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HomeMy WebLinkAbout2000-01-18; City Council; Resolution 2000-22w 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 RESOLUTION NO. 2000-22 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, AUTHORIZING THE MAYOR TO EXECUTE A CONTRACT WITH FIELDMAN, ROLAPP AND ASSOCIATES TO PROVIDE FINANCIAL ADVISORY SERVICES TO THE CITY IN THE FINANCING OF THE CARLSBAD MUNICIPAL GOLF COURSE WHEREAS, the City of Carlsbad has been diligently pursuing the construction of a municipal golf course to serve the recreational needs of the citizens of Carlsbad; and WHEREAS, the City of Carlsbad may elect to issue debt to provide the financial resources necessary to fund the construction of a municipal golf course and may need to seek the advice of a financial consulting firm with experience in golf course funding; and WHEREAS, on October 22, 1996, the City Council appointed Fieldman, Rolapp and Associates to act as the advisor on the financing plan for a municipal golf course; and WHEREAS, Fieldman Rolapp was selected after reviewing proposals from three different firms based on their experience in this area; and WHEREAS, the project was on hold for several years due to environmental issues and the contract with Fieldman Rolapp has expired; and WHEREAS, staff recommends reentering into a contract with Fieldman and Rolapp due to their familiarity with the project and their experience in the field. Ill Ill Ill 28 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 1 0 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad, California, as follows: 1. That the above recitations are true and correct. 2. That the Mayor is hereby authorized to execute the agreement with the firm of Fieldman Rolapp and Associates for financial advisory services on the Carlsbad municipal golf course. PASSED, APPROVED, AND ADOPTED at a regular meeting of th Carlsbad City Council held on the 18th day of January , 2000, by th following vote, to wit: Ayes: Council Members Lewis, Hall, Finnila, Nygaard and Kul Noes: None Absent: None ATTEST: (SEAL) LORRAINE M. WOOD, City Clerk