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2010-17 RESOLUTION NO. 2010-17 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, ESTABLISHING A RANKING OF FIRMS TO PERFORM AUDITING SERVICES; AUTHORIZING THE CITY MANAGER OF THE CITY OF AVENTURA, FLORIDA ON BEHALF OF SAID CITY TO NEGOTIATE FOR SAID SERVICES; AUTHORIZING THE CITY MANAGER TO DO ALL THINGS NECESSARY TO CARRY OUT THE AIMS OF THIS RESOLUTION; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Aventura, in accordance with its Charter and applicable State law, has requested proposals from Certified Public Accounting firms to perform independent audits of the City's accounts and records; and WHEREAS, said proposals were evaluated by an Audit Committee consisting of the City Manager, Finance Director and Controller; and WHEREAS, said Audit Committee recommends that the top three ranked firms, based on the firms' experience and qualifications, be: 1). Keefe, McCullough & Co., LLP; 2). Grau & Associates; and 3). Marcum Rachlin Accountants Advisors; and WHEREAS, the City Commission desires to authorize the Audit Committee to negotiate fees with the top ranked firm and with the alternate firm(s), should negotiations with the top ranked firm be unsuccessful. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF A VENTURA, FLORIDA, THAT: Section 1. The ranking of firms to perform independent auditing service for the City are: Resolution No. 2010-17 Page 2 1) Keefe, McCullough & Co., LLP 2) Grau & Associates 3) Marcum Rachlin Accountants Advisors Section 2. The firms have been rated on the basis of their experience, qualifications and proposed fee. The final cost shall be negotiated by the Audit Committee and approved by the City Commission prior to said firm beginning any work for which the City may later be billed. Section 3. In the event the City is unable to come to favorable terms and fees with the top ranked firm, the Committee is hereby authorized to negotiate fees with the alternate firms. Section 4. The City Manager is hereby authorized and requested to take all necessary and expedient action to carry out the aims of this resolution. Section 5. This Resolution shall become effective immediately upon its adoption. The foregoing Resolution was offered by Commissioner Joel, who moved its adoption. The motion was seconded by Commissioner Stern, and upon being put to a vote, the vote was as follows: Commissioner Zev Auerbach Commissioner Bob Diamond Commissioner Teri Holzberg Commissioner Billy Joel Commissioner Michael Stern Vice Mayor Luz Urbaez Weinberg Mayor Susan Gottlieb yes yes yes yes yes yes yes Resolution No. 2010-71 Page 3 PASSED AND ADOPTED this 6th day of April, APPROVriO LEGAL S . ~ CITY ATTORNEY