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19-2434 - 7105 Ordinance ExecutedORDINANCE NO. 19-Z434 AN ORDINANCE OF THE CITY OF DENTON, A TEXAS HOME-RULE MUNICIPAL CORPORATION, AUTHORIZING THE CITY MANAGER TO EXECUTC A PROFESSIONAL SERVICES AGREEMENT WITH RAFTELIS FINANCIAL CONSULTANTS, INC., FOR WATER AND WASTEWATER UTILITIES COST OF SERVICE AND RATE DESIGN STUDY AS SET FORTH 1N THE CONTRACT; PROVIDING FOR THE EXPENDITURE OF FLTNDS THEREFOR; AND PROVIDING AN EFFECTIVE DATE (RFQ 7105 — PROFESSIONAL SERVICES AGREEMENT FOR WATER AND WASTEWATER UTILITIES COST OF SERVICE AND RATE DESIGN STUDY AWARDED TO RAFTELIS FINANCIAL CONSULTANTS, INC., 1N THE NOT-TO-EXCEED AMOUNT OF $108,470). WHEREAS, Raftelis Financial Consultants, Inc., the professional services provider (the Provider") set forth in this ordinance is being selected as the most highly qualified on the basis of its demonstrated competence and qualifications to perform the proposed professional services; and WHEREAS, the fees under the proposed contract are fair and reasonable and are consistent with, and not higher than the recommended practices and fees published by the professional associations applicable to the Provider's profession, and such fees do not exceed the maximum provided by law; NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS: SECTION 1. The City Manager is authorized to enter into a professional service contract with Raftelis Financial Consultants, Inc., for Water and Wastewater Utilities Cost of Service and Rate Design Study, a copy of which is attached hereto and incorporated by reference herein. SECTION 2. The City Manager is authorized to expend funds as required by the attached contract. SECTION 3. The City Council of the City of Denton, expressly delegates the authority to take any actions that may be required or permitted to be performed by the City of Denton under this ordinance for Water and Wastewater Utilities Cost of Service and Rate Design Study, to the City Manager of the City of Denton, or his designee. SECTION, 4. The findings in the preamble of this ordinance are incorporated herein by reference. SECTION 5. This ordinance shall become effective immediately upon its passage and r.. approval, The motion to ;p ance was m he ordinane was assd and a roved and seconded b ° ' " this ordin _ Y ,,, , ^ ... p PP bythe m _ g ....°... followin vote Mayor Chris Watts: Gerard Hudspeth, District 1: Keely G. Briggs, District 2: Jesse Davis, District 3: John Ryan, District 4: Deb Armintor, At Large Place 5: Paul Meltzer, At Large Place 6: Aye Nay k ..., Abstain Absent PASSED AND APPROVED this the.''" y °__' , 2019. da of . , e. . _._ ____ ...._. ATTEST: °,'' ' ROSA RIOS, CITY SECRETARY w.W .s '" .,,.,, "",.-__ ......__ .a APPROVED AS TO LEGAL FORM: AARON LEAL, CITY ATTORNEY C " ' BY: a , ^'°;.; "'" .' m . P, ,,,^ -- 4 , d ',..,. o+° CHRIS WATTS, MAYOR