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AGENDA ITEM: Approval of (1) Amendment No. 1 to City Contract No. 2013-060, <br />Development of Impact Fees, Infrastructure Improvement Plan and Associated <br />Documents, and Analysis and Development of Utility Rates authorizing assignment; and <br />(2) the Assignment and Assumption Agreement between ARCADIS U.S., Inc., and <br />Raftelis Financial Consultants, Inc. <br />Raftelis Financial Consultants is a national firm based in Charlotte, NC; the Prescott <br />project will be accomplished in their Denver office. Red Oak Consulting was performing <br />the contract work in their own Denver office as well. <br />Raftelis Financial Consultants has been in business for twenty (20) years with over forty <br />(40) professionals providing management and financial services to local government <br />utilities including the Arizona municipalities of Phoenix, Tucson, Glendale, Chandler, <br />Tempe, Peoria, Goodyear, Scottsdale, Gilbert, Avondale and Surprise. <br />Financial <br />Invoices for services leading up to the assignment will be processed by Red Oak <br />Consulting. Future services will be invoiced by Raftelis Financial Consultants. FY 2014 <br />funding for this assigned contract is available in multiple City funds. <br />Attachments <br />- Contract Amendment No. 1 <br />- Assignment and Assumption Agreement <br />Recommended Action: (1) MOVE to approve Contract Amendment No. 1 to City <br />Contract No. 2013-060; and (2) MOVE to approve the Assignment and Assumption <br />Agreement between ARCADIS U.S. Inc., and Raftelis Financial Consultants, Inc. <br />2 <br />