HomeMy WebLinkAboutReso 2025-082 RESOLUTION NO. 2025-082
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA APPROVING CONSULTANT SERVICES
AGREEMENT BETWEEN THE CITY AND STRADLING
YOCCA CARLSON & RAUTH, LLP TO PROVIDE BOND
COUNSEL AND DISCLOSURE SERVICES
WHEREAS, the Chula Vista Municipal Financing Authority Special Tax Revenue
Refunding Bonds, Series 2015A, were issued to finance the purchase of four series of special tax
refunding bonds, each issued by a community facilities district (“CFD”) of the City; and
WHEREAS, the Chula Vista Municipal Financing Authority Special Tax Revenue
Refunding Bonds, Series 2015B, were issued to finance the purchase of one reassessment district
and four series of special tax refunding bonds, and
WHEREAS, all four series of special tax refunding bonds financed under Series 2015A
and two series of special tax refunding bonds financed under Series 2015B are now considered
good candidates for a refunding; and
WHEREAS, the City requires independent bond counsel and bond disclosure services to
be performed in connection with the refunding of the Chula Vista Municipal Financing Authority
Special Tax Revenue Refunding Bonds, Series 2015A, and partial refunding of the Chula Vista
Municipal Financing Authority Special Tax Revenue Refunding Bonds Series 2015B; and
WHEREAS, in accordance with Municipal Code Section 2.56.110(A)(1), staff has
determined that Consultant has the demonstrated competence and qualifications for the services
required, including Consultant’s knowledge and experience with the City’s bond financings, and
that Consultant’s fees are fair and reasonable; and
WHEREAS, in accordance with Municipal Code Section 2.56.110(A)(3), the City Council
waives the City’s competitive bidding process as the Purchasing agent has determined pursuant to
Municipal Code Section 2.56.110(H)(2), the City’s competitive bidding process would be
impractical and that the City’s interests would be materially better served by applying a different
purchasing procedure; and
WHEREAS, staff recommends that the City contract with Stradling Yocca Carlson &
Rauth, LLP, 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
2015A and partial refunding of the Chula Vista Municipal Financing Authority Special Tax
Revenue Refunding Bonds Series 2015B; and
WHEREAS, Consultant warrants and represents that it is experienced and staffed in a
manner such that it can deliver the services required of Consultant to City in accordance with the
time frames and the terms and conditions of this Agreement.
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Resolution No. 2025-082
Page No. 2
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista,
that it approves the Consultant Services Agreement, between the City and Stradling Yocca Carlson
& Rauth, LLP, 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.
Presented by Approved as to form by
Sarah Schoen Marco A. Verdugo
Director of Finance/Treasurer City Attorney
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 3rd day of June 2025 by the following vote:
AYES: Councilmembers: Chavez, Fernandez, Inzunza, Preciado, and McCann
NAYS: Councilmembers: None
ABSENT: Councilmembers: None
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. 2025-082 was duly passed, approved, and adopted by the City Council at a regular
meeting of the Chula Vista City Council held on the 3rd day of June 2025.
Executed this 3rd day of June 2025.
Kerry K. Bigelow, MMC, City Clerk
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