RES 1739 01/13/2026 Valley View Consulting (Professional Services Agreement)rExAS
"City of -Choice"
'RESOLUTION NO. 1739
A: RESOLUTION -OF THE CITY OF CIBOLO: TEXAS; APPROVING AND
AUTHORIZING THE CITY MANAGER TO EXECUTE A -PROFESSIONAL
SERVICES AGREEMENT WITH VALLEY VIEW CONSULTING; L.L.C.
FOR INVESTMENT ADVISOR SERVICES;'. DETERMINING:THAT THE
'MEETING AT WHICH THIS RESOLUTION WAS PASSED WAS IN
ACCORDANCE WITH THE .REQUIREMENTS .OF THE TEXAS -OPEN
MEETINGS ' ACT; MAKING OTHER FINDINGS AND PROVISIONS
RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DATE.
WHEREAS, the Public Funds Investment Act (PFIA), Chapter 2256 provides fore
the investment.of public funds; and,
WHEREAS,,it is in the:best interest of the City of Cibolo (City) to invest local funds
in investments that provide for the preservation and safety of principal,. liquidity', yield
consistent with the PFIA; and,
WHEREAS, investment advisors possess knowledge; expertise and
specialization,.: providing --investment information and recommendations related to
complying with the PFIA, developing . appropriate investment policies and strategies,
monitoring market. conditions, overseeing risklreturn analysis, and diversification of the
.. portfolio; -and,
WHEREAS, Valley View Consulting, L.L.C., a SEC registered investment advisor,
.has submitted a .proposal to provide non -discretionary management of the City's
investmentportfolio; and,
WHEREAS,, the City desires.to engage Valley View Consulting., L.L.C.,.for such
purposes; and,
WHEREAS, investment advisory service is a professional service, and as such,
bidding requirements are not applicable; and
WHEREAS, in compliance with the .PFIA, a.. contract,. for investment advisory,
services must be approved by the governing. body by: order, ordinance, or resolution for
a term not to exceed two years.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF CIBOLO, TEXAS:
SECTION 1. That the findings set out in the preamble to this resolution are hereby,
in all things approved and adopted.
SECTION 2: That the City Manager, the City:Manager's designee or other official
of the City as shall be required, are hereby authorized and directed.to execute any and
all contracts and other documents, incident to the Agreement between the City and Valley
View Consulting, L.L.C. for investment advisory services.
SECTION 3. That themeeting at which the aforesaid proposal was accepted was
in all things .conducted in strict: compliance with the Texas. Open Meetings Act.
SECTION 4. That all provisions of the resolutions ,of the City in conflict with, the
provisions of this Resolution and the same are hereby, repealed, _and all other provisions
of the resolutions of the City not in conflict with the provisions of this Resolution shall
:remain in full force and effect.
SECTION 5. That this resolution shall become effective from and after its
passage..
DULY RESOLVED AND ADOPTED by the City Council, City of Cibolo, Texas, on
this 13th day of January, 2026.
vor
ATTEST:
Peggy Cimics, TRMC
City Secretary