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HomeMy WebLinkAbout12-040 Contract with FCS for rate forecast updateResolution 12 -040 Rate Study Page 1 of I RESOLUTION NO. 12 -040 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND, WASHINGTON, AUTHORIZING THE CITY MANAGER TO EXECUTE A CONTRACT WITH FCS GROUP FOR THE COMPLETION OF A RATE FORECAST UPDATE AND RATE DESIGN WHEREAS, the City of Port Townsend recognizes the importance of financing upcoming capital improvement projects; and WHEREAS, water and sewer rates fund capital investments and operations and maintenance; and WHEREAS, FCS Group has submitted a scope of services for the completion of a rate forecast update and rate design; and WHEREAS, the City and the Consultant are desirous of entering into an Agreement to formalize their relationship; and WHEREAS, it would be beneficial to the City to utilize the Consultant as an independent entity to accomplish the City's objectives and goals to set equitable rates, fees and charges; and WHEREAS, the City does not have sufficient staff or expertise to conduct such services itself, and WHEREAS, the City has investigated the qualifications of the Consultant and finds that the Consultant is qualified to perfonn the services required; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Port Townsend that the City Manager is hereby authorized to execute a contract with FCS Group for the completion of a rate forecast update and rate design. ADOPTED by the City Council of the City of Port Townsend at a regular meeting thereof, held this fourth day of September, 2012. 1 &J i avid King, Mayor Attest: Approved as to fora: h i. Pamela Kolacy, MMC,'City Clerk) John P. Watts, City Attorney