Docket Item 3

Staff Report & Agenda Item Details

3. Consider MRMG contract amendment. Mr. Wilson recognized Mr. Burton, who presented to and reviewed with the Board the Amended and Restated Agreement for Yield Restriction and Rebate Calculation Analysis (the “Amendment”), a copy of which is attached hereto as Exhibit B. He stated that MRMG provides arbitrage services for the District. He noted that the District has three outstanding bond issuances. He stated the Amendment increases the annual maintenance from $400 a year to $500 a year and increases the initial yield restriction and rebate calculation analysis fee for new bond issuances to $600 per bond issuance. 306231133.1 Upon motion by Director Higgins, seconded by Director Randall, after full discussion and the question being put to the Board, the Board voted unanimously to approve the Amendment.

This docket item is classified as NEUTRAL (0.0 Score Impact). Routine administrative reports, monthly accounts payable/disbursement registers, minutes approvals, and procedural motions are logged for public transparency but carry zero weight in calculating an official's Roll-Call Freedom Score.