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Recommended Action: It is recommended that the City Council authorize the City Manager to enter into an agreement with NBS Government Finance Group (NBS) in an amount of $25,000, to provide professional services related to the Community Facilities District (CFD) 2005-1 (Belgate Development Restructuring) Special Tax, Series 2014 Bond Refunding. As this agreement is solely related to the refinancing of a debt issue, if approved, the agreement would be separate from other existing agreements with NBS totaling $200,000 for ongoing services related to CFD formation, assessment district administration, and annexation services, for CFD 2005-1, CFD 2021-1, CFD 2022-1, and CFD 2023-1.

Resolution Consent Calendar Introduced September 9, 2024
Committee
City Council
Requested by
Finance Department
Introduced
September 9, 2024
On agenda
September 17, 2024

Where it was heard

City Council Sep 17, 2024