HomeMy Public PortalAbout2016.039 (02-16-16)RESOLUTION NO. 2016.039
A RESOLUTION OF THE CITY COUNCIL, OF THE CITY OF LYNWOOD.
AUTHORIZING THE MAYOR TO EXECUTE AN AGREEMENT BETWEEN THE
CITY OF LYNWOOD AND BARTEL ASSOCIATES LLC
WHEREAS, the City of Lynwood has utilized the services of Bartel
Associates LLC since 2009 to perform the actuarial valuation to determine the
City's obligations and costs for its post - employment benefits; and
WHEREAS, Governmental Accounting Standards Board (GASB)
Statement No., 45 — Accounting and Financial Reporting by Employers for
Postemployment Benefits Other Than Pensions requires the City of Lynwood to
determine the City's obligations and costs for its post - employment benefits (for
retirees); and
WHEREAS, the CalPERS Trust requires that the City submit an actuarial
certification every two years. The last actuarial valuation expired on June 30,
2015; and
WHEREAS, the City does not have staff to perform this valuations. It
requires the expertise of a certified actuary; and
WHEREAS, Lynwood Municipal Code 6- 3.13.a.3 section authorizes the
City Council to dispense with formal bidding requirements when the services may
be acquired more economically and efficiently through the use of an alternate
procedure.
NOW, THEREFORE THE CITY COUNCIL OF THE CITY OF LYNWOOD
DOES HEREBY FIND, DETERMINE, ORDER AND RESOLVE AS FOLLOWS:
Section 1. The City Council authorizes the Mayor to execute an
Agreement between Bartel Associates LLC and the City of Lynwood for the
consultant to perform the actuarial valuation that will cover the periods ended
June 30, 2016 and June 30, 2017.
Section 2. The ,Agreement shall be in a form approved by the City
Attorney and the total payment to the consultant shall not exceed $20,500 for the
contract term.
Section 3. The fees will be paid from the Self- Insurance Fund
(7151.35.355.62015).
Section 4. The resolution shall become effective immediately upon its
adoption.
1
Section 5. The City Clerk shall certify as to the adoption of this City
Council Resolution.
PASSED, APPROVED AND ADOPTED THIS 16th day of February, 2016.
ATTEST:
Maria- Quinonez,
City Clerk.
APPROVED AS TO FORM:
jjW(1j(AA VA
David A. Garcia,
City Attorney
2
Edwin Hernandez,/O'
Mayor
J. Arnoldo Beltran,
City Manager
APPROVED AS TO CONTENT:
. ( �� 0,X.
Christy alencia,
Finance Manager
STATE OF CALIFORNIA )
) SS.
COUNTY OF LOS ANGELES )
I, Maria Quinonez, 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 16th day of February,
2016, and passed by the following vote:
AYES: COUNCIL MEMBERS ALATORRE, SOLACHE, SANTILLAW
BEAS AND MAYOR HERNANDEZ
NOES: NONE
ABSENT: CASTRO
ABSTAIN: NONE
Maria Quinonez, City Clerk
STATE OF CALIFORNIA
) SS.
COUNTY OF LOS ANGELES )
I, Maria Quinonez, 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. 2016.039 on file in my office and
that said Resolution was adopted on the date and by the vote therein stated.
Dated this 16th day of February, 2016.
3