City Council

11L. CONTRACT AWARD - INVESTMENT ADVISORY SERVICES Potential Action as Recommended by the Investment Advisory Committee Adopt Resolution No. 26-94, which will: 1. Award a professional services agreement (Attachment 2) to Chandler Asset Management, Inc. for Investment Advisory Services. 2. Approve, and authorize the City Manager to execute, Contract No. C26- 41, by and between the City of San Clemente and Chandler Asset Management, providing City investment advisory services, for a term of five years. 3. Authorize the City Manager to execute an optional two-year extension at his/her discretion at the end of the initial five-year term.