Title:
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RESOLUTION - CONTRACT EXTENSION - FIFTH AMENDMENT TO PROFESSIONAL SERVICES AGREEMENT 008687 WITH PFM ASSET MANAGEMENT, LLC FOR INVESTMENT ADVISORY SERVICES
RECOMMENDATION: It is recommended by the Chief Financial Officer that the Council, by resolution, authorize a waiver of competitive bidding and approve a fifth amendment to Contract Number 008687 - Investment Advisory Services, with PFM Asset Management LLC, San Francisco, California, extending the term of the contract for one additional year from October 9, 2017 to October 8, 2018, with fees, based on assets managed, not to exceed $215,000 for the one-year extension.
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