NSITE DOCUMENT

A2024-312FN, Agreement Transmittal (draft).docx

  • Library: Purchissues
  • Year Created: 2024
  • File Type: DOCX
The document outlines an agreement for the City to engage PFM Asset Management LLC as an investment advisor for the City's investments and assigned funds. The advisor will provide research, supervision, and continuous monitoring of investment opportunities and evaluations. The budget impact details that payments will follow the fee schedule based on Average Assets Under Management, with fees ranging from 8 to 7 basis points. The fees will be paid from a specific account number. The effective date of the agreement is upon execution until February 28, 2025, with the contact department being Finance. The vendor details for PFM Asset Management LLC are provided, including their address, telephone number, and email address. The document also includes sections for approvals from the City Manager and Department Head.
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