Legislation Details

File #: 25-237    Version: 1 Name:
Type: Action Item Status: In Committee
File created: 5/19/2025 In control: City Council
On agenda: 5/28/2025 Final action: 5/28/2025
Title: PRELIMINARY CONSIDERATION TO AUTHORIZE SELECTION OF SHUSTER ADVISORY GROUP, LLC. TO SERVE AS THE CITY'S FIDUCIARY CONSULTANT PURSUANT TO STATE GOVERNMENT CODE SECTION ?53600.3 REQUIREMENTS, AND TO FINALIZE ALL NECESSARY PROFESSIONAL SERVICES AGREEMENTS FOR FINANCIAL MANAGEMENT OVERSIGHT SERVICES OF THE CITY'S: (1) DEFERRED COMPENSATION PLANS; (2) SECTION 115 TRUST; AND (3) CASH INVESTMENT ACCOUNTS

PREPARED BY: ARTURO CASTILLO                                          DATE OF MEETING: 05/28/2025 

SUBJECT:                     

TITLE

PRELIMINARY CONSIDERATION TO AUTHORIZE SELECTION OF SHUSTER ADVISORY GROUP, LLC. TO SERVE AS THE CITY’S FIDUCIARY   CONSULTANT PURSUANT TO STATE GOVERNMENT CODE SECTION §53600.3 REQUIREMENTS, AND TO FINALIZE ALL NECESSARY PROFESSIONAL SERVICES AGREEMENTS FOR FINANCIAL MANAGEMENT OVERSIGHT SERVICES OF THE CITY’S:  (1) DEFERRED COMPENSATION PLANS; (2) SECTION 115 TRUST; AND (3) CASH INVESTMENT ACCOUNTS

 

Label

CITY MANAGER RECOMMENDATION

Recommendation

Receive presentation; proceed with recommendation for formal approval and consideration to the City Council.