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Finance and Personnel Committee

March 2, 2026 ·5:30 PM Final ·Special Meeting

City Hall, Second Floor

Agenda — 7 items

  1. 1 The following represents, in general, the chronological order of proceedings at the City Council/Committee Meetings: Call to Order, Invocation, Pledge of Allegiance, Public Speaking and City Council/Committee Agendas. Meeting will be live streamed on Channel 17 and via this link: https://rockfordil.legistar.com/Calendar.aspx.
  2. I. CALL TO ORDER ▶ jump to 29:24
  3. II. RESOLUTIONS
  4. 1. Award of RFP: Actuarial Services to Nyhart Company, of Indianapolis, Indiana for a contract amount of $14,200.00 year 1, $14,600.00 year 2, $15,000.00 year 3, $15,400.00 year 4. The contract duration is one (1) year with three (3) one-year extensions. The funding source is the Finance Department Operating Budget. 26-00224 ▶ jump to 29:45
  5. 2. Award of RFP: Investment Management Services to PFM Asset Management, of Chicago, Illinois in the estimated annual amount of $69,500.00. The contract duration is three (3) years with two (2) one-year extensions, with the ability to terminate for convenience by either party at any time. The funding source is the Finance Department Operating Budget. 26-00226 ▶ jump to 30:12
  6. III. ADJOURNMENT
  7. 7 THE CITY OF ROCKFORD INTENDS TO COMPLY WITH THE INTENT AND SPIRIT OF THE AMERICANS WITH DISABILITIES ACT. IF A SIGN LANGUAGE INTERPRETER, PERSONAL P.A. SYSTEM, OR OTHER SPECIAL ACCOMMODATIONS ARE NEEDED, PLEASE CALL THE LEGAL DEPARTMENT AT (779) 348-7391 AT LEAST 48 HOURS IN ADVANCE, SO WE CAN BE PREPARED TO ASSIST YOU.