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HomeMy WebLinkAboutCRA-R-05-0004 LEGISLATIONCity of Miami Legislation CRA Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.ci.miami.fl.us File Number: 04-01377 Final Action Date: A JOINT RESOLUTION OF THE BOARDS OF DIRECTORS OF THE SOUTHEAST OVERTOWN/PARK WEST AND OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCIES ("CRAS") AUTHORIZING THE EXECUTIVE DIRECTOR TO EXERCISE THE CRAS' OPTION TO EXTEND THE AGREEMENT FOR EXTERNAL AUDITING SERVICES WITH SANSON, KLINE, JACOMINO & COMPANY, LLP, FOR ONE YEAR AT A COST NOT TO EXCEED $ 46,000; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO REQUEST SINGLE AUDIT SERVICES, IF REQUIRED, AT AN ADDITIONAL COST NOT TO EXCEED $7,000; FUNDS TO BE ALLOCATED AS FOLLOWS: $38,000 FROM SEOPW TIF FUND, "PROFESSIONAL SERVICES -ACCOUNTING," ACCOUNT CODE NO. 689001.550108.6.280 AND $15,000 FROM OMNI TIF FUND, " PROFESSIONAL SERVICES -ACCOUNTING," ACCOUNT CODE NO. 686001. 590320.6.280. WHEREAS, after considering the rankings of the evaluation committee and the recommendation of the Executive Director, the Boards of Directors of the Southeast Overtown/Park West and Omni Redevelopment District Community Redevelopment Agencies ("CRAs"), by Resolutions Nos. SEOPW/ CRA R-03-98 and Omni/CRA R-03-67, both passed and adopted on December 8, 2003, authorized the engagement of Sanson, Kline, Jacomino & Company, LLP to provide external auditing services for Fiscal Years 2003 and 2004 with the option to renew for three (3) additional one year periods; and WHEREAS, the Executive Director has negotiated a base fee for external auditing services for Fiscal Year 2005, the first option year, of $46,000, with an additional fee of $7,000 if a single audit is required; and WHEREAS, the Boards of Directors wish to authorize the Executive Director to exercise the option to extend the agreement for external auditing services with Sanson, Kline, Jacomino & Company, LLP for Fiscal Year 2005 and to authorize the Executive Director to request single audit services if required; NOW, THEREFORE, BE IT RESOLVED BY THE BOARDS OF DIRECTORS OF THE SOUTHEAST OVERTOWN/PARK WEST AND THE OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCIES OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated herein as if fully set forth in this Section. Section 2. The Executive Director is authorized to exercise the CRAs' option to extend the agreement for external auditing services with Sanson, Kline, Jacomino & Company, LLP for one year at a cost not to exceed $46,000. Section 3. The Executive Director is further authorized to request single auditing services, as City of Miami Page 1 of 2 Printed On: 1/20/2005 File Number: 04-01377 required, at an additional cost not to exceed $7,000. Section 4. Funds are to be allocated as follows: $38,000 from SEOPW TIF Fund, "Professional Services -Accounting," Account Code No. 689001.550108.6.280 and $15,000 from Omni TIF Fund, " Professional Services -Accounting," Account Code No. 686001.590320.6.280. Section 5, This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: JORG L. ' NANDEZ GENE AL #OUNSEL City of Miami Page 2 of 2 Printed On: I/20/2005