DEPARTMENT
Finance
REQUESTED ACTION (Identify appropriate Action or Motion, purpose, cost, timeframe, etc.)
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Request renewal of an existing contract - Finance Department, 24RFP1337774C-MH, Financial Advisory Services in an amount not to exceed $164,000.00 with Raymond James LLC (Atlanta, GA) to provide financial advisory services. This action exercises the first of two renewal options. One renewal option remains. Effective dates: January 1, 2026, through December 31, 2026. (APPROVED UPON ADOPTION OF THE CONSENT AGENDA)
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REQUIREMENT FOR BOARD ACTION (Cite specific Board policy, statute or code requirement)
In accordance with Purchasing Code Section 102-394(6), the Purchasing Department shall present all renewal requests to the Board of Commissioners at least 90 days prior to the contract renewal date 60 days if the contract term is six (6) months or less.
STRATEGIC PRIORITY AREA RELATED TO THIS ITEM (If yes, note strategic priority area below)
Open and Responsible Government
COMMISSION DISTRICTS AFFECTED
All Districts ?
District 1 ?
District 2 ?
District 3 ?
District 4 ?
District 5 ?
District 6 ?
IS THIS A PURCHASING ITEM?
Yes
SUMMARY & BACKGROUND
Scope of Work: To provide financial advisory services for upcoming County debt issuances, including the (1) 2026 Tax Anticipation Note for General fund short term cash flow requirements, (2) jail facility repairs and renovations, (3) Fulton DeKalb Hospital Authority conduit debt financing. Separate agenda items will be brought to the Board for authorization for each specific debt financing or other financial advisory services that might be requested, this contract provides for one financial advisory for all County debt issuances throughout the term of the contract and its renewal period. The original approved contract of $217,000, only $74,500 was utilized in fiscal 2025, the new pricing for remaining above bond issuances totals $164,000.
Community Impact: This ensures the County is using best ...
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