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EVERETT CITY COUNCIL AGENDA ITEM COVER SHEET 3 <br /> PROJECT TITLE: <br /> Professional Services Briefing COUNCIL BILL# <br /> Agreement with Financial Proposed Action Originating Department Public Works <br /> Consulting Solutions Group for Consent Contact Person Matt Welborn <br /> the 2012 Water and Sewer Cost Action Phone Number 425-257-8974 <br /> of Service Study First Reading FOR AGENDA OF March 14,2012 <br /> Second Reading <br /> Third Reading <br /> Public Hearing <br /> Budget Advisory Initialed by: <br /> Department Head <br /> CAA <br /> Council President <br /> Location Preceding Action Attachments Departint(s pproval <br /> Amount Budgeted $178,000.00 <br /> Expenditure Required $148,599.00 Account Number(s):401 5 300 119 923 410 <br /> Budget Remaining $29,401.00 <br /> Additional Required -0- <br /> DETAILED SUMMARY STATEMENT: <br /> The City of Everett Water and Sewer rate ordinance is in its final year. Public Works has not performed a <br /> comprehensive,third-party review of utilities rates in ten years. Public Works would like to contract with <br /> Financial Consulting Solutions Group to perform a water and sewer cost of service study. The cost of this <br /> study will not exceed$148,599. <br /> RECO1VIMENDATION(Exact action requested of Council): <br /> Authorize the Mayor to sign a Professional Services Agreement with Financial Consulting Solutions Group <br /> for the 2012 Water and Sewer Cost of Service Study in the amount of$148,599. <br /> 25 <br />