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Recommendation: Approve and authorize the City Manager to execute the amendment with <br /> Raftelis Financial Consultants, Inc. for an increase of $46,150 and extend the term of the <br /> agreement through December 31, 2023. <br /> Tamara Baptista, Interim Director of Operations Services, presented the item. <br /> Mayor Brown opened public comment. The following individuals provided comment: Rob Seeley, <br /> Linda Kelly. <br /> Mayor Brown closed public comment. <br /> MOTION: It was m/s by Nibert/Balch as recommended by staff to approve fourth amendment with <br /> Raftelis Financial Consultants, Inc. for an increase of$46,150 for water rate consulting services <br /> and when feasible, to accelerate the timeline of the committee's review for phase 1 of the water <br /> rate increases. Motion passed by the following vote: <br /> Ayes: Councilmembers Arkin, Balch, Nibert, Testa, Mayor Brown <br /> Noes: None <br /> Absent: None <br /> MATTERS INITIATED BY COUNCIL <br /> With majority consensus, Councilmember Balch requested a memorandum with additional analysis of <br /> the Water Enterprise Fund trajectory. <br /> With majority consensus, Mayor Brown requested a future discussion about municipal bonds or other <br /> financing options specifically for water treatment to be added into consideration along with the broader <br /> revenue generating options previously requested by Council on March 21, 2023. <br /> COUNCIL REPORTS —Councilmembers reported on regional and local agency meetings attended. <br /> ADJOURNMENT <br /> Mayor Brown adjourned the meeting at 9:57 p.m. <br /> Jocelyn Kwong, City Clerk <br /> City Council Minutes Page 7 of 7 April 18,2023 <br />