city of tacoma
File #: RES41625    Version: 1 Name: Purchase Resolution – Government Portfolio Advisors
Type: Resolution Status: Adopted
File created: 2/13/2025 In control: City Council
On agenda: 2/25/2025 Final action: 2/25/2025
Title: A resolution awarding a contract to Government Portfolio Advisors, in the amount of $2,500,000, budgeted from various departmental funds, for investment advisory services and non-discretionary management of the citywide investment portfolio, for an initial contract term of six years, with the option to renew for two additional two-year periods, for a projected contract total of $4,000,000, plus applicable taxes - Specification No. FI24-0205F. [Michael San Soucie, City Treasurer; Andy Cherullo, Director, Finance]
Attachments: 1. Resolution No. 41625, 2. Contract and Award Memorandum

Title

A resolution awarding a contract to Government Portfolio Advisors, in the amount of $2,500,000, budgeted from various departmental funds, for investment advisory services and non-discretionary management of the citywide investment portfolio, for an initial contract term of six years, with the option to renew for two additional two-year periods, for a projected contract total of $4,000,000, plus applicable taxes - Specification No. FI24-0205F.

[Michael San Soucie, City Treasurer; Andy Cherullo, Director, Finance]