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Agreement with Urban Futures & BBK <br />September 3, 2019 <br />Page 3 <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this item supports the City's effort to meet Goal #4 — City Financial Stability, <br />Objective #2 — (Provide a reliable five-year financial forecast that ensures financial stability in <br />accordance with the strategic plan), Strategy D (Conduct an assessment of the City's debt and <br />refinancing options to achieve savings). <br />FISCAL IMPACT <br />All costs associated with this transaction will be paid at closing of the Refunding Process, <br />with proceeds from the refunding 2019 Bonds scheduled for November/December 2019. <br />&&M <br />Kathryn Downs, CPA <br />Executive Director <br />Finance and Management Services Agency <br />Exhibits: <br />1. Letter from State Controller's Office dated July 25, 2019 <br />2. Urban Futures Inc. Agreement <br />3. Best Best & Krieger, LLP Agreement <br />25B-3 <br />