HomeMy WebLinkAboutResolutions - No. 2018-11RESOLUTION NO. 2018-11
A RESOLUTION OF THE LODI CITY COUNCIL
AUTHORIZING THE CITY MANAGER TO EXECUTE A
PROFESSIONAL SERVICES AGREEMENT WITH
THE REED GROUP, INC., OF SACRAMENTO, FOR
WATER AND WASTEWATER FINANCIAL PLAN AND
RATE UPDATE AND STUDY
WHEREAS, The Reed Group, Inc., has been involved in the City's Water and
Wastewater financial planning and rate setting since 2008; and
WHEREAS, the proposal from The Reed Group, Inc., includes tasks such as
developing an updated 10 -year financial plan and revenue model for both Water and
Wastewater utilities, a cost of service analysis and rate design, preparation of a financial
plan and rate study report, and assistance with the upcoming Proposition 218 process;
and
WHEREAS, staff recommends authorizing the City Manager to execute a
Professional Services Agreement with The Reed Group, Inc., of Sacramento, for Water
and Wastewater Financial Plan and Rate Update and Study, in the amount of $69,950.
NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby
authorize the City Manager to execute a Professional Services Agreement with
The Reed Group, Inc., of Sacramento, California, for Water and Wastewater Financial
Plan and Rate Update and Study, in the amount of $69,950.
Dated: February 7, 2018
I hereby certify that Resolution No. 2018-11 was passed and adopted by the City
Council of the City of Lodi in a regular meeting held February 7, 2018, by the following
vote:
AYES: COUNCIL MEMBERS — Chandler, Johnson, Kuehne, Mounce, and
Mayor Nakanishi
NOES: COUNCIL MEMBERS — None
ABSENT: COUNCIL MEMBERS — None
ABSTAIN: COUNCIL MEMBERS — None
qIFER . FERRAIOLO
ty Clerk
2018-11