Redondo Beach
City Council
Agenda Item 16
H.16. APPROVE AN AGREEMENT WITH PUBLIC RESOURCES ADVISORY GROUP\n(PRAG) TO SERVE AS THE CITY’S MUNICIPAL FINANCIAL ADVISOR RELATED TO\nTHE ISSUANCE OF GENERAL OBLIGATION BONDS PURSUANT TO MEASURE FP\nTHAT WAS APPROVED BY VOTERS ON NOVEMBER 5, 2024 IN AN AMOUNT NOT\nTO EXCEED $175,000 THAT WILL BE PAID OUT OF BOND PROCEEDS FOR THE\nTERM MARCH 18, 2025 TO MARCH 17, 2028 WITH AN AUTOMATIC RENEWAL OF\nTWO ADDITIONAL ONE-YEAR TERMS