HomeMy WebLinkAbout4I, Approval for Additional Expenditures for Hill Capital Strategies Inc.� f
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EN HILLS
Request for Counc�l Action ;
Prepared By: Sue Tverson, Director of Finance �
and Adminis#ratrve Services ! Council Meeting Date: Apri125, 201 i
�
Approval for Additional Expenditur�s for Hill Capita� Strategies, Inc.
Budgeted Amount: ActuaI Amount: Funding Source:
S35,Ofl{1 $13,200 TCAAP I'nnd
Recommendation:
1. Motion to approve up to an additional $6,OOU in expendit�res for contract costs with
Hill Capital Strategies, Inc. for a total contract cost not to exceed $13,200.
Su ortin Documents:
1. See th� attached memo from Patrick Klaers and Sue Iversan dated April 25, 20 � I.
..�-
EN HILLS
MEMORANDUM
DATE: Apri125, 2011
TO: Honorable Mayor a�d City Cauncil Members
FROM: Patrick HIaers, Cify Administrator
Sue Iverson, Director of Finance and Adminis�raEive Service�
SUBJECT: Approval for addi�ional �xpenditures for Hill Capital �tr�.tegies, Inc.
Sack�around
As part of the City's due dili�ence work on the stadium proposal, the City Administrator
contracted witl� Todd Hill a� Hill Capital Strategies, Inc. for legislative consultzng
services.
Discussion
The contract with Tadd Hill started on March 14, 2011, at a rate o� $1,20U per w�ek. As
of the week ending Apri� 23, 2011, a total o� $7,2Q0 has been incurred on this coniract.
Since �he legislative session is scheduled to end on May 23, 20 i 1, staff expects additional
e�penditures in the amount of $6,000. This would bring th� total contraci amount to
$�3,20U. As this is a budgeted item under "Oth.er �rofessianal Services", the City
Administrator's authority under the Ciiy's Procurement Policy is only $7,500, so City
Council approval is needed to continue t�e contract.
Council Act�o�n
A�otion to approve up to an additional $6,000 in expendituxes for cont�act costs with
HiII Caprtai Strategies, Inc. for a total contract cosi not io exceed � 1.3,200.
City Cpuncil Meeting
I1Metro-inet.uslardenhiilslAdminlCounciilAgendas & Packet Informatzon120 1 114-25-1 1 RegularlPacket
InformationlContract Extension for Hill Capital Stxategies.docx
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