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File #: 23-1845    Version: 1
Type: Resolution Status: Adopted
File created: 11/19/2023 In control: Finance & Governance Committee
On agenda: 12/11/2023 Final action: 12/11/2023
Title: A resolution approving a proposed Second Amendatory Agreement between the City and County of Denver and Hilltop Securities, Inc., to extend the term and provide additional compensation for municipal financial advisory services to the City. Amends a contract with Hilltop Securities adding $200,000 for a new total of $1,000,000 and one year for a new ending date of 12-31-2024 to continue to provide municipal financial advisory services, citywide. (FINAN-201738726 / FINAN-202056712-01) The last regularly scheduled Council meeting within the 30-day review period is on 1-2-2024. The Committee approved filing this item at its meeting on 11-28-2023.
Indexes: Lucas Palmisano
Attachments: 1. RR23-1845_DOF - Resolution Request - Financial Advisor Contract Amendment #2 Hilltop Securities - ggv, 2. 23-1845 Agr_HILLTOP_SECURITIES_INC (1)_202371699, 3. 23-1845 Filed Resolution_Hilltop Securities Inc_ (002), 4. 23-1845 Filed Resolution_Hilltop Securities Inc, 5. 23-1845_signed
Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 11-27-2023

Requesting Agency: Finanace
Division:

Subject Matter Expert Name: Guadalupe Gutierrez-Vasquez
Email Address: Guadalupe.Guiterrez-Vasquez@denergov.org
Phone Number:

Item Title & Description:
(Do not delete the following instructions)
These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney's Office should enter the title above the description (the title should be in bold font).

Both the title and description must be entered between the red "title" and "body" below. Do not at any time delete the red "title" or "body" markers from this template.
title
A resolution approving a proposed Second Amendatory Agreement between the City and County of Denver and Hilltop Securities, Inc., to extend the term and provide additional compensation for municipal financial advisory services to the City.
Amends a contract with Hilltop Securities adding $200,000 for a new total of $1,000,000 and one year for a new ending date of 12-31-2024 to continue to provide municipal financial advisory services, citywide. (FINAN-201738726 / FINAN-202056712-01) The last regularly scheduled Council meeting within the 30-day review period is on 1-2-2024. The Committee approved filing this item at its meeting on 11-28-2023.
body

Affected Council District(s) or citywide?
Citywide

Contract Control Number:
FINAN-201738726 / FINAN-202056712-01

Vendor/Contractor Name (including any "DBA"):
Hilltop Securities, Inc.

Type and Scope of services to be performed:
: Hilltop Securities will work under the direction of the Manager of Finance and/or his/her designee(s), to provide municipal financial advisory services in connection with direct financial obligations of the City and its non-Airport Enterprises, including but are not limited to General Obligation Bonds, Certificates of Participation, Excise Tax Revenue B...

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