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HomeMy WebLinkAboutPre-Legislation19-2006 10:21 From: CITY CLERK 3058581610 Illp' ,. "} , . City of Miami ,.:, Legislation Resolution: R-06-0428 To:Citu of Miami P.1/4 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.corn Filc Number: 06-009R7 Final Action Date:7/13/200b A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), AUTHORIZING AN INCREASE IN THE COMPENSATION AMOUNT OF THE PROFESSIONAL SERVICES AGREEMENT ("AGREEMENT") WITH RACHLIN, COHEN AND HOLTZ, LLP, PURSUANT TO RESOLUTION NO. 04-0458, ADOPTED JULY 8, 2004, FOR THE PROVISION OF EXTERNAL AUDITING SERVICES, IN AN A MOUNT NOT TO EXCEED $60,000, FOR THE SECOND YEAR OF THE AGREEMENT ONLY, FROM AN AMOUNT NOT TO EXCEED $370,000 TO $430,000, AND SUBSEQUENTLY, TO THE TOTAL CONTRACT AMOUNT FROM AN AMOUNT NOT TO EXCEED $1,109,000 TO $1,169,000; ALLOCATING FUNDS FROM THE DEPARTMENT OF FINANCE GENERAL OPERATING BUDGET, ACCOUNT CODE NO. 001000,260201.6.280; AUTHORIZING THE CITY MANAGER TO EXECUTE AN AMENDMENT TO THE AGREEMENT, IN SUBSTANTIALLY THE ATTACHED FORM, FOR SAID PURPOSE; AMENDING RESOLUTION NO. 04-0458, TO REFLECT SAID INCREASE. WHEREAS, Resolution No. 04-0458, adopted July 8, 2004, authorized the City Manager to negotiate and execute a Professional Services Agreement ("Agreement") with Rachlin, Cohen, and Holtz, LLP; and WHEREAS, the City Ma lager executed the Agreement for a three (3) year period, in an amount not to exceed $349,000 for the first year, an amount not to exceed $370,000 for the second year, and in an amount not to exceed $390,000 for the third year, for a total contract amount not to exceed $1,109,000; and WHEREAS, the City of Miami ("City") Department of Finance requires an increase to the contract due to the fact that additional time was required for field work from Rachlin, Cohen and Holtz, LLP, to perform the federal and stal and single audit; to determine the receivables and deferrals for various grants not recorded on the books and records of the City at the time the audit began back in December, including amour is for Federal Emergency Management Agency, Urban Areas Security Initiative, Urban Search and Rescue Task Force, and Community Development Funds; to determine taxes receivable and associated deferred revenues; to audit capital assets and determine correct balances to be reflected in tie City's financial statements; to validate and book additional entries provided by the City in March, 2006; to assist in the preparation of the City's financial statements and note disclosures, including reconciliations to client calculations, revising note disclosures, and net asset calculations; and meet with City staff to resolve various accounting issues; and WHEREAS, an amendment to the Agreement, in substantially the attached form, is required to be executed by the City Manager to reflect an increase in the compensation amount of $60,000 for the second year contract only, from $370,000 to $430,000; and subsequently, to the total contract from an amount not to exceed $1,1(9,000 to $1,169,000, for the additional time for field work; and City c f Mrum! !'age ! 43 Printed On: 711912006 JLiL+19-2006 10:21 From:CITY CLERK 3058581610 To:Cita of Miami P.2/4 Fik, Number: 06-00987 Enadmen! Number; R-0ti-04213 WHEREAS, funds for sad increase are available from the Department of Finance General Operating Budget, Account Code No. 001000.260201.6.280; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. An increase it the compensation amount of the Agreement with Rachlin, Cohen and Holtz, LLP, pursuant to Resclution No. 04-0458, adopted July 8, 2004, for the prevision of external auditing services, in an amount not to exceed $60,000, for the second year of the Agreement. Only, from an amount not to exceed $370,000 to $430,000, and subsequently, to the total contract amount from an amount not to exceed $1,109,000 to $1,169,000, is authorized. Section 2. Resolution Nc . 04-0458 is amended in the following particulars:{1} "Resolution No. 04-0458 * * * Section 2. The City Manager is authorized(1) to negotiate and execute an Agreement, in substantially the attached form, with Rachlin Cohen and Holtz, the second -ranked firm, for a three-year period, in an amount not to exceed $349,000 for the first year, an amount not to exceed 0,000 $430,000 for the second year, and an amount not to exceed $390,000 for the third year, for a total contract amount not to exceed $1,100,000 $1,169,000, with funds allocated from Account Code No. 001000.260201.6330.28013. Section 3. Funds for sail increase are allocated from the Department of Finance General Operating Budget, Account :ode No. 001000.260201.6.280. Section 4. The City Marager is authorized(2) to execute an Amendment to the Agreement, in substantially the attached f Section 5. The Resoluti the Mayor.{3} m, for said purpose. n shall become effective immediately upon its adoption and signature of FoOtnotos: City, of Miami Page: 2 of .3 Printed Oa: 7/19/2006 JUL- 19-2006 10:21 From:CITY CLERK 3058581610 To:Cita of Miami P.314 Fie Number. 06-00987 Enactment Number: R-06-O.128 (1) Words and/or figures stri added. The remaining provi; omitted and unchanged mat {2) The herein authorization imposed by the City Attorney and Code provisions. {3} If the Mayor does not sig from the date it was passed effective immediately upon a -ken through shall be deleted. Underscored words and/or figures shall be ions are now in effect and remain unchanged. Asterisks. indicated rial. s further subject to compliance with all requirements that may be including but not limited to those prescribed by applicable City Charter 1 this Resolution, it shall become effective at the end of ten calendar days and adopted. If the Mayor vetoes this Resolution, it shall become erride of the veto by the City Commission. City o%Miami !'ngc 3 of 3 Printed O,: 7/1912006