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City <br /> PettJ?\ AGENDA ITEM #3.9 <br /> Lakes <br /> REPORT TO <br /> CITY COUNCIL <br /> Report Prepared by: Sandy Peine, City Clerk <br /> Date: October 7, 2014 <br /> Subject: Agreement with Hildi Inc. for GASB 45 <br /> Actuarial Valuation <br /> Report: The attached agreement is for a GASB 45 <br /> Actuarial Valuation that will be done by Hildi, Inc. in the <br /> amount of$1,600. This valuation is required to be <br /> completed every three years by statute. <br /> I have included Exhibit 1 with this memo which states the <br /> terms and rate schedule. If anyone would like to review the <br /> entire agreement, please contact me and I will forward a <br /> copy. <br /> Council Action Requested: Council motion approving the <br /> attached agreement with Hildi, Inc. in the amount of <br /> $1,600. <br />