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HomeMy WebLinkAbout2025-09 Bremerton Contract Extension No 4_Adopted_AMENDMENT TO INVESTMENT ADVISORY SERVICES AGREEMENT PURPOSE OF THIS AMENDMENT: To provide for the extension of the Investment Advisory Services Agreement between the City of Bremerton and Government Portfolio Advisors. This amendment updates the original agreement dated September 2020 and will extend the term for 24 months from September 1, 2025 to September 1, 2027. The fee for the renewal period will remain unchanged at $25,000 annually. TERMS AND CONDITIONS: Except as amended herein, all other terms and conditions of the original agreement apply to this Amendment. Notices and reports as called for herein shall be mailed, in the care of: ACCOUNT: City of Bremerton 345 6th Street, Suite 600 Bremerton, WA 98337 Phone: (360) 473-5303 Michael Riley Director of Financial Services ADVISOR: Government Portfolio Advisors, LLC. 6650 SW Redwood Lane, Suite 365 Portland, OR 97224 Phone: (503) 248-9973 Deanne Woodring President AGREED TO AND ACCEPTED: CITY OF BREMERTON _________________________________________ Signature _________________________________________ Printed or Typed Name _________________________________________ Title _________________________________________ Date AGREED TO AND ACCEPTED: GOVERNMENT PORTFOLIO ADVISORS, LLC. _________________________________________ Signature _________________________________________ Printed or Typed Name _________________________________________ Title _________________________________________ Date Deanne Woodring President 8/1/2025 Director of Financial Services Michael Riley Aug 1, 2025 9-2025 Bremerton Contract Extension No 4 Final Audit Report 2025-08-01 Created:2025-08-01 By:Whitney Maher (whitney@gpafixedincome.com) Status:Signed Transaction ID:CBJCHBCAABAAUTGlWzknBTtLOx2pAshHLphkWcHt9Iz9 "9-2025 Bremerton Contract Extension No 4" History Document created by Whitney Maher (whitney@gpafixedincome.com) 2025-08-01 - 10:42:14 PM GMT Document emailed to Mike Riley (mike.riley@ci.bremerton.wa.us) for signature 2025-08-01 - 10:42:51 PM GMT Email viewed by Mike Riley (mike.riley@ci.bremerton.wa.us) 2025-08-01 - 11:29:33 PM GMT Document e-signed by Mike Riley (mike.riley@ci.bremerton.wa.us) Signature Date: 2025-08-01 - 11:29:47 PM GMT - Time Source: server Agreement completed. 2025-08-01 - 11:29:47 PM GMT