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HomeMy WebLinkAboutR-82-0933RESOLUT TON No. A RESOLUTION AUTHORIZING THE CITY (MANAGER TO EXTEND FOR SIX (6) MONTHS THE TERM OF THE EXISTING PROFESSIONAL SERVICES AGREEMENT DATED OCTOBER 30, 1981, WITH E.P. IACONIS, CERTIFIED PUBLIC ACCOUNTANT, FOR COST REVIEW AND AUDITS, AS NECESSARY, AND AS DETERMINED BY THE ASSISTANT CITY MANAGER IN CHARGE OF TIIE CITY OF MIAMI/ UNIVERSITY OF MIAMI JAMES L. KNIGIIT INTERNATIONAL CENTER PROJECT OR THE PROJECT DIRECTOR; FURTHER AUTHORIZING THE EXPENDITURE OF FUNDS FOR THESE SERVICES, INCLUDING EXPENSES, NOT TO EXCEED THE ORIGINAL AUTJ10RI ZFD AMOUNT IN THE EXISTING AGREEMENT UNLESS FURTHER EXPRESSLY AUTHORIZED BY THE CITY COMMISSION. WHEREAS, the City of ?Miami/University of Miami James L. lni(-Iht International Center Project involves the expenditure of almost $100 million dollars in public funds; and WHEREAS, the source of these funds has been from the Federal Government, Revenue Bonds and other City capital funds; and WHIREAS, proper control of the expenditure of these funds is essential; and WHEREAS, by RCSOlUtion No. 81.-852, the City Commission authorized the City 111anager to enter into a Professional Services Agreement with F.P. Iaconis, Certified Public Accountant, for cost review and audits,as necessary,and as determined by the Assistant City Manager in charge of the City of Miami/University of Miami James L. Knight International Center project or the Project Director; and WHEREAS, on the 30th day of October 1981, an Agreement was executed for a term of one year commencing October 7, 1981, and terminating October 7, 1982; and WHEREAS, the funds authorized for these services have not been fully expended; and WHEREAS, the Project will not be completed until after October 7, 1982,and the cost review and audits can not be completed until the Project is completed; NOW, THEREFORE, BE IT RESOLVED BY TIIE COTAIIISSION OF THE CITY OF' MIAMI , FLORIDA: Section 1. The City Manager is hereby authorized to extend for six (6) months the term of the existing professional services Agreement dated October 30, 1982, with E.P. Iaconis, Certified Public Accountant, for cost review and audits as CITY COMMISSION MEETING OF 0 C T I 1 082 ti--93" MO. Itmull" ..................: 111ft"I ®rm.ft - - 0 0 necessary and as determined by the Assistant City Manager in charge of the City of Miami/'University of Miami James L. Knight International Center project or the Project Director. Section 2. The expenditure of funds for these services, plus expenses, shall not exceed the original authorized amount in the existing agreement unless further expressly authorized by the City commission. PASSED Ni D ADOPTED this 1.4th day of October , 1982. ATTEST: F � Rd-�pIi G. onclie, City Clerk PREPARED AND APPROVED BY: Robert F. Clark, Deputy City Attorney APPROVED AS TO FORM AND CORRECTNESS: 6 e R. Garcia -Pedrosa, City Attorney jP i - 2 - _ Maurice %. _Ferre Maurice A. Ferre, Mayor sr>k r2 r 0 0 CITY OF MIAMI. FLORIDA 29 INTER -OFFICE MEMORANDUM t r_ TO Howard V. Gary - a'.i LSeptem de'24, 1982 FILE City Mana SUBJECT Proposed Resolution to Extend for Six Months the Term of the Existing Professional Services Agreement with E.P.Iaconis, CPA, 11 FROM 1 a,Poms REFERENCES for the City of Miami/University Project Director of Miami James L. Knight Intl Conference Center ENCLOSURES Center Project Project It is recommended that the proposed resolution be adopted by the City Commission in its meeting of October 14, 1982, whereby the City Manager is authorized to extend for six (6) months the term of the existing Professional Services Agreement with E.P. Iaconis, Certified Public Accountant, for Cost Review and Audits as necessary on the City of Miami/University of Miami James L. Knight International Center project. The City of Miami/University of Miami James L. Knight International Center project involves the expenditure of approximately $100 million dollars in public funds from Revenue Bonds, City capital funds and Federal Government grants. Proper control of the expenditure of these funds is essential and by Resolution No. 81-852, the City Commission authorized the City Manager to enter into a Professional Services Agreement with E.P. Iaconis, Certified Public Accountant, for cost review and audits as necessary on the project. An Agreement was executed October 30, 1981 for a term of one year commencing on October 7, 1981 and terminating on October 7, 1982. Approximately half of the funds authorized for these services have been expended to date. The project will not be completed until after October 7, 1982, and the necessary cost review and audits can not be finalized until the project is completed. As indicated by the attached letter, dated September 3, 1982, E.P. Iaconis, Certified Public Accountant, has agreed subject to approval of the City to extend the terms of his existing Agreement with the City for six (6) months until April 7, 1983. Since the funds originally authorized for these services have not been fully expended, no additional funding is required. The construction of the Convention Center and the Parking Garage should be substantially completed before the end of this year, and it would be in the City's best interests to continue these professional services for cost review and audits as necessary until the project is completed. cc: Vincent E. Grimm, Jr. Terry Percy 8,2`9 3 0 i E. P.IACONIS 7951 SOUTHWEST 146TH STREET MIAMI. FLORIDA 33158 2 IVVr . I [, -. 1 II 1� 5 2 E ( 305 ) 238.7465 September 3, 1982 Mr. Allan I. Poms Project Director, Conference Center City of Miami 150 S. E. 2nd Avenue, 12th Floor Miami, Florida 33131 Dear Mr. Poms: This letter is to inform you that the current term of my Professional Services Agreement with the City of Miami, for pro- viding auditing assistance related to construction activities at the James L. Knight International Center, will be concluded as of October 7, 1982. Since only a small portion of the funds available under the contract have been expended to date, and since audit services will continue to be required, I request that the current Agreement be extended to October 7, 1983. In accordance with our Agreement, a small adjustment of 10% was applied to my rates as of April 7, 1982, and these are currently as shown on the attached schedule. I acknowledge that these rates will remain in effect for the period ending April 7, 1983. This will assure the City of a guaran- teed rate schedule in effect for a one-year period, after which ad- justments may be made in accordance with the Agreement. It is a pleasure to continue to serve this project and the City of Miami, and I look forward to our continued close association on this vital activity. EPI/dv a,:;1-: Very truly yours, E. P. Iaconis E. P. IACONIS, C.P.A. CITY OF MIAMI - SCHEDULE OF RATES APRIL 7, 1982 - APRIL 7, 1983 STAFF POSITION Engagement Director and Principal Auditor Advisory Auditor Senior Construction Consultant Audit Manager Senior Audit Accountant Staff Audit Accountant Administrative Specialist Administrative Assistant 0 HOURLY RATE Z?11U.UU 99.00 99.00 82.50 60.50 44.00 44.00 27.50 8ti--93