Resolution No. SI-R23-002: Act Authorizing Contracting for Portfolio Monitoring Services

At a duly called meeting of the Council of San Ildefonso Pueblo on the 14th day of March , 2023, the following Resolution was adopted:

WHEREAS, the Pueblo de San Ildefonso ("Pueblo") is a sovereign and self-governing Tribe, recognized as such by the United States of America; and

WHEREAS, the sovereign authority of the Pueblo is vested in its Council and Governor; and

WHEREAS, the Pueblo has trust funds administered by the Bureau of Indian Affairs; and

WHEREAS, the Pueblo has determined the need to contract with a portfolio monitoring company with special expertise to review the Pueblo's trust funds and investigate any potential claims.

NOW THEREFORE BE IT RESOLVED; that the Council hereby enacts the attached law entitled, "ACT AUTHORIZING CONTRACTING FOR PORTFOLIO MONITORING SERVICES."

CERTIFICATION

The foregoing resolution was duly voted upon by the Council on March 14, 2023, at a meeting with a vote of 9 in favor, 0 opposed, 0 abstaining and 1 absent (Governor presiding and not voting) pursuant to the authority vested in the Council by the Agreement of the Pueblo de San Ildefonso.

Irene Tse-Pe, Council Secretary

COUNCIL REPRESENTATIVE SPONSOR(S): Council Representatives

DELIVERY OF THE RESOLUTION TO THE GOVERNOR:

Resolution No. SI-R23-002 was presented to the Governor of the Pueblo de San Ildefonso on the 14^th day of March , 2023, pursuant to the Governing document of the Pueblo de San Ildefonso ("Agreement"), GOVERNOR, Sec. 4 (c), and will become effective after signature by the Governor or veto override by the Council.

Irene Tse-Pe, Council Secretary

GOVERNOR'S ACTION:

{ X } APPROVED

{ } VETO - RETURNED TO COUNCIL WITH EXPLANATION:

On this 15^th day of March, 2023.

Christopher A. Moquino, Governor

Presented by the Governor to the Council on the ____ day of ____________, 2023.

COUNCIL'S ACTION:

Override of Governor's veto:

{ } YES

{ } NO

CERTIFICATION

The foregoing resolution was duly voted upon by the Council on _________________, 2023, at a meeting with a vote of ______ in favor, _____ opposed, _____ abstaining and _____ absent (Governor presiding and not voting) pursuant to the authority vested in the Council by the Agreement of the Pueblo de San Ildefonso.

Irene Tse-Pe, Council Secretary

ACT AUTHORIZING CONTRACTING FOR PORTFOLIO MONITORING SERVICES

Section 1.1. Short Title

This enactment shall be known as the "ACT AUTHORIZING CONTRACTING FOR PORTFOLIO MONITORING SERVICES" ("the Act").

Section 1.2. Purpose

The purpose of this Act is to authorize and direct the Governor of the Pueblo to negotiate a contract with a portfolio monitoring company with specialized experience to monitor the Pueblo's trust fund accounts and investigate any potential claims involving investment of the Pueblo's trust accounts.

Section 1.3. Findings

The Council hereby finds and declares that:

(a) the Pueblo has trust funds administered by the Bureau of Indian Affairs.

(b) the Pueblo has determined the need to contract with a portfolio monitoring company with special expertise to review the Pueblo's trust funds and investigate any potential claims involving investment of the Pueblo's trust accounts.

Section 1.4. Authorizations

(a) The Governor is directed and authorized to negotiate and execute a contract with a portfolio monitoring company with specialized expertise to review the Pueblo's trust funds accounts and investigate any potential claims regarding the investment of the Pueblo's trust funds.

(b) The provision of such services shall be provided on a contingency-fee basis.

(c) Sole source contracting is authorized for a qualified company.