HomeMy WebLinkAboutResolutions - No. 2018-243RESOLUTION NO. 2018-243
A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE
CITY MANAGER TO EXECUTE AMENDMENT NO. 1 TO THE
PROFESSIONAL SERVICES AGREEMENT WITH
THE REED GROUP, INC., OF SACRAMENTO, FOR WATER AND
WASTEWATER FINANCIAL PLAN AND RATE UPDATE AND STUDY
WHEREAS, on February 7, 2018, Council approved a Professional Services Agreement
with The Reed Group, Inc., of Sacramento, for Water and Wastewater Financial Pian and Rate
Update and Study, in the amount of $69,950; and
WHEREAS, the proposal from The Reed Group, Inc., included 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 Amendment
No. 1 to the 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 $15,000.
NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby
authorize the City Manager to execute Amendment No. 1 to the Professional Services
Agreement with The Reed Group, Inc., of Sacramento, California, for Water and Wastewater
Financial Plan and Rate Update and Study, extending the term of the agreement to
June 30, 2019, in the amount of $15,000, for a not -to -exceed total of $84,950 over the entire
term of the agreement.
Dated: December 19, 2018
I hereby certify that Resolution No. 2018-243 was passed and adopted by the City
Council of the City of Lodi in a regular meeting held December 19, 2018, by the following vote:
AYES: COUNCIL MEMBERS — Johnson, Kuehne, Mounce, Nakanishi, and
Mayor Chandler
NOES: COUNCIL MEMBERS — None
ABSENT: COUNCIL MEMBERS — None
ABSTAIN: COUNCIL MEMBERS — None
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. ENNIFER M_ FERRA1OLO
City Clerk
2018-243