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HomeMy WebLinkAboutResolution 2008-52 Financial AdvisorRESOLUTION NO. 2008-52 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF WINTER SPRINGS, SEMINOLE COUNTY, FLORIDA, AMENDING RESOLUTION 2008-51 TO CLARIFY THAT THE PENDING REQUEST FOR PROPOSAL FOR AN FINANCIAL ADVISOR SHALL BE FOR AN FINANCIAL ADVISOR THAT IS INDEPENDENT OF ANY INVESTMENT OFFERINGS TO THE CITY OF WINTER SPRINGS; PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Commission desires to clarify Resolution 2008-51 related to the upcoming request for proposal for an financial advisor; and WHEREAS, the City Commission finds that this Resolution is in the best interests of the public health, safety, and welfare of the citizens of Winter Springs. NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY COMMISSION OF THE CITY OF WINTER SPRINGS, SEMINOLE COUNTY, FLORIDA, THAT: Section 1. Incorporation of Recitals. The foregoing recitals are deemed true and correct and are hereby fully incorporated herein by reference. Section 2. Clarification of Resolution 2008-51. Section 3 of Resolution 2008-51 is hereby amended to include the following sentence: Eligible financial adviser candidates responding to the request for proposal shall be independent of any investment offerings to the City of Winter Springs. Section 3. Severability. If any section, subsection, sentence, clause, phrase, word, or portion of this Resolution is for any reason held invalid or unconstitutional by a court of competent jurisdiction, whether for substantive or procedural reasons, such portion shall be deemed a separate, distinct, and independent provision, and such holding shall not affect the validity of the remaining portions of this Resolution. Section 4. Repeal of Prior Inconsistent Resolutions. All prior resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of the conflict. Section 5. Effective Date. This Resolution shall become effective immediately upon its adoption by the City Commission of the City of Winter Springs, Florida. City of Winter Springs Resolution No. 2008-52 Page 1 of 2 ADOPTED by the City Commission of the City of Winter Springs, Florida, in a regular meeting assembled on this 10`'' day of November, 2008. - ATT T: A A LORENZO-LUACES, City Clerk Approved as to legal form and sufficiency for the City of Winter Springs only: ANTHO A. GARGANESE, City Attorney ~=%`L1 JOHN F. BLSH,1VIayor City of Winter Springs Resolution No. 2008-52 Page 2 of 2