HomeMy WebLinkAboutReso 2023-143
RESOLUTION NO. 2023-143
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA APPROVING A CONSULTANT SERVICES
AGREEMENT TO PROVIDE BOND COUNSEL AND BOND
DISCLOSURE SERVICES BETWEEN THE CITY AND
STRADLING YOCCA CARLSON & RAUTH
WHEREAS, the Chula Vista Municipal Financing Authority Special Tax Revenue
Refunding Bonds, Series 2013, were issued to finance the purchase of five series of special tax
refunding bonds, each issued by a community facilities district of the City, and are now considered
to be candidates for a refunding; and
WHEREAS, the ity requires independent bond counsel and bond
disclosure services to be performed in connection with refunding of the Chula Vista Municipal
Financing Authority Special Tax Revenue Refunding Bonds, Series 2013; and
WHEREAS, in accordance with Chula Vista Municipal Code Section
2.56.110(A)(1), staff has determined that Stradling Yocca Carlson & Rauth has the demonstrated
competence and qualifications for the services required, including their knowledge and experience
has also determined that their fees are fair and reasonable; and
WHEREAS, the Purchasing Agent has determined that pursuant to CVMC Section
2.56.110(H)(2 impractical and that s
would be materially better served by applying a different purchasing procedure; and
WHEREAS, staff recommends that the City enter into an agreement with Stradling Yocca
Carlson & Rauth to provide necessary bond counsel and bond disclosure services for the refunding
of the Chula Vista Municipal Financing Authority Special Tax Revenue Refunding Bonds, Series
2013; and
WHEREAS, Stradling Yocca Carlson & Rauth warrants and represents that it is
experienced and staffed in a manner such that it can deliver the services required to City in
accordance with the time frames and the terms and conditions of the Consultant Services Agreement.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista,
that it approves the Consultant Services Agreement for Bond Counsel and Bond Disclosure
Services, between the City and Stradling Yocca Carlson & Rauth, in the form presented, with such
minor modifications as may be required or approved by the City Attorney, a copy of which shall
be kept on file in the Office of the City Clerk, and authorizes and directs the Mayor to execute same.
Resolution No. 2023-143
Page No. 2
Presented by Approved as to form by
Sarah Schoen Jill D.S. Maland
Director of Finance/Treasurer Lounsbery Ferguson Altona & Peak
Acting City Attorney
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 19th day of September 2023 by the following vote:
AYES: Councilmembers: Cardenas, Chavez, Gonzalez, and Preciado
NAYS: Councilmembers: None
ABSENT: Councilmembers: None
ABSTAIN: Councilmembers: McCann
John McCann, Mayor
ATTEST:
Kerry K. Bigelow, MMC, City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Kerry K. Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing
Resolution No. 2023-143 was duly passed, approved, and adopted by the City Council at a regular
meeting of the Chula Vista City Council held on the 19th day of September 2023.
Executed this 19th day of September 2023.
Kerry K. Bigelow, MMC, City Clerk