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Home My WebLink AboutR-80-0207JMH/rr 3/18/80 RESOLUTION NO.. 80 2 0 7 ..A RESOLUTION APPROVING, CONFIRMING AND:RATIFYING'"THE 'CITY,"MANAGER'S ACTION IN"ENGAGING THE PROFESSIONAL SERVICES: OF ARTHUR YOUNG AND COMPANY, AS ACCOUNTANTS, FOR""THE""EXPRESS PURPOSE OF .CONDUCTING AN ADMINISTRA- TIVE STUDY FOR.THE MIAMI CITY. EMPLOYEES' 'RETIREMENT,,:, SYSTEn=BOARD.FOR A PERIOD COMMENCING""OCTOBER 25_"19799 SUBJECT.TO THE TERMS AND CONDITIONS CONTAINED, -IN THE ATTACHED CONTRACT, WITH $12,000 ALLOCATED ""THEREFOIR FROM C0DE.260601-060210 "PENSION TRUST AND. AGENCY"EUND.'.',O.F THE 1978-89 FISCAL BUDGET, AS.,REFLEC.TED:'.IN"ORDINANCE . NO' 8989, PASSED AND ADOPTED SEPTEMBER"27, 1979,, B,E,IT RESOLVED BY, THE COMMISSION OF THE, "CITY "OF MIAMI, FLORIDA: Section"1, The action of the City`Manager in engaging." the professional.service"s of Arthur Young -and Company, -as., ac"cou.ntants, for"- the _express purpose.of- conducting an adminis- trative study"for the"Miami:City. Employees' Retirement,Sy&t"em Board, "for a period commencing "October- 251 1979,",subjectto" the terms and conditions,as"contained".in the"attached-'contract," with "$12.1000.hereby allocated therefor from: Code.:260601-060210 "Per_s 4 ^^ TruU.` ^""","Agency. Fundof the _1978--7-9..11scaT -budget",- as reflected:in`Ordinance"No. 8989, passed""and adopted':Septem- ber..27,-1979, 1s hereby approved, confirmed and :rat ifie"d. PASSED AND ADOPTED this day of 1980... "SUPPORTIVE 1 V I1 MAURICE A. FERRE " cTryTEST: � "DOCUMENT INDEX RALTii GONGIE!, IT�. I PREPARED AND. APPROVED BY: J:,MICHAEL HAYGOOD " ASST:STANIT rT.TV ATTORNEY AA TO FORM ND .CORRECTNESS GEORG F.iKNOX, R. CITY" /'TARNEY CITY COMMISSION MEETING OF MAR 19 1980 80.2( RfsownONno ...................... REWRM............................ 0 AG R E 1EM k N'r THIS AGREEIIIENT. is made and entered into this day- of between the CITY OF MIAMIFLORIDA (N e i 19 $-by and , er nafter referred to as. the "CITY").,a nd ARTHUR, YOUNG AND COMPANY (hereinafter referred'as the A rrn"sjnMAW1 C L WHEREAS, the CITY desires: -to commission anaccounting firm for thepurposes of. condlicting.an administrative, stuidy'for the-MIAMI CITY'EMPLOYEW-RETIREMENT SYSTDI BOARD; and, WHEREAS. the,ACCOUNTANTS,, having bee'n-'advise"d, oft*he scope, of services require.d,,heieunder,',an.d'having expressed the desire and willingness to provide such services, and having-pr6sented.qualifications to,the City"i in support of said.ddlsires; and WHEREAS, as a result'of the aforemention'ed,mutual,undersfanding,', the CITY desires, to enter into the Agreement with the ACCOUNTANTS;'''and WHEREAS, the City Manager.has-been authorized by the City Commission, by Resolution No. dated ,.-to : commission the ACCOUNTANTS to perform certain services and theACCOUNTANTS agree to perform, such services upon the terms and conditionshereinafter'set forth; NOW, THEREFORE, in consideration of'the premises and 'the mutual 'covenants C', )herein contained, the CITY agrees to.commisslon the ACCOUNTANTS, -and -the LA ACCOUNTANTS agree to perf orm all required services in connection with And upon the terms and conditions hereinafter described: is TERM 'The, term. of this Agreement sfiall.be for a period of. no more than e Igh t'' (8) weeks,- commencing October 25,.1979, subject -to the right of'th'e parties.,by mutual -agreement to,extend the term' of, the. -Agreement, Either1pafty,hereto . has, the right: -,to cancel - this Agreement upon giving seven' days `priorwritten notice. II. -COMPENSATION. A. The ACCOUNTANTS shall receive compensation in an amount not to exceed Twelve Thousand Doll s, ($12'000.60), pa 1` o y':,,,basis . -Said ar payable , I n.. a monOl amount shall.cons'titute fees and, out of pocket expenses incurred by , y the ACCOUNTANTS in performance of this Agreement.. 80-207 B. In the event either party cancels.this Agreement, the compensa- tion shall be .paid up to the effective date of. cancellation. C. The'ACCOUNTANTS, and agents thereof, shall be deemed'to be independent contractors and not agents or employees of the CITY, and shall not attain any rights or benefits under the Civil Service or. Pension Ordinances of the CITY, or any .rights generally..afforded classified or unclassified em- ployees. . III.. PERFORMANCE. The ACCOUNTANTS' professional services and work product shall be performed in accordance with :the: NORK PLAN" as. reflected in a letter.dated October 3, 1979 from the ACCOUNTANTS-to'Board Members of MIAMI CITY EMPLOYEES'..RETIREMENT SYSTDI ' and PLAN. (Attaciiment) . Said letter* shall be _ deemed to be. 'a': part of the Agreement herein.. IN WITNESS WHEREOF ,.the',parties hereto have caused_this'instrument to: be cutedin�their names b e exe �y the persons thereunto legahy .qualified and authorized, all as of the day and„year first above written. ATTEST.; -CITY: OF MIAMI, FLORIDA - By, - CITY CLERK:. CITY MANAGER WITNESS ARTHUR-YOUNG.AND COMPANY By _- : WITNESS PREPARED AND APPROVED:BY: .1. MICHAEL.HAYGOOD Assistant City Attorney --- - _ 80-207 JFebruary.25, 1980 Joseph R. Gra5sie City Manager Finalizing Contract with. Arthur.Young and Company Elena Rodriguez Administrator 2 :�. Retirement System The System, Board on August 30, 1979 and the Plan Board on October 19,... 1979:authorized by motion engaging Arthur Young,and,Company to conduct an administrative study of the'Pension Office and authorized the expenditure of up to-$6,000.00 by each respective Board. The objective. of the Administrative Study would be the realization of efficiencies., in the administration of the System,and.Plan _and;'the improvement in the, administrative services_.provided.their.members. The cost for this study was, allocated by the.City commission on. September.27, 1979 by Ordinance.#8989. SUIPP"' ER:js, FOLLOW.Yf j i i