File #: 25-0047    Version: Name: Discussion and action regarding Municipal Advisor Services
Type: Bids/Purchases Status: Other Business
File created: 2/7/2025 In control: City Council
On agenda: 3/11/2025 Final action: 3/11/2025
Title: Discussion and action regarding Municipal Advisor Services
Attachments: 1. City of Crossville - RFQ for MA Services - 2025-02-07.pdf

Title

Discussion and action regarding Municipal Advisor Services

 

Body

SUMMARY: After discussion at the March Work Session, discussion and action is required regarding how to move forward with Municipal Advisor Services.

 

On Friday, February 7, 2024, Request for Qualifications for Municipal Advisors were received. Only one RFQ was submitted by Cumberland Securities. If selected, approval of using Cumberland Securities as a Municipal Advisor and allowing the City Attorney to negotiate a contract is requested. 

 

There were questions surrounding the validity of a contract with Kidwell & Co. that may require action under this item as well.

 

Recommended Action

NECESSARY COUNCIL ACTION: motion