion or
other to rminndmo of this Agrammant. 7%Fbrmeitl Advisor doll dellim tro the Counlyupiesof say end MM mdWW
to the Agteema t
OL PINANCIAL ADVISOR'S REPREMSNTATIVIS
A. of Hammod Individuals
The foul wing aamted individuals 5om PPM doll proWded the mvh=at fath In this Agreement
W.David Miller.Managing Dhector
Mr.Rd Cater.S WA C m Client Manager
TEAM NWMERS
David Millar,bfmqft Director
Rd Canary.Soutar Managiag Consolmt,cuss Mmagar
Kelly Ryman,Consonant
Kyrlo Tubon.Corte
Cansulteat,Odsaft
Jay Glover,Consunant,Orlando
IL Cbuqp in Staff Reposted by the Coaoaty
The Cowly lm the rizu to cequuesf,for any rayon,PFM to replace anymember of tie advisory staff.Slmnld
the County mdw such a request,PFM dull promptly mUm a substitute Port approval by the County.
S. INSURANCZ AND INDE WNIFICATION
PFM shall iadmn*, save and bold the County handess boat any and all clahm, mim,jw*mmbs, or
damors of may Had or hrehmileg ostac costs and attosrtsy'a Rea making out of PFM's cuuM ogdapkm or
negl*m no in the paribrumm of this agr =a d
PFM has a aaaI I aasiva iasursace program( ) for all typos of covaqp kmhWb& bud ant
com Assalve general MMW.proibadood thbift, [Wffty and wood mr's compeandua.PFM
)M 71KANCW.ADVI90WS REPRISIMATIVES
PFM dwH provide all Insurance coverage as required by due County.
XIL MISCELIANZOUS
A. PFM ddl MWhUin all boom,records,and doammob directly patiaeat to pagnuman mrder this
Agreemnot In a000rdww wM sooep,bd pip h► Each party to is
th
A or their=&wind �h► slap have reasonable and d m dy aeons to arch roeeoeo I of odor
party to this Aipmm rd for public recorde purposes during the term of do Areearent and Ibr four yeas following the
terndnadm of this AgrecescaL
a. Governing Law,Va mok barpreistiao.Courts.and from This Ag musent shop be gevansed by and
corIesed is=Mdmm WMrho hm of the Stria of Florida applicable to coneraotsmeds and to be perforated armeely
In the State.
In the event that say cause of acdom or ademintsustive ymccaft is bodowd Por the enfornme r or
iWon of this Agrsemem,the County and PFM own that vasse will He In the aoil,eopt In-e court or the
app op hft administrative body In Momvo County,FkddL
Par
The Cou*Bad PFM qw dak In do orveutt of cog istarprosoloas of do team or a tens of
thh Agreement by or betwem Say of doer the lasts droll be submined to medi dan prior to da of nay other
adnhbbzdw or legal proceeding
C. Savarabillly. ff Bay terms,eovassat coci idoo or prwAdae of US Agreement(or the application
deawof to salty or pesmo andl be',dared b alW air to extent by a of aoorpooent
and g tettt4 ,condtdon ad pravidon of dds Shull be,aelld B l sot ll be sabr ,
JwWHedou,the musiluiag cov�easook c ad of M A
'ld ud shell be erufacable to
the fisilust mdeat pmmitped by law aaloss ttte suftacamout of the amaleft terms,cocoMM,comdidooa and lm vkkm
of this Ag autuast would pppevest the secomplidusaut of des bftd of dub AgreammiL The Corers Bud PFM
aVes to reform the Agmemem to replete my sMe1, pvvldoa wbb a valid peovMw that cumst Be close as pmdble W
lbobwatofthodrielompruvislao.
D. MOWS Fees Bad Costs. The Coumy and PFM egree dug In We event Bay rmnse of sedan at
admiabbohv proceeding IS hddded or definded by mladve to the aufavemout or bdwptetdion of Wit
Apmmeot,the prowdliog shall be anWkd to fees,oamt cats,invmdpdve,Bud cot-aIL
podmt m on MMA spind the sam ptevaillug party, and BW include BROWS lane, casts cosh,
Bad out-cf-pociM in appellate procoodogs. MadMos,I,-,P I gp hOMod Bad oasdaded
ptuauaat to dth Agreement shall be In accordsoee with We Rules of CPA Pracedme ater c
paoedurm required by the he cow of Monroe County.
E. -Bhmft Ellie The terms,covessou.candidoae,and pmvW m of this Ag nmeot ftU bind Bud
inure to due baaslit of die Canny PFM and t6eirreepective and asdpL
F. Au6xity. Each party repro Said warraab to do a6ar did the execution, dollmy Bad
palksmuce of dais Agresta urt have bean duly sudiorized by all Casty ad corporate ovdak a requited by
0 Claims hr Federal or Swe Aid PFM and Commy agree drat be,Bad b,empowered to
hr, auk Bad obtds lbdetel Bud sins bub to fim her the ;-poaa of dds Ag eemag pounded dust A
applicadavo,t'ep, I putproposala,Bad&aft soildoloas shall bomppoodbyawk pasty prior to .
IL 'A4=11cudoa of Mpukoa or Corers Bud PFM Was that all diqpuem Bud
dingroeman shag be apempted to bs resolved by mast gout'ooatisr nulams betweenzoluessomboofeachafte
partla. if a0 ryas coo 60 agreed upon widths 30 days aft the and Bad confer samba,due bm or
Wall be doomsed at a ptbUc mooft,of do Bond of CousW Coambol000rs. if due isame or hmm are mill not
rosohvd to the saWRecdon of the redo,thus Bay perW d all have&a 0&to sank such n1lof or remedy a mar be
provided by dth Asnemo ut or by Floddu low.
L CotmW and PFM agree dot Werra will be no dismimimdoo agahm Spar p ma
Bad k IS dtBt upon a deftmimilim by a coast of campoest jwbftdm do fterimImMan bSB
oocm4 this Agresmem oodoaodeally tetmimtes wMout my Andes action as the part of my pally,efhdlve due date
of due ooutt order. Conly or FM agree to comply wit all Federal Bad Florida moms,and all lard=fimasM n
IfFlICBMA 101103 to nondiearirslostla1 TIM h alude but arc sot limited tee 1)Tide VI of do Clve Rigbea Act of
1964 (PL S2)which prabibim dLsurimimtbo an den bads of nos,color or aadood 2)Tide IX of*a
F.docsdon Amooduzzat of 1972,as armndad(M USC aL 1681-16M Bud 1 ' ' 1686),whldu poldblb amboloatbn
on dte bash of sear.3)Sedbn 504 of ft Rabd9todas,Act of 1973,aS amrsded CM USC L 794),which pr OWN
dbubli"M as due bash of haodkCM11s;4)The AV DbwbbWm Art of 1975,as somaded(42 USC as.6101.6107)
whbh paI N 9a1o>1ms11os ao do bade of SM 3)Thu Drag Abase cad Act of 1942(M 92-25n
ON amended.tefadng m Madburboloodan=do bads of dvg abets:6)Thu Coispohmalve Alcohol Abuse Bud
Aboolhm Pieveraloo, Tmalmost Bad Admbilitadon Act of 1970 (PL 91-616). as ,ed, reb ft to
as the bash of alcohol abuse or 7)The Public Heahh Service Act of 1912,So.523 Bad
327 042 USC as.690dd.3 and 290aa3).sa amended,reh ft to con8dsoda ly of alcohol and dragabwepowncooft
1)TWO V111 of the Civil RWO Act of 19U(42 UM L at per),AS amended,robdmg to If fill bdion in do sa*
enci s on due barb 9) to withAct of 1990(42 USC L 1201 Nob),ameybe
amended f
ofdiabHiq,10) Amy 'bar
providoes is nay Federal or mats statutes which may apply to due . tq,ar the subject mmw of;dub Agp=mmL
P 6
J. Coopagdoo, in the event any admbdxmdw or legal proceeding is imtltutod against ehher party
rdamg to the fmmadon,execution.perfoemence,or broad of ilia Ageeemen4 County and PFM as=to participate,to
party,in all peoeeediasit a� nd Processes,nage,a oiler activities toldw to
diesubstemme of thb Apnmm,or prrovisias of the services under ibis Agazmcft County aml PFM spoeill alter apn
that no party to this Agreement shall be required to enter into say arbitration proceedloga related to this Avaoamm
IC Covenant of No Interest. Comay and PFM covenant drat netdrer has any
not acquire mW interest,which would cou ict to any mamas or whh its l under this Agreement,and
that only brterest of each is to;, I ntandroceivabonaftses reamed to this Ammement.
L. Code of Efts. County Opreas thus offters and employees of der County recoviza and will be
rogrdned to comply with do stasdards of coodod for public offim,and employees as delloemed to Sectim 112313,
Florida Ste,regerdleg: but at limited for soh dadon or soceplanco of zft doing bustneas with one's ag=W.
rmanthorlxed cotapecendoa; misuse of public position, coullicting employment or contractual rebe=ahip; and
dbdau m oruse ofcertdn Infivraillm
K No SoGeifatl � MW County and PFM warnat to rasped to bell; it has maw
employed nor roubW say company or peraoqodor than a bona tide amployee working aolellr for it,to solick or
cease this Agremmm and lira it has not Paid or qrsed to pay,my per,company,corporation,hidividual,or Es4
other than a bons No employeevorkft solely for%my 2%cummisdm,pmmnft4pi gK or other comildersdon
on,
ft aven dut do County shall - the ri I violation d its db of the provisidion,
rxondagera tiveseh or Am thus or of ills For doorto PlrM ftm monies owed, or otherwin recover, the bill ammmt of each fee. comma, A or
consideration.
N. Publk Access. 'The County and PFM ebell allow and permit reasonable access to,and impecdon of;
all documov% -_ lowers or other materWs inks posioutoa or mndw its con I subject to tins provblom of
119, made or,,wdv by the County and FM in will this Agtemeeot; and the
County zW have therWato ' cancel thisAgmematupon vicladan oftbis pwvW=l byPFK
O. Non-Wahw of immmrityr. NdwilludandisS Ira provision of Sec. 2KL23. Flame Statutes. the
puddpadcove �i the��FEM in or local � liability m co Apeemed and the acquisition of�e shall not be d a wWvw
of b mutt►to the=*ot of Sabgity covmgn nor";my ooatract catered into by the Comft be required to contain
my provision for wahat.
P. Priviteg and imomrmhles. All of the privileges and im mumitks tiers liability,Oxemptions Om laws,
and nrtes and pension and r+alie>;disablllty,wmloaess' and other becaft which to the
activityof officars,ageras,or employees of my Public agds or,amp of the County,whoa performing ilea
respecd
c �parfc om,of such faudos and dW=of each oM, vasasq,volmdn%or employm ousWe the
terrhorm Ilmit:of Ile County.
Q LAW ObNgpions and lbWes: NonZalegstion of Caastiftdond or Statutory Duties. 'this
Agrnment Is not to,nor shall hire construed era,re>ievlog say participating ea tlr f=my obHgption or
reepoesibility — won an*a whirb ass the by law esacept to rho expert of ae�l and timely thereof by my
Pardelpewng performance rmy be tuned in saififiction,of the cbiigts n or
Farther.lids Agteermat is cot lotmded for oor almil h be oonsaued ere, I I the delegation of the comtimtiond or
duties of the Comity,except to the exte m permitted by the Floriduu radon,state and case law.
R Nan-Patience by No*ftdes. No parson or softy diall be emitted to rely upon the mM or my of
them,of this Agreement to oaft=or to mafbeee my claw or eaddemett to at beneft of any swWoe
or and tba County and the FFM agree that neither the County nor the PFM or my
agent.OMWW,or employes of cI&W shall lawn eve odbority to'a6 sound or WANVAN bdkate that say particular
Of NOW of indtvidmk emhy err aaI'll have Soddecessis or beneft ttndsr tlb Avesmact sapmos and
VIM inferior to.or supariorto flea commumhy in Sumal or for tie purposes commpbbd in this Apreement
L Attestations. PFM #Vm to exonde snob dommerrts as do Comay may reasonably require~ to
ioclude s Publk Entity Crime Staten at,so Statement,vndaDrqS-Fk=W=jq6oqSw=gmL
Pap 7
T. No Personal Liability. No ewisant or agAeeusant ooahioe'basin short be deemed to be a
or as of any member,of lm went or employee of Mow=County in his or her no
mambati of&w,agestar layte ofMoaree County dM be liable pwwwHy on ft Agencent or be mWed to ony
pound liability or by moron of the mrocaflon of this Aghmmaot
In Couoarpeft This ftnemed may be exwand in my number of aonatatpana,o5ch of
which shall be raga dod n w origind,all of which ad= l cmudwe we and the sem insntma t sed=W
of the perft hereto may execon this Agreement by slaft=W such covstupwL
A V. Section HmdbW
oft-6 ee only,and fib Section beod�hove been in this Agmemeat as a matter of coovmdahoe
�of any tam ofthis wch eecdon hone not a part ad'this gtoemant will not be e
in th
IN WITNESS TTERHOF,the County and Fbancld AdW=y lave executed this Agreement ov of die day and
year borein above written.
Attach(SEAL) BOARD
L KOLHAG6,Gait OF i NROS COUNTY,FLORIDA ES
By �" BY
k ,, e,
Cleric .
tow/
W"iLpw f
W IM21"
(+M a.,wrt�nsripr P L.IC FINAN ,
•
BY: BY:
Tide ; uQ + " -. Title 4; or
ENO5—/D-ON•
jcoaPFM
o+ Mp�R�E G�p� �►.
o M
Pane a
LOBBYING AND CO CT OF RITZ=CLAUU
SWORN STAMMINT UNDIES ORDINANCZ NO.t110-
ONROE COUNTY,nORMA
ETHICS CLAUSE
Al. warrantathat heAthas not employed,rotained
or otherwise had act on hisrts b6alf any former County officer or employee in violation.of
Section 2 of Ordinance No. 10-1 M or any County officer or employee in violation of
Section 3 of Ordinance No. 10-1 . For breach or violation of Wa provision the County
may,in its discretion,ternninate this contract without liability and may also,in its discretion,
deduct 8rom the contract or purobase price,or odowim recover,the till amount of say fee,
commission,pacaftA gift,or consideration paid to the former Coy6ly,officer prowim
( wee
STATE OF Florida
COUNTY OF Lea
PERSONALLY APPEARED BEFORE MB,the undersigned authority,
gal V. Canary who,after&at being awom by me,affixed hielbw
signature(nm=of individual signing)in the space provided above on this 19t day of
June ,2p 04
g
NOTARY PUBLIC —�—
My commission n-VE
� a
OMB-MC!FORM 04 a„q, �M
§W2 MNTM( RIM
"A person or affiliate who has been p1med on the convicted vendor list
following a conviction for public entity crime may not submit a bid on a
ccnftd to provide soy goods or services to a public entity.may not submit
a bid on a contract with apublic entity for the construction or repok of a
public building or public work,my not submit bids on leases of real
property to public entity,may not be awarded or perform work as a
contractor,supplier,subcontractor,or consultant under a contract with my
public entity,and may not tranuct buakess with any public entity in excess
of the threshold amount provided is Section 287.017,for CATEGORY
TWO for a period of 36 months from the date of being placed on the
convicted vendor list."
Contract Renewal
This renewal is made and entered into this 16`h day of March,2005 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 an additional year.
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 one year from the
date of expiration of the current agreement.
Section 3. Notices.The County party shall read:
For Monroe County
Thomas J. Willi, County Administrator
1100 Simonton Street
Key West, FL 33040
Section 4. Financial Advisor's Representatives.The following named
individuals from Financial Advisor's shall provide the services set forth in
this agreement:
Mr. Hal Canary, Managing Director
Mr. David Miller, Managing Director
Mr. David Moore. Managing Director
TEAM MEMBERS
I lal Canary. Managing Director
David Miller, Managing Director
David Moore, Managing Director
Kelly Ryman, Senior Managing Consultant
Jay Glover, Senior Managing Consultant
Lauren Shelton,Consultant
Section S. Other Conditions. All other conditions ul'thc Agreement
shall remain in full force effect.
In Witness Whereof, the parties have hereunto set their hands and
scat, the day and year first written above.
(Seal)
Attest Danny t.. Kolhagc,C'Ierk Board of County Commissioner%
Of Monroe County, Florida
f
By
iGt
nePulyCiz-; Mayor, 1AX ImE..
_rt sPEHA
Public Financial Management
By:
Title
llt7i�rf�.,c , ;u,1 ATTOR14c-
0VE0 AS 7 M.
S 4ANINE ATv a,TT ONfi
ES
�'w• __— _ `/06/Gr --
Contract Renewal
This renewal is made and entered into this 1511' day of March, 2006 between
Monroe County called file"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 an additional year.
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 one year from the
date ofexpiration ofthe current agreement.
Section 3. Notices.The County party shalt read:
For Monroe County
Thomas J. Willi, County Administrator
1100 Simonton Street
Key West, Fl..33040
Section 4. Financial Advisor's Representatives. Flee f plowing named
individuals from Financial Advisor's shall provide the service. set forth ill
this agreement:
Mr. Ilal Canary, Managing Director
Mr, David Miller, Managing Director
Mr. David Moore, Managing Director
TFAM MEMBERS
11111 Canary. M.lnagnlg Direcim"
David Miller, Managing Director
David Moore, Managing Director
Kelly Ryman, Senior Managing Consultant
Jay Glover, Senior Managing Consu ltant
Lauren Shelton, Consultant
Section 5. Other Conditions. All other conditions of the Agreement
~hall remain in full force effect.
In Witness Whereof, the parties have hereunto set their hands and
seal, the day and year first written above.
fSeal)
Attest fanny 1_ Kolhigc,Cleik Board ol'County Commismoncrs
01 Monme County, Florida
BY .. ..... . . ............
11apuiy(Irrk Mayor
Public: Financial Management
fly.
I die_
,JN I v ArTORNE
OVED as a s wo
'ZAN lip % UTT N
Contract Renewal
This renewal is made and entered into this 21"day of April,2007 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 an additional year.
No%,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 one year from the
date of expiration of the current agreement.
Section 3. Notices. The County party shall read:
For Monroe County
Thomas J. Willi, County Administrator
1100 Simonton Street
Key West,FL 33040
Section 4. Financial Advisor's Representatives. The following named
individuals from Financial Advisor's shall provide the services set forth in
this agreement:
Mr. Hal Canary, Managing Director
Mr. David Miller, Managing Director
Mr. David Moore, Managing Director
TEAM MEMBERS
Hal Canary, Managing Director
David Miller, Managing Director
David Moore, Managing Director
Kelly Ryman, Senior Managing Consultant
Jay Glover, Senior Managing Consultant
Lauren Shelton,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 written above.
(Seal)
Attest Danny L. Kolhagc, Clerk Board of County Commissioners
of Monroe County, Florida
By
j�'u
Deputy Clerk �,..zp_U 7 Mayor'........... dm,.,,.,,...� ............�
Public Financial Management, Inc.
r
0
By: � -�
Title: f a( (6
MONROE COUNTY ATTORNEY
PROVED AS TO ,
N I ILEENE W CASSEL
ASSISTANT OUNTY ATTORNEY
ate d7
Contract Renewal
This renewal is made and entered into this 2 1"day of April,2008 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 an additional year.
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 one year from the
date of expiration of the current agreement.
Section 3.Notices. The County party shall read:
For Monroe County
Roman Gastesi,County Administrator
I 100 Simonton Street
Key West, FL 33040
Sections 4. Financial Advisor's Re resentatives. The following named
individuals from Financial Advisor's firm shall provide the services set forth
in this agreement:
Mr. Hal Canary, Managing Director
Mr. David Moore, Managing Director
TEAM MEMBERS:
Sergio Masvidal,Senior Managing Consultant
Jay Glover, Senior Managing Consultant
Russell Edghill,Consultant
Jeremy Niedfeldt, 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 written above.
(Seal)
Attest Danny L. Kolhage, Cleric Board of County Commissioners
of Monroe County,Florida
BY
Deputy Clerk Mayor
Public Financial Management, Inc.
By, �l ���� JCL La 4�
Hal W. Canary
Title:_ Managing Director
140�1R�,�: r01ATY.�1TQii
f fG
fllIL/er_
^k
Contract Renewal
This renewal is made and entered into this 10 day of April, 2009 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.'Perm. 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. Hal Canary,Managing Director
Mr. David Moore, Managing Director
TEAM MEMBERS:
Sergio Masvidal,Senior Managing Consultant
Jay Glover, Senior Managing Consultant
Russell Edghill,Consultant
Jeremy Niedfeldt,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 written above.
(Seal)
Attest Danny L.Kolhage,Clerk Board of County Commissioners
of Monroe County, Florida
By S
Deputy derk Mayor
Public Financial Management,Inc.
By: "• G1,4
al W. CanaryZT
.�- Title: Managing.Director
a l°' 't Renew ill
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. t
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.
t
r
Section 2.Term.This agreement is hereby extended for two years from the date of '
expiration of the current agreement. '
Section 3.Plotic The County party shall read:
For Monroe County
Roman Gastesi,County Administrator
l 100 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 t
Ja my Niedfeldt,Senior Managing Consultant
Section S.Other Conditions.All other conditions of the Agreement shall remain in full
force effect. }
1
t
1 ;
r
In Witness Whemf,the parties have hereunto set their hands and seal,the day and year '
5rst Bove.
w
Attest Darqjr,i olhage,Clerk Board of County Commissioners
of Monroe County,Florida
r
By:
Deputy Clerk Mayor
V--
Public Financial Management,Inc.
Al gig AS�77 By:
David M.Moore
/ Titl
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