Dept/ Agency: Finance Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: Professional Service Contract Purpose: To provide Financial Advisory Services. Entity Name: NW Financial Group, LLC Entity Address: 2 Hudson Place, Hoboken, New Jersey 07030 Contract Amount: Not to exceed $350,000.00 Funding Source: Bond Proceeds Contract Period: July 10, 2020 through July 9, 2021 Contract Basis: ( ) Bid ( ) State Vendor (X) Prof. Ser. ( ) EUS ( ) Fair & Open (X ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information: The City is not obligated to expend any monies or incur any expenses under this contract. The Vendor will be paid from Bond Proceeds. No Certification of funds is required.