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File #: 21-2469   
Type: Payment Ordinance Status: Adopted
Meeting Body: City Council Formal Meeting
On agenda: 10/27/2021 Final action: 10/27/2021
Title: Bloomberg LP, doing business as Bloomberg Finance LP

Title

Bloomberg LP, doing business as Bloomberg Finance LP

 

Description

For $225,000.00 in additional payment authority through Oct. 31, 2026 to continue essential On-Line Investment Market Information and News Service subscription used in the daily monitoring of the City's investments, track bond market activity and facilitate daily investment accounting functions for the Finance Department. The service is an investment and security information source for the financial and investment community. All City approved broker-dealers use Bloomberg to facilitate the security bidding process.