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HomeMy WebLinkAboutLegislationCity of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 08-00033 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING AN INCREASE IN THE PROFESSIONAL SERVICES AGREEMENT ("PSA") WITH MCGLADREY & PULLEN, LLP, PURSUANT TO RESOLUTION NO. 07-0543, ADOPTED SEPTEMBER 27, 2007, FOR ADDITIONAL EXTERNAL AUDITING SERVICES, IN AN AMOUNT NOT TO EXCEED $50,000, FOR THE FIRST YEAR OF THE PSA, FROM AN AMOUNT NOT TO EXCEED $380,000 TO AN AMOUNT NOT TO EXCEED $430,000, THEREBY INCREASING THE TOTAL CONTRACT AMOUNT FROM $1,180,000 TO $1,230,000; AUTHORIZING THE CITY MANAGER TO AMEND THE PSA FOR ADDITIONAL SERVICES REQUIRED BY THE CITY OF MIAMI ("CITY") WITHOUT FURTHER CITY COMMISSION ACTION IN THE AMOUNT NOT TO EXCEED 10% OF THE TOTAL ANNUAL AMOUNT, FOR EACH OF THE RESPECTIVE YEARS OR IN THE AGGREGATE, WHICHEVER COMES FIRST, PURSUANT TO SAID RESOLUTION; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE AMENDMENT NO. 1 TO THE PSA FOR EXTERNAL AUDITING SERVICES, IN SUBSTANTIALLY THE ATTACHED FORM, FOR SAID PURPOSE, ALLOCATING FUNDS FROM THE DEPARTMENT OF FINANCE GENERAL OPERATING BUDGET, ACCOUNT CODE NO. 00001.161000.532000, FOR SAID INCREASE. WHEREAS, pursuant to Resolution No. 07-0543, adopted September 27, 2007, the City Commission authorized the City Manager to negotiate and execute a Professional Services Agreement ("PSA") with McGladrey & Pullen, LLP; and WHEREAS, the City Manager and the Finance Director recommend increasing the PSA with McGladrey & Pullen, LLP, in the amount not to exceed $50,000, from $380,000 to $430,000, thereby increasing the total contract amount from $1,180,000 to $1,230,000; and WHEREAS, the Department of Finance requires an increase for external auditing services in order for the City of Miami's ("City's") auditors, McGladrey & Pullen, LLP, to perform additional testwork on the opening balances for Fiscal Year 2007 as a result of not being provided prior year audit workpapers for review by the City's previous external auditor, Rachiin, Cohen & Holtz, LLP; and WHEREAS, funds for said increase are available from the Department of Finance General Operating Budget, Account Code No. 00001.161000.532000; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. An increase in the PSA with McGladrey & Pullen, LLP, pursuant to Resolution No. 07-0543, adopted September 27, 2007, for additional external auditing services, in an amount not to City of Miami Page 1 of 2 Printed On: 1/19/2008 File Number: 08-00033 exceed $50,000, for the first year of the PSA, from an amount not to exceed $380,000 to an amount not to exceed $430,000, thereby increasing the total contract amount from $1,180,000 to $1,230,000, is authorized, with funds allocated from the Department of Finance General Operating Budget, Account Code No. 00001.161000.532000, for said increase. Section 2. The City Manager is authorized{1} to amend the PSA for additional services required by the City without further City Commission action in the amount not to exceed 10% of the total annual amount, for each of the respective years or in the aggregate, whichever comes first, pursuant to said resolution. Section 3. The City Manager is further authorized{1) to execute Amendment No. 1 to the PSA for External Auditing Services, in substantially the attached form, for said purpose. Section 4. The Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} APPROVED AS TO FORM AND CORRECTNESS: JORG F RNANDEZ CITY A 0 NEY Footnotes: {1} The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. {2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 2 of 2 Printed On: 1/14/2008