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HomeMy WebLinkAboutCRA-R-08-0033 Legislation• • • City of Miami Legislation CRA Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 08-00756 Final Action Date: A JOINT RESOLUTION OF THE BOARDS OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST AND OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCIES ("CRAS") ACCEPTING THE EXECUTIVE DIRECTOR'S RECOMMENDATION OF SANSON, KLINE, JACOMINO & COMPANY, LLP ("SKJ") TO PROVIDE EXTERNAL AUDITING SERVICES TO THE CRAS; AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE AN AGREEMENT, IN A FORM ACCEPTABLE TO GENERAL COUNSEL, WITH SKJ FOR EXTERNAL AUDITING SERVICES FOR AN INITIAL TERM OF TWO (2) YEARS AT AN ANNUAL FEE FOR BASIC AUDIT SERVICES NOT TO EXCEED $44,000 FOR FY'08 AND $44,000 FOR FY'09 WITH AN OPTION TO INCLUDE SINGLE AUDIT SERVICES, IF REQUIRED, FOR AN ADDITIONAL FEE NOT TO EXCEED $7,000 PER YEAR, AND WITH OPTIONS TO RENEW FOR THREE (3) ADDITIONAL ONE (1) YEAR PERIODS; FURTHER PROVIDING THAT SHOULD THE CRAS BE UNABLE TO REACH AN AGREEMENT WITH SKJ, THE EXECUTIVE DIRECTOR IS AUTHORIZED TO NEGOTIATE AND EXECUTE AN AGREEMENT, IN A FORM ACCEPTABLE TO GENERAL COUNSEL, WITH S. DAVIS & ASSOCIATES, P.A.; FUNDS TO ALLOCATED AS FOLLOWS: FOR EACH FISCAL YEAR $33,000 FROM SEOPW TAX INCREMENT FUND, ENTITLED "ACCOUNTING AND AUDITING," ACCOUNT CODE NO. 10050.920101.532000.0000.00000, AND FOR EACH FISCAL YEAR $11,000 FROM OMNI TAX INCREMENT FUND, ENTITLED ACCOUNTING AND AUDITING," ACCOUNT CODE NO. 10040.920101.532000,0000.00000. WHEREAS, the Boards of Commissioners of the Southeast Overtown/Park West and Omni Redevelopment District Community Redevelopment Agencies ("CRAs") desire that the CRAs employ an external auditor to perform an annual audit in accordance with generally accepted accounting principles, as required by the Florida Statutes; and WHEREAS, the Boards of Commissioners, by Resolution No. CRA-R-08-0008, passed and adopted on February 25, 2008, authorized the issuance of a Request for Proposals ("RFP") for external auditing services; and WHEREAS, on May 8, 2008, the CRAs issued an RFP for external auditing services; and WHEREAS, on May 23, 2008, four (4) proposals were received by the Clerk of the Board and forwarded to the CRA for consideration; WHEREAS, a committee consisting of Mr. Larry Spring, Ms. Diana Gomez, and Mr. Miguel Valentin, was formed to evaluate the responses and recommendation Sanson, Kline, Jacomino & Company, LLP ("SKJ"); and WHEREAS, the Executive Director has considered the responses and the recommendation of City of Miami Page 1 of 2 Printed On: 6/20/2008 File Number. 08-00756 • • • the committee and recommends selection of SKJ; and WHEREAS, the Board of Commissioners wishes to accept the Executive Director's recommendation and authorize the Executive Director to negotiate and execute an agreement, in a form acceptable to General Counsel, with SKJ; NOW, THEREFORE, BE IT RESOLVED BY THE BOARDS OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST AND 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 Boards of Commissioners accepts the Executive Director's recommendation of Sanson, Kline, Jacomino & Company, LLP ("SKJ") to provide external auditing services to the Southeast Overtown/Park West and Omni Redevelopment District Community Redevelopment Agencies ("CRAs"). Section 3. The Executive Director is authorized to negotiate and execute an agreement, in a form acceptable to General Counsel, with SKJ for external auditing services for an initial term of two (2) years at an annual fee for basic audit services not to exceed $44,000 for FY '08 and $44,000 for FY '09 with an option to include single audit services, if required, for an additional fee not to exceed $7,000 per year, and with options to renew for three (3) additional one (1) year periods. Section 4. Should the CRAs be unable to reach an agreement with SKJ, the Executive Director is authorized to negotiate and execute an agreement, in a form acceptable to General Counsel, with S. Davis & Associates, P.A. Section 5. Funds to be allocated as follows: for each fiscal year $33,000 from SEOPW Tax Increment Fund, entitled "Accounting and Auditing," Account Code No. 10050.920101.532000.0000.00000, and for each fiscal year $11,000 from Omni Tax Increment Fund, entitled "Accounting and Auditing," Account Code No. 10040.920101.532000.0000.00000. Section 6. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND CORRECTNESS: JULIE O. BRU GENERAL COUNSEL City of Miami Page 2 of 2 Printed On: 6/20/2008