HomeMy WebLinkAboutResolution No. 2023-13 - Municipal Advisor-KFL editsRESOLUTION NO.2023-13
A RESOLUTION OF THE PASCO PUBLIC FACILITIES DISTRICT
BOARD APPROVING THE POSTING OF THE MUNICIPAL FINANCIAL
ADVISOR SERVICES FOR THE ISSUANCE OF SECURITIES REQUEST FOR
QUALIFICATIONS, ON NOVEMBER 26, 2023, SELECTION,
NEGOTIATION, AND FURTHER AUTHORIZE THE PPFD EXECUTIVE
DIRECTOR TO EXECUTE THE CONTRACT DOCUMENTS.
WHEREAS, the Pasco Public Facilities District (PPFD) was duly formed pursuant to
Chapter 35.57 of the Revised Code of Washington on July 15, 2002, by the adoption of City of
Pasco Ordinance No. 3558, and granted all powers provided by law pursuant to RCW 35.57.010;
and
WHEREAS, the PPFD Board approved Resolution No. 2023-01, creating the process for
the procurement of Service Provider Agreements in accordance with RCW 35.57.070 and based
on the procedures finds that it is appropriate to solicit for requests for qualifications for a Municipal
Financial Advisor; and
WHEREAS, the PPFD is in need of underwriter or placement agent services to assist in
the issuance of securities (aka "bonding); and
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE PASCO PUBLIC FACILITIES DISTRICT as follows:
Section 1. That the Pasco Public Facilities District Board of Directors does hereby
approve the solicitation of Municipal Financial Advisor services for the Issuance of Securities
Request for Qualifications; and
Section 2. That the Pasco Public Facilities District Board of Directors does hereby
approve that the PPFD Executive Director will publish notice, prepare criteria, receive and
evaluate proposals for conformity with submission requirements, and assuming selection of a
preferred service provider, negotiate with respondent(s) under the requirements of the Service
Provider Agreements process established by Resolution No. 2023-01; and sign and execute a
Professional Services Agreement with the preferred service provider on behalf of the PPFD Board;
to make minor substantive changes as necessary to execute the Agreement; to report back to the
PPFD Board progress and success of executing the agreement; and
Section 3. That this Resolution shall take effect immediately.
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PASSED by the Pasco Public Facilities District Board of Directors, of Pasco, Washington,
this 21 st day of November, 2023.
PASCO PUBLIC FACILITIES DISTRICT
Ma Morrissett Board President
ATTEST:
APPROVED AS TO FORM:
t '?
Caroline Bowdish, Secretary/Treasurer Kerr guson Law, P L L C
Pasco Public Facilities District Attorney for PPFD
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