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HomeMy WebLinkAboutCRA-R-26-0009 Exhibit ACarlos I. Suarez Executive Director Omni C R A INTER -OFFICE MEMORANDUM TO: Board Chair Damian Pardo DATE: February 12th, 2026 and Members of the CRA Board FROM: Carlos I. Suarez SUBJECT: Professional Services Agreement — Executive Director Achievement Consulting Group, Inc. BACKGROUND: The attached Resolution of the Board of Commissioners of the Omni Redevelopment District Community Redevelopment Agency ("CRA") serves to approve the execution of a Professional Services Agreement with Achievement Consulting Group, Inc. for the provision of financial, accounting, budgetary, and development -related advisory services to the CRA. The Agreement establishes a one (1) year term beginning on January 1, 2026, and ending on December 31, 2026, for an amount not to exceed $200,000.00. Under the Agreement, Achievement Consulting Group, Inc. will support the CRA in reviewing and analyzing development proposals, coordinating with taxing authorities on CRA-related financial matters, assisting in strategies related to debt financing, and providing accounting and budget services, including payroll processing, accounts payable, budget development, preparation of financial statements, and liaison support during the CRA's external audit. In addition, the Consultant will prepare any necessary reports and presentations required to advance the CRA's goals and objectives. This Resolution provides funding for these services. JUSTIFICATION: Section 163.356 (3)(c), Florida Statutes states that CRA may "employ... technical experts, and such other agents and employees, permanent and temporary, as it requires, and determine their qualifications, duties, and compensation". The CRA requires specialized financial and development -related advisory services to support its ongoing operations, fiscal responsibilities, and major redevelopment initiatives. Achievement Consulting Group, Inc. possesses the experience, expertise, and familiarity with CRA functions necessary to fulfill these needs effectively. To waive competitive procurement requirements set forth in Sections 18-85 and 18-86 of the City's Procurement Ordinance, shall be subject to the concurrence and ratification by an affirmative fourth -fifths (4/5ths) vote of the Board of Commissioners of the CRA, for the execution of a PSA with Achievement Consulting Group, Inc. for the provision of financial consulting services as described therein. FUNDING: $200,000.00 allocated from OMNI Tax Increment Fund, entitled "Professional Services" Account Code No.10040.920501.531000.0000.00000.