HomeMy Public PortalAbout2014.036 (02-18-14)RESOLUTION NO. 2014.036
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD
AUTHORIZING THE MAYOR TO EXECUTE AN AMENDMENT TO THE AGREEMENT
BETWEEN THE CITY OF LYNWOOD AND BARTEL ASSOCIATES, LLC TO
INCLUDE PEMHCA IMPLIED SUBSIDY REQUIREMENTS INTO THE ACTUARIAL
VALUATION REPORT, INCREASE THE NOT -TO- EXCEED FEE FROM $19,000 TO
$21,000 AND EXTEND THE TERM OF THE CONTRACT TO JUNE 30, 2014
WHEREAS, on April 2, 2013, the City Council approved an agreement with
Bartel Associates, LLC to perform the actuarial valuation to determine the City's
obligations and costs for its post - employment benefits; and
WHEREAS, the total payment pursuant to the existing agreement is not to
exceed $19,000; and
WHEREAS, the revised procedures require additional work; and
WHEREAS, the City desires to extend the contract to June 30, 2014; and
WHEREAS, the consultant's fee requires an additional amount of $2,000, the
total revised fee is $21,000; and
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES
HEREBY RESOLVE, DECLARE, DETERMINE AND ORDER AS FOLLOWS:
Section 1. The City Council authorizes the Mayor to execute an amendment to
the Agreement between Bartel Associates LLC and the City of Lynwood for the
consultant to perform the actuarial valuation for the periods ended June 30, 2013 and
June 30, 2014.
Section 2. The amendment to the Agreement shall be in a form approved by the
City Attorney. The total payment to the consultant shall not exceed $21,000 and the
term of the contract is extended to June 30, 2014.
Section 3. This Resolution shall become effective immediately upon its adoption.
PASSED, APPROVED and ADOPTED this 18th day of February, 2014.
J
Aide Castro, Mayor
ATTEST:
171, 0% Am WEER,
APPROVED AS TO FORM:
David A. Garcia, City Attorney
APPROVED AS70•CONTENT
Sarah M. . i e ,City Managei
Cheisty.Valencia, ,
Finance Manager
STATE OF CALIFORNIA )
) SS.
COUNTY OF LOS ANGELES )
I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the
foregoing Resolution was passed and adopted by the City Council of the City of
Lynwood at a regular meeting held on the 18th day of February, 2014.
AYES: COUNCIL MEMBERS ALATORRE, SANTILLAN -SEAS, SOLACHE,
HERNANDEZ AND CASTRO
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
aria Quinonez, City Clerk
STATE OF CALIFORNIA )
) SS.
COUNTY OF LOS ANGELES )
I, the undersigned, City Clerk of the City of Lynwood, and the Clerk of the City
Council of said City, do hereby certify that the above foregoing is a full, true and correct
copy of Resolution No. 2014.036 on file in my office and that said Resolution was
adopted on the date and by the vote therein stated. Dated this 18th day of February,'
2014.
Maria Clerk/