HomeMy WebLinkAboutCRA-R-07-0005 cover memoSOUTHEAST OVERTOWN/PARK WEST
AND OMNI
COMMUNITY REDEVELOPMENT AGENCIES
INTER -OFFICE MEMORANDUM
SEOPW & Omni Boards of Commissioners Meeting
February 26, 2006
Item #2
To: Board Chair Michelle Spence -Jones Date: February 16, 2007 File: 07-00114
and Members of the CRA Board
From: James H. Villacorta '; c/
Executive Director;y..
Subject: Resolution Exercising Option to Renew
External Auditing Services for FY'07
References:
Enclosures: Supporting Documentation,
Legislation
BACKGROUND:
The attached Joint Resolution of the Southeast Overtown/Park West and Omni Redevelopment District
Community Redevelopment Agencies ("CRAs") authorizes the Executive Director to exercise the CRAs'
option to extend the agreement for financial auditing services with Sanson, Kline, Jacomino & Company,
LLP ("SKJ") through Fiscal Year 2007 at a base fee of $46,000.
JUSTIFICATION:
Florida Statutes Section 163.387(8) mandates that "[e]ach community redevelopment agency shall
provide for an independent financial audit of the trust fund each fiscal year ..." After evaluation of the
responses to a Request for Proposals, SKJ was selected to provide auditing services to the Overtown
and Omni CRAs. The agreement with SKJ provides that the CRA may extend its term through Fiscal
Year 2007. The attached resolution provides for the acceptance of SKJ's proposal for the CRAs' required
external audit for Fiscal Year 2007.
FUNDING SOURCE:
$34,500, from SEOPW TIF Fund, "Auditing and Accounting Services," Account Code No.
10050.920101.532000.0000.00000
$11,500, from OMNI TIF Fund, "Auditing and Accounting Services," Account Code No.
10040.920101.532000.0000.00000.