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WHEREAS, the City has solicited, received and evaluated competitive sealed proposals for
Investment Advisory Services for the City of Denton in accordance with the procedures af State law
and City ordinances; and
WHEREAS, ihe City Manag�x or a desi�nat�d emplo�y�P�: has received and reviewed and
recommended that the herein described proposals are t�1e mast aaaran�ageaus to the City considering
the relative importance of price and tlie other evaruatian factars included in the request for proposals;
and
WHEREAS, the City Council has provided in the City Budget for the appropriation of funds
ta be used for the purchase of the materials, equipment, supplies or services approved and accepted
herein; NOW, THEREFORE,
1 . # 1► • • � • ' ' : •"�'
SECTION 1. The items in the following numbered request for proposal for materials,
equipment, supplies or services, shown in the "Request for Proposals" on file in the office of the
Purchasing Agent, are hereby accepted and approved as being the most advantageous to the City
considering the relative importance of price and the other evaluation factars included in the request
far proposals.
RFP
NUMBER CONTRACTOR AMOUNT
6695 First Sauthwest Asset Management, LLC $60,000
SECTION 2. By the acceptance and approval of the above numbered items of the submitted
proposals, the City accepts the offer of the persons submitting the propasals for such items and
agrees ta purchase the materials, equipment, supplies or services in accardance with the terms,
specifications, standards, quantities and for the specified sums contained in the Propasal Invitations,
Propasals, and related documents,
SECTION 3, Should the City and person submitting approved and accepted items and af the
submitted proposals wish to enter into a formal written agreement as a result of the acceptance,
approval, and awarding of the proposals, the City Manager or his designated representative is hereby
authorized to execute the written contract; provided that the written contract is in accordance with
the terms, conditions, specifications, standards, quantities and specified sums contained in the
Proposal and related documents herein approved and accepted. This will be a two (2) year contract
and the City and the Awarded Contractor shall have the option to renew this contract for an additional
two (2) year period which will require approval of the City Council.
SECTION 4. The City Council of the City of Denton, Texas hereby expressly delegates the
authority to take any actions that may be required or permitted to be performed by the City of Denton
under RFP 6695 to the City Manager of the City of Denton, Texas, or his designee.
SECTION 5. By the acceptance and approval of the above enumerated proposals, the City
Council hereby authorizes the expenditure of funds therefor in the amount and in accordance with
the approved bids.
SECTION 6. This ordinance shall become effective immediately upon its passage and
approval, mm�mm �mmmmmm �
� � � � �� � he ordi ���� e � � �� � and seconded by
The motion to a � � � ��cM th� �� , t nan �wa p�.� � � �... ...�
is ordinance was made b � �w°
r ������ � � � � �� � �n�,,�� ����d and approved by the following
�°c�t�.
N._— �_—...�
Mayor Chris Watts:
Gerard Hudspeth, District 1
Keely G. Briggs, District 2:
Don Duff, District 3:
John Ryan, District 4:
Deb Armintor, At Large Place 5:
Paul Meltzer, At Large Place 6:
Aye Nay
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Abstain Absent
PASSED AND APPROVED this the r' ���i���.����r of ��;���� ���'��������:�?���18.
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CHRIS WATTS, MAYOR
ATTEST;
JENNIFER WALTERS, CITY SECRETARY
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APPROVED AS TO LEGAL FORM:
AARON LEAL, CITY ATTORNEY
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DocuSign Envelope ID: 4D9A7E3A-9868-41A4-9961-1F3842BC08C8
AGREEMENT
FOR
INVESTMENT ADVISORY SERVICES
BY AND BETWEEN
THE CITY OF DENTON, TEXAS
AND
FIRST SOUTHWEST ASSET MANAGEMENT, LLC
RFP #6695
Agreement the City of Denton, Texas (the
City Southwest Asset Management, LLC. FSAM. This agreement shall be effective as of the date of
its acceptance by the City as indicated on the signature page hereof. The term of this agreement shall commence on June
1, 2018 and conclude on May 31, 2020. This agreement may be extended for additional two (2) year periods upon approval
by the City.
I. Terms and Conditions
This Agreement sets forth the terms and conditions governing the relationship of the City to FSAM with
respect to securities and money which the City in its discretion may make available for investment or
reinvestment (the FundsThis Agreement shall apply to these investable funds during the period in which
this Agreement shall be in effect.
II. Investment Advisory Services
A. Services. With respect to the Funds, FSAM will endeavor to provide investment advisory services and
cause to be executed such investments as determined in accordance with Section II.B below. FSAM
agrees to provide professional services and its facilities and to direct and coordinate all programs of
investing as may be considered and authorized by the City and to assume and pay those expenses incurred
by FSAM in connection with the execution of investment decisions. Specifically, FSAM agrees to
perform the following duties:
1. Review and recommend changes to the investment policy annually, consistent with the
provisions of Chapter 2256 and 2257 of the Texas Government Code and other applicable federal,
state and local laws;
2. Advise the City on current market conditions and other general financial and investment
information through direct conversation, e-mail and other acceptable means of communication;
3. Advise in the investment of the available funds and, as directed by the City, cause the transactions
to be executed on a fully documented and competitive basis;
4. Maintain and provide an authorized broker/dealer list from which securities will be competitively
bid;
5. Assist in the security clearance process;
6. Promptly send (or cause to be sent) trade confirmations to the City;
7. Verify collateral pricing as needed;
8. Attend quarterly meetings with City staff to discuss economic trends, interest rates and investment
strategies; and,
DocuSign Envelope ID: 4D9A7E3A-9868-41A4-9961-1F3842BC08C8
9. Provide staff with research, analysis and market-related projects as requested.
B. Scope of Investment Decisions. In performing the services listed in Section II.A above, FSAM shall
not have discretionary authority and, accordingly, shall obtain approval from the City for the
investment of any City Funds. The City hereby represents and acknowledges that its written
investment policy and investment strategy includes its investment objectives and all portfolio
limitations and restrictions, including, without limitation, acceptable levels of investment risk. The
City also agrees to notify FSAM in writing ten business days in advance of the implementation of any
changes in the Cityinvestment objectives, investment limitations, and/or financial condition. The
City will give FSAM immediate verbal notice and written notice within five days of receipt of any
trade confirmations should the City believe any investment in the Funds violates the investment
objectives or limitations.
C. Standard of Care. In the administration of its duties, FSAM shall exercise the judgment and care,
under prevailing circumstances, that a prudent person would exercise in the management of the
with regard to the entire
Funds rather than any particular investment or security, the probable safety of capital and the probable
income to be derived.
D. Settlement of Securities.
CityCity funds will be released when
and if the City has received, through the safekeeping agent, the designated securities purchased.
E. Hold Harmless. Only to the extent allowed by law, the Investor hereby agrees to indemnify and hold
harmless FSAM, as well as any of its officers, directors, shareholders, affiliates, general partners,
for any and all market losses arising with respect to the Portfolio.
F. Return on the Portfolio. The City expressly affirms and acknowledges that FSAM has not promised
or guaranteed any stated or specified return on, or performance of, the CityFunds, and FSAM is not
responsible for any market losses arising with respect to the Funds.
III. Representations
A. FSAM represents that it is registered as an investment advisor under the Investment Advisers Act of
Advisers Act
B. The City represents and confirms that (1) the City has full power and authority to enter into this
Agreement; (2) the terms hereof do not violate any obligation by which the City is bound, whether
arising by contract, operation of law, or otherwise; and (3) this Agreement has been duly authorized
by and will be binding on the City according to its terms.
C. The City shall allow FSAM to rely upon all information regarding schedules or other information
pertaining to the Funds as provided to it by the City as being true and accurate. FSAM shall have no
responsibility to verify, through audit or investigation, the accuracy or completeness of such information
and FSAM will not undertake to authenticate any such Information and FSAM will not undertake to
authenticate any such information.
D. The City recognizes that there may be loss or depreciation of the current liquidation, immediate and
ongoing value of any investment due to the fluctuation of market values. The City represents that no
party to this Agreement has made any guarantee, either oral or written, that the Cityestment
objectives will be achieved. FSAM shall not be liable for any error in judgment and/or for any
investment losses in the Funds in the absence of willful malfeasance, gross negligence, or violation of
applicable law. Nothing in this Agreement shall constitute a waiver or limitation of any rights that the
City may have under applicable state or federal law including without limitation, the state and federal
securities laws.
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DocuSign Envelope ID: 4D9A7E3A-9868-41A4-9961-1F3842BC08C8
E. City represents and acknowledges that City has reviewed and understands the risk factors and fees
associated with the Funds.
IV. Fees and Costs of FSAM
As consideration for the services provided by FSAM under this Agreement, FSAM will be entitled to a fee
Advisor FeeSchedule
A
City simultaneously with the execution, and as an integral part, of this Agreement. The obligation of FSAM
to pay or incur expenses shall not include any costs incident to litigation, mandamus action, regulatory
investigation, test case or other similar legal actions. The Advisor Fee will be payable quarterly in arrears. In
the event this Agreement is terminated prior to the end of a quarter, the Advisor Fee shall be prorated and
paid within 30 days of termination.
V. Reporting and Account Statements
FSAM will deliver or cause to be delivered to the City confirmation of investment and monthly statements for
the Funds invested as set forth in this Agreement. The monthly statement will reflect all investments, including
date of investment, purchase price, current price, date of maturity, profit or loss and cash balances. FSAM will
also provide the City with an annual valuation of the CityFunds and any additional statements that may be
required by applicable law, including the reporting provisions of the Public Funds Investment Act, or other
applicable state law, with respect to transactions effected under this Agreement.
VI. Other Services
The investment advisory services provided hereunder by FSAM to the City are exclusive of any other services
that FSAM may provide to the City.
VII. Execution of Investment Transactions
A. Affiliated Broker. FSAM is affiliated through common ownership and control with Hilltop Securities
Inc. HTSFinancial Industry Regulatory Authority FINRA
SEC
authorities. The City hereby authorizes FSAM to effect transactions for its Funds by execution through
HTS. Where transactions are effected through HTS, HTS may act on an agency or principal basis to
the extent permitted by law. Pursuant to Rule 206(3) of the Advisers Act, FSAM will obtain the City
consent on each investment transaction to allow HTS to act as a principal in acquiring a security to
facilitate a trade.
B. Bundling of Investment Transactions. Transactions for each client account generally will be
effected independently unless FSAM decides to purchase or sell the same securities for several of its
clients at approximately the same time. FSAM may (but is not obligated to) such
orders to obtain best execution. Under this procedure, transactions will be averaged as to price and
clients
and sale orders placed for each client in batch transactions.
VIII. Selection of Brokers
The City agrees that when FSAM effects or places orders for the execution of transactions for the Funds (other
than situations where the City specifically instructs otherwise in writing), FSAM may allocate such
transactions to such brokers and dealers for execution on such markets, at such prices as in the judgment of
FSAM will be in the best interests of the City, taking into consideration, in the selection of such brokers and
dealers, the available prices and rates of brokerage commissions and other relevant factors, without having to
demonstrate that such factors are of a direct benefit to the City. Subject to the foregoing, FSAM will arrange
for the execution of securities transactions for City Funds through brokers or dealers that FSAM reasonably
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believes will provide best execution. All investment transactions made for the City shall be performed on a
competitive, best execution basis with non-affiliated brokers/dealers. FSAM shall have no other business
affiliations that will affect its investment management or performance. FSAM shall not pay any
or share any revenues with other firms. FSAM shall not receive any soft-dollar compensation for the services
provided under this Agreement.
IX. Non-Exclusive Relationship
The City
shall be free to render the same or similar services to other clients. The City
advice is specific to each individual investment objectives, limitations and financial condition.
Therefore FSAM, in the performance of its investment advisory duties, may give advice to, and take action
on behalf of, other clients that may differ from the advice given, or the timing and nature of the action taken,
with respect to the Citys Funds. Nothing in this Agreement shall be deemed to impose upon FSAM any
obligation to purchase or sell, or to recommend for purchase or sale for the CityFunds, any security that
FSAM or its affiliates may purchase or sell, for their own account or for the accounts of any other client if, at
the sole discretion of FSAM, it is for any reason undesirable or impractical to take such action or make such
recommendation for the Citys Funds. The City also acknowledges that FSAM has varying fee structures and
arrangements with other clients and may charge other clients different fees, which may be higher or lower
than the fees charged with respect to the Citys Funds for similar services.
X. Instructions from the City
FSAM may rely on all instructions (whether oral or written) given by the City or its agents that FSAM believes
to be genuine. Instructions may be given to FSAM by any officer or agent authorized by (1) the investment
policy; (2) a duly executed
of the governing body of the City. FSAM may rely on such authorization until written notice to the contrary
is delivered to FSAM by the City; and if the City does not deliver appropriate authorizing documentation,
FSAM may accept instructions from any person reasonably believed by FSAM to be an officer of the City.
XI. Transactions Subject to Industry Regulations and Standards
All transactions shall be subject to the regulations of all applicable government authorities and self-regulatory
agencies including, but not limited to, the constitutions and rules of the clearing agent, exchange, or market
where executed. The City understands that FSAM is registered as an investment advisor under the Advisers
Act, and as such is obligated to comply with all applicable laws and regulations, including those of the SEC
and other regulatory and self-regulatory agencies, and agrees that FSAM shall not be liable to the City as a
result of any action taken by FSAM to comply with any ruling, interpretation, or directive of such
organizations. Further, the City understands and agrees that FSAM will not accept any instructions from the
City which would require a violation of any such rules or regulations.
XII. Assignment
Neither FSAM nor the City may assign any of its rights, authorizations, or obligations under this Agreement
without the prior written consent of the other party.
XIII. Term and CiRight of Cancellation
This Agreement shall become effective as of the date hereof and continue for a period of two (2) years. This
Agreement may be extended for additional two (2) year periods upon approval by the City. Either party may
terminate In
addition, the City may terminate this Agreement without penalty for a period of five (5) business days after
the date it is executed by the City. The City may exercise this right by giving written notice to FSAM within
the required time period. In the event of termination, it is understood and agreed that only the amounts due to
FSAM for services provided and expenses incurred to and including the date of termination, plus those costs and
expenses incurred or sustained as a result of the termination, will be due and payable. No penalty will be assessed
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for termination of this Agreement. In addition, the parties hereto agree that upon termination of this Agreement
FSAM shall have no continuing obligation to the City regarding the investment of funds or performing any other
services contemplated herein.
XIV. Custodial Arrangements
Custody of the Funds invested assets will be maintained with a custodian selected by the City and identified
Custodian, control or possession of any assets in the Funds.
The City will be solely responsible for paying all fees or charges of the Custodian. The City authorizes FSAM
to give Custodian instructions for the purchase, sale, conversion, redemption, exchange or retention of any
security, cash or cash equivalent or other investment for the Funds.
XV. Miscellaneous
A. Notices to the City. All written communication to the City shall be sent to the address set forth on
the signature page hereof or as directed in writing to FSAM by the City. Any notice, statement, or other
communication mailed to the City by FSAM in accordance with this section will be deemed to be given
to the City personally on the date it so mailed, whether or not it is actually received by the City.
B. Notices to FSAM. Any notice, statement, or other communication from the City to FSAM under this
Agreement must be in written form and will be deemed to be given to FSAM upon actual receipt thereof
by FSAM whether such notice was mailed, personally delivered, or telecopied to:
FirstSouthwest Asset Management, LLC
300 West Sixth Street, Suite 1940
Austin, Texas 78701
Attention: Mr. Scott McIntyre
Fax Number: (512) 481-2020
C. Confidential Relationship. All of the information and advice furnished by either party to the other under
this Agreement, including their respective agents and employees, will be treated as strictly confidential
by each party and will not be disclosed to third parties under any circumstances except as required by law.
D. Limitations of Liability. Federal and state securities laws impose liabilities under certain circumstances
on persons who do not act in good faith and, therefore, nothing in this Agreement shall in any way
constitute a waiver or limitation of any rights that the City may have under federal and state securities
laws.
E. Indemnity. Only to the extent authorized by law, the City will indemnify FSAM for any loss, liability,
or expense which FSAM may incur as a result of, or arising from, any claims
asserted by any third party with respect to the Funds or the services rendered by FSAM under this
Agreement, except in cases of gross negligence or willful misconduct by FSAM in managing the
Funds.
F. Inconsistent Provisions; Agreements. If any provisions of this Agreement should become or be found
to be inconsistent with laws, rules, or regulations of any government or regulatory body having
jurisdiction over the subject matter herein, such provisions shall be deemed modified or rescinded in
accordance with any such laws, rules, or regulations. To the extent that the provisions of this Agreement
are inconsistent with the provisions of any account agreement or clearing agreement with FSAM or its
clearing agent, as the case may be, then FSAM shall provide notice to the City to resolve the conflict.
G. Invalid Provisions. If any provision or condition of this Agreement shall be held to be invalid or
unenforceable by any Court, or regulatory or self-regulatory agency or body, such invalidity or
unenforceability shall attach only to such provision or condition. The validity of the remaining provisions
and conditions shall not be affected, and this Agreement shall be carried out as if any such invalid or
unenforceable provision or condition were not contained herein.
-5-
DocuSign Envelope ID: 4D9A7E3A-9868-41A4-9961-1F3842BC08C8
H. Waiver of Terms. n strict compliance with any terms of this
rights as described herein.
I. Governing Law. This Agreement will be governed by and construed in accordance with the laws of the
State of Texas, without regard to its principles of conflicts of laws.
J. Extraordinary Events. Neither FSAM nor any of its officers, directors, shareholders, affiliates, general
partners, employees, agents, or trustees shall be liable for losses caused directly or indirectly by
government restrictions, securities exchange or market actions, suspensions of trading, wars, strikes,
delays in the transmission of orders due to breakdown or failure of transmission or communication
e control or anticipation.
K. Written Disclosure Statement. Simultaneously with the execution of this Agreement, FSAM has
delivered to the City Part II of its Form ADV as filed with the SEC, or a similar disclosure document, as
its brochure pursuant to Rule 204.3 of the Advisers Act. The City
deemed acknowledgment of receipt thereof.
L. Verification of Information. The City represents and warrants to FSAM that all information furnished
to FSAM in connection with the Agreement (and all documents supplied by the City in this regard,
including financial statements) are true, complete, and correct. FSAM is entitled to rely on this
information until FSAM receives written notice of any change, which the City agrees to furnish promptly
should any material changes occur.
M. Audit. In addition to and without limitation on the other audit provisions of this Agreement, the City
may conduct an audit or investigation of FSAM or any other entity or person receiving funds from the
City directly under this Agreement or indirectly through a subcontract under this Agreement. The
acceptance of funds by FSAM or any other entity or person directly under this Agreement or indirectly
through a subcontract under this Agreement acts as acceptance of the authority of the City to conduct an
audit or investigation in connection with those funds. FSAM further agrees to cooperate fully with the
City in the conduct of the audit or investigation, including providing all records requested. Participant
shall ensure that this paragraph concerning the authority to audit funds received indirectly by
subcontractors through FSAM and the requirement to cooperate is included in any subcontract it awards.
The City shall at any time have access to and the right to examine, audit, excerpt, and transcribe any
pertinent books, documents, working papers, and records of FSAM related to this Agreement.
N. Insurance. FSAM shall procure and maintain insurance in compliance with the requirements and in the
minimum amounts acceptable to the City of Denton.
\[THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK. THE NEXT PAGE IS A SIGNATURE
PAGE.\]
-6-
DocuSign Envelope ID: 4D9A7E3A-9868-41A4-9961-1F3842BC08C8
By signing this Agreement, the undersigned City official acknowledges receipt of a copy of
this Agreement, including Schedule A.
CITY OF DENTON, TEXAS
215 E McKinney
Denton, TX 76201
____________________________________________ ______________________
City Manager Date
____________________________________________
(Name)
FIRST SOUTHWEST ASSET MANAGEMENT, LLC
____________________________________________ ______________________
Signature of Officer Date
____________________________________________
Scott McIntyre
THIS AGREEMENT HAS BEEN
BOTH REVIEWED AND APPROVED
____________________________________________
as to financial and operational
Managing Director
obligations and business terms.
ATTEST:
JENNIFER WALTERS, CITY SECRETARY
_______________ ________________
SIGNATURE PRINTED NAME
BY:____________________________
__________________________________
APPROVED AS TO LEGAL FORM:
TITLE
AARON LEAL, CITY ATTORNEY
__________________________________
DEPARTMENT
BY:____________________________
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DocuSign Envelope ID: 4D9A7E3A-9868-41A4-9961-1F3842BC08C8
SCHEDULE A
FEE SCHEDULE AND EXPENSE ITEMS
In consideration for the services rendered by FirstSouthwest Asset Management, LLC
the investment of the Portfolio for the City, it is understood and agreed that its fee will be at fixed quarterly rate of
$7,500 for investment management services.
The fees due FSAM shall be due and payable 30 days following the conclusion of each calendar quarter. Said fee
includes all costs of services related to the investment services provided under this Agreement. Any other fees earned
by FSAM relating to City transactions, shall be disclosed to the City.
-8-
DocuSign Envelope ID: 4D9A7E3A-9868-41A4-9961-1F3842BC08C8
Exhibit
House Bill 89 - Government Code 2270
VERIFICATION
I, _______________________________________________, the undersigned
representative of ______________________________Company or Business name
(hereafter referred to as company), being an adult over the age of eighteen (18)
years of age, verify that the company named-above, under the provisions of
Subtitle F, Title 10, Government Code Chapter 2270:
1. Does not boycott Israel currently; and
2. Will not boycott Israel during the term of the contract the above-named
Company, business or individual with City of Denton.
Pursuant to Section 2270.001, Texas Government Code:
1.
with, or otherwise taking any action that is intended to penalize, inflict
economic harm on, or limit commercial relations specifically with Israel, or
with a person or entity doing business in Israel or in an Israeli-controlled
territory, but does not include an action made for ordinary business
purposes; and
2. -profit sole proprietorship, organization,
association, corporation, partnership, joint venture, limited partnership,
limited liability partnership, or any limited liability company, including a
wholly owned subsidiary, majority-owned subsidiary, parent company or
affiliate of those entities or business associations that exist to make a profit.
___________________________________
Name of Company Representative (Print)
________________________________
Signature of Company Representative
_________________________________
Date
DocuSign Envelope ID: 4D9A7E3A-9868-41A4-9961-1F3842BC08C8
Exhibit
Senate Bill 252 -Government Code 2252
CERTIFICATION
I, ______________________________________________, the undersigned
representative of ________________________________________________
(Company or business name) being an adult over the age of eighteen (18) years of
age, pursuant to Texas Government Code, Chapter 2252, Section 2252.152 and
Section 2252.153, certify that the company named above is not listed on the
website of the Comptroller of the State of Texas concerning the listing of
companies that are identified under Section 806.051, Section 807.051 or Section
2253.153. I further certify that should the above-named company enter into a
contract that is on said listing of companies on the website of the Comptroller of
the State of Texas which do business with Iran, Sudan or any Foreign Terrorist
Management Department.
___________________________________
Name of Company Representative (Print)
________________________________
Signature of Company Representative
_________________________________
Date
Certificate Of Completion
Envelope Id: 4D9A7E3A986841A499611F3842BC08C8Status: Completed
Subject: City Council Docusign Item - 6695 Investment Advisory Service
Source Envelope:
Document Pages: 11Signatures: 8Envelope Originator:
Certificate Pages: 6Initials: 0Jamie Cogdell
AutoNav: Enabled901B Texas Street
EnvelopeId Stamping: EnabledDenton, TX 76209
Time Zone: (UTC-06:00) Central Time (US & Canada)Jamie.Cogdell@cityofdenton.com
IP Address: 129.120.6.150
Record Tracking
Status: OriginalHolder: Jamie CogdellLocation: DocuSign
8/23/2018 10:11:26 AM Jamie.Cogdell@cityofdenton.com
Signer EventsSignatureTimestamp
Jamie CogdellSent: 8/23/2018 10:19:58 AM
Completed
jamie.cogdell@cityofdenton.comViewed: 8/23/2018 10:20:04 AM
Senior BuyerSigned: 8/23/2018 10:20:42 AM
Using IP Address: 129.120.6.150
City Of Denton
Security Level: Email, Account Authentication
(None)
Electronic Record and Signature Disclosure:
Not Offered via DocuSign
Scott McIntyreSent: 8/23/2018 10:20:44 AM
scott.mcintyre@hilltopsecurities.comViewed: 8/23/2018 1:21:13 PM
First Southwest Asset Management, LLCSigned: 8/23/2018 1:22:06 PM
Security Level: Email, Account Authentication
Signature Adoption: Pre-selected Style
(None)
Using IP Address: 204.109.42.22
Electronic Record and Signature Disclosure:
Accepted: 8/23/2018 1:21:13 PM
ID: 47b35e44-3cfb-4bc1-84bb-cd017da4a856
Antonio PuenteSent: 8/23/2018 1:22:08 PM
antonio.puente@cityofdenton.comViewed: 8/23/2018 1:39:59 PM
Director of FinanceSigned: 8/23/2018 1:44:04 PM
Security Level: Email, Account Authentication
Signature Adoption: Pre-selected Style
(None)
Using IP Address: 129.120.6.150
Electronic Record and Signature Disclosure:
Accepted: 8/23/2018 1:39:59 PM
ID: 48390e97-219d-4e0f-98dc-557c6fa3b2d1
Mack ReinwandSent: 8/23/2018 1:44:06 PM
mack.reinwand@cityofdenton.comViewed: 8/23/2018 2:22:55 PM
City of DentonSigned: 8/23/2018 2:23:35 PM
Security Level: Email, Account Authentication
Signature Adoption: Pre-selected Style
(None)
Using IP Address: 129.120.6.150
Electronic Record and Signature Disclosure:
Not Offered via DocuSign
Signer EventsSignatureTimestamp
Tabitha MillsopSent: 8/23/2018 2:23:38 PM
Completed
tabitha.millsop@cityofdenton.comViewed: 8/29/2018 10:20:27 AM
City of DentonSigned: 8/29/2018 10:22:42 AM
Using IP Address: 129.120.6.150
Security Level: Email, Account Authentication
(None)
Electronic Record and Signature Disclosure:
Not Offered via DocuSign
Todd HilemanSent: 8/29/2018 10:22:46 AM
todd.hileman@cityofdenton.comViewed: 8/29/2018 10:41:55 AM
City ManagerSigned: 8/29/2018 10:42:02 AM
City of Denton
Signature Adoption: Pre-selected Style
Security Level: Email, Account Authentication
Using IP Address: 129.120.6.150
(None)
Electronic Record and Signature Disclosure:
Accepted: 7/25/2017 11:02:14 AM
ID: 57619fbf-2aec-4b1f-805d-6bd7d9966f21
Jennifer WaltersSent: 8/29/2018 10:42:05 AM
jennifer.walters@cityofdenton.comViewed: 8/29/2018 4:16:54 PM
City SecretarySigned: 8/29/2018 4:18:01 PM
City of Denton
Signature Adoption: Pre-selected Style
Security Level: Email, Account Authentication
Using IP Address: 129.120.6.150
(None)
Electronic Record and Signature Disclosure:
Not Offered via DocuSign
In Person Signer EventsSignatureTimestamp
Editor Delivery EventsStatusTimestamp
Agent Delivery EventsStatusTimestamp
Intermediary Delivery EventsStatusTimestamp
Certified Delivery EventsStatusTimestamp
Carbon Copy EventsStatusTimestamp
Sherri ThurmanSent: 8/23/2018 1:44:06 PM
sherri.thurman@cityofdenton.com
City of Denton
Security Level: Email, Account Authentication
(None)
Electronic Record and Signature Disclosure:
Not Offered via DocuSign
Jane RichardsonSent: 8/29/2018 10:22:45 AM
jane.richardson@cityofdenton.comViewed: 8/29/2018 11:21:36 AM
Assistant City Secretary
City of Denton
Security Level: Email, Account Authentication
(None)
Electronic Record and Signature Disclosure:
Not Offered via DocuSign
Carbon Copy EventsStatusTimestamp
Jennifer BridgesSent: 8/29/2018 4:18:04 PM
jennifer.bridges@cityofdenton.com
Procurement Assistant
City of Denton
Security Level: Email, Account Authentication
(None)
Electronic Record and Signature Disclosure:
Not Offered via DocuSign
Jane RichardsonSent: 8/29/2018 4:18:05 PM
jane.richardson@cityofdenton.comViewed: 8/30/2018 8:30:02 AM
Assistant City Secretary
City of Denton
Security Level: Email, Account Authentication
(None)
Electronic Record and Signature Disclosure:
Not Offered via DocuSign
Kevin MullenSent: 8/29/2018 4:18:06 PM
kevin.mullen@cityofdenton.com
Security Level: Email, Account Authentication
(None)
Electronic Record and Signature Disclosure:
Not Offered via DocuSign
Notary EventsSignatureTimestamp
Envelope Summary EventsStatusTimestamps
Envelope SentHashed/Encrypted8/29/2018 4:18:06 PM
Certified DeliveredSecurity Checked8/29/2018 4:18:06 PM
Signing CompleteSecurity Checked8/29/2018 4:18:06 PM
CompletedSecurity Checked8/29/2018 4:18:06 PM
Payment EventsStatusTimestamps
Electronic Record and Signature Disclosure
ELECTRONIC RECORD AND SIGNATURE DISCLOSURE
From time to time, City of Denton (we, us or Company) may be required by law to provide to
you certain written notices or disclosures. Described below are the terms and conditions for
providing to you such notices and disclosures electronically through your DocuSign, Inc.
(DocuSign) Express user account. Please read the information below carefully and thoroughly,
and if you can access this information electronically to your satisfaction and agree to these terms
and conditions, please confirm your agreement by clicking the 'I agree' button at the bottom of
this document.
Getting paper copies
At any time, you may request from us a paper copy of any record provided or made available
electronically to you by us. For such copies, as long as you are an authorized user of the
DocuSign system you will have the ability to download and print any documents we send to you
through your DocuSign user account for a limited period of time (usually 30 days) after such
documents are first sent to you. After such time, if you wish for us to send you paper copies of
any such documents from our office to you, you will be charged a $0.00 per-page fee. You may
request delivery of such paper copies from us by following the procedure described below.
Withdrawing your consent
If you decide to receive notices and disclosures from us electronically, you may at any time
change your mind and tell us that thereafter you want to receive required notices and disclosures
only in paper format. How you must inform us of your decision to receive future notices and
disclosure in paper format and withdraw your consent to receive notices and disclosures
electronically is described below.
Consequences of changing your mind
If you elect to receive required notices and disclosures only in paper format, it will slow the
speed at which we can complete certain steps in transactions with you and delivering services to
you because we will need first to send the required notices or disclosures to you in paper format,
and then wait until we receive back from you your acknowledgment of your receipt of such
paper notices or disclosures. To indicate to us that you are changing your mind, you must
withdraw your consent using the DocuSign 'Withdraw Consent' form on the signing page of your
DocuSign account. This will indicate to us that you have withdrawn your consent to receive
required notices and disclosures electronically from us and you will no longer be able to use your
DocuSign Express user account to receive required notices and consents electronically from us
or to sign electronically documents from us.
All notices and disclosures will be sent to you electronically
Unless you tell us otherwise in accordance with the procedures described herein, we will provide
electronically to you through your DocuSign user account all required notices, disclosures,
authorizations, acknowledgements, and other documents that are required to be provided or
made available to you during the course of our relationship with you. To reduce the chance of
you inadvertently not receiving any notice or disclosure, we prefer to provide all of the required
notices and disclosures to you by the same method and to the same address that you have given
us. Thus, you can receive all the disclosures and notices electronically or in paper format through
the paper mail delivery system. If you do not agree with this process, please let us know as
described below. Please also see the paragraph immediately above that describes the
consequences of your electing not to receive delivery of the notices and disclosures
electronically from us.
How to contact City of Denton:
You may contact us to let us know of your changes as to how we may contact you electronically,
to request paper copies of certain information from us, and to withdraw your prior consent to
receive notices and disclosures electronically as follows:
To contact us by email send messages to: purchasing@cityofdenton.com
To advise City of Denton of your new e-mail address
To let us know of a change in your e-mail address where we should send notices and disclosures
electronically to you, you must send an email message to us at melissa.kraft@cityofdenton.com
and in the body of such request you must state: your previous e-mail address, your new e-mail
address. We do not require any other information from you to change your email address..
In addition, you must notify DocuSign, Inc to arrange for your new email address to be reflected
in your DocuSign account by following the process for changing e-mail in DocuSign.
To request paper copies from City of Denton
To request delivery from us of paper copies of the notices and disclosures previously provided
by us to you electronically, you must send us an e-mail to purchasing@cityofdenton.com and in
the body of such request you must state your e-mail address, full name, US Postal address, and
telephone number. We will bill you for any fees at that time, if any.
To withdraw your consent with City of Denton
To inform us that you no longer want to receive future notices and disclosures in electronic
format you may:
i. decline to sign a document from within your DocuSign account, and on the subsequent
page, select the check-box indicating you wish to withdraw your consent, or you may;
ii. send us an e-mail to purchasing@cityofdenton.com and in the body of such request you
must state your e-mail, full name, IS Postal Address, telephone number, and account
number. We do not need any other information from you to withdraw consent.. The
consequences of your withdrawing consent for online documents will be that transactions
may take a longer time to process..
Required hardware and software
Operating Systems: Windows2000? or WindowsXP?
Browsers (for SENDERS): Internet Explorer 6.0? or above
Browsers (for SIGNERS): Internet Explorer 6.0?, Mozilla FireFox 1.0,
NetScape 7.2 (or above)
Email: Access to a valid email account
Screen Resolution: 800 x 600 minimum
Enabled Security Settings:
Allow per session cookies
Users accessing the internet behind a Proxy
Server must enable HTTP 1.1 settings via
proxy connection
** These minimum requirements are subject to change. If these requirements change, we will
provide you with an email message at the email address we have on file for you at that time
providing you with the revised hardware and software requirements, at which time you will
have the right to withdraw your consent.
Acknowledging your access and consent to receive materials electronically
To confirm to us that you can access this information electronically, which will be similar to
other electronic notices and disclosures that we will provide to you, please verify that you
were able to read this electronic disclosure and that you also were able to print on paper or
electronically save this page for your future reference and access or that you were able to
e-mail this disclosure and consent to an address where you will be able to print on paper or
save it for your future reference and access. Further, if you consent to receiving notices and
disclosures exclusively in electronic format on the terms and conditions described above,
please let us know by clicking the 'I agree' button below.
By checking the 'I Agree' box, I confirm that:
I can access and read this Electronic CONSENT TO ELECTRONIC RECEIPT OF
ELECTRONIC RECORD AND SIGNATURE DISCLOSURES document; and
I can print on paper the disclosure or save or send the disclosure to a place where I can
print it, for future reference and access; and
Until or unless I notify City of Denton as described above, I consent to receive from
exclusively through electronic means all notices, disclosures, authorizations,
acknowledgements, and other documents that are required to be provided or made
available to me by City of Denton during the course of my relationship with you.