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Home My WebLink AboutM2025-092 - 07/22/2025City of Corpus Christi July 22, 2025 Motion: M2025-092 1201 Leopard Street Corpus Christi, TX 78401 cctexas.com File Number: 25-0986 Enactment Number: M2025-092 Motion authorizing execution of a two-year professional services agreement, with two two-year options, with Hilltop Securities Asset Management, LLC, of Austin in an amount not to exceed $240,000.00, with a potential up to $750,000.00 if the options are exercised, for investment advisor services, with FY 2026 funding of $120,000.00 from the General Fund, subject to approval of the annual budget. At a meeting of the City Council on 7/22/2025, this Motion was passed. Aye: 8 Council Member Barrera, Council Member Vaughn, Council Member Hernandez, Council Member Campos, Mayor Guajardo, Council Member Scott, Council Member Paxson, and Council Member Roy Absent: 1 Council Member Cantu Abstained: 0 Paulette Guajardo, May Attest:ILZ&. Vep, Rebe a Huerta, City S cretary City of Corpus Christi Page 1 Printed on 7/23/25 SCANNED CITY OF CORPUS CHRISTI CERTIFICATION OF FUNDS (City Charter Article IV, Sections 7 & 8) I, the Director of Financial Services of the City of Corpus Christi, Texas (or his/her duly authorized representative), hereby certify to the City Council and other appropriate officers that the money required for the current fiscal year's portion of the contract, agreement, obligation or expenditure described below is in the Treasury to the credit of the Fund specified below, from which it is to be drawn, and has not been appropriated for any other purpose. Future payments are subject to annual appropriation by the City Council. City Council Action Date: July 22, 2025 Legistar Number: 25-0986 Agenda Item: Motion authorizing execution of a two-year professional services agreement, with two two-year options, with Hilltop Securities Asset Management, LLC, of Austin in an amount not to exceed $240,000.00, with a potential up to $750,000.00 if the options are exercised, for investment advisor services, with FY 2026 funding of $120,000.00 from the General Fund, subject to approval of the annual budget. Amount Required: $0.00 Fund Name Accounting Account No. Activity No. Amount II ,I 6, n e r,d _ VtAJt of (Unit 1 O(63 0 ' 5 � J c 3O ° o $ Total $ 0 Certification Not Required Director of Financial Services Date: