HomeMy WebLinkAboutCRA-R-13-0045 Cover MemoSEOPW Board of Commissioners Meeting
July 25, 2013
SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY
1NTER-OFFICE MEMORANDUM
To: Board Chair Michelle Spence -Jones
and Members of the CRA Board
Date: July 18, 2013 File: 13-00847
Subject: Resolution Accepting Selection of External
Auditor.
From. Lrence E. Woods, Ill References:
Executive Director
Enclosures: Supporting Documentation; Legislation
BACKGROUND:
The attached Resolution accepts the Executive Director's recommendation of Sanson, Kline, Jacomino, Tandoc
& Gamarra, LLP ("SKJGT") to provide external auditing services to the Southeast Overtown/Park West
Community Redevelopment Agency, and authorizing the execution of an agreement with SKJTG for external
auditing services for an initial term of two (2) years at an annual fee for basic audit services not to exceed
$25,000 per year, for a total amount not to exceed $50,000 for the initial two-year term, with options to renew for
three (3) additional one (1) year periods.
On March 18, 2013, the CRA issued a Request for Proposals ("RFP") No. 13-001 for the provision of external
auditing services. Thereafter, on May 6, 2013, five (5) proposals in response to RFP No. 13-001 were received
by the Clerk of the Board and forwarded to the CRA for consideration. A committee consisting of Erica Paschal,
Terry Y. Kwong, and Miguel Valentin was formed to evaluate the proposals received in response to RFP No. 13-
001, and ultimately recommended the selection of SKJTG. The Executive Director, after considering the
proposals and the committee's decision, recommends the selection of SKJTG, and seeks authorization to
execute an agreement with SKJTG.
JUSTIFICATION:
Section 163.387(8), Florida Statutes, mandates that "[eaach community redevelopment agency shall provide for
an independent financial audit of the trust fund each fiscal year...." This Resolution allows the CRA to comply
with the aforementioned statutory requirement.
FUNDING:
$50,000 from SEOPW Tax Increment Fund, entitled "Accounting and Auditing,' Account Code No.
10050.920101.532000.0000.00000.