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96-030 RESOLUTION NO. 96-30 A RESOLUTION OF THE CITY COUNCIL 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 THE SCOPE OF SERVICES AND FEES 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 applicable State law, has requested proposals from Certified Public Accounting firms to perform independent audits of the City's accounts and records. WHEREAS, said proposals were evaluated by a Review Team consisting of the Director of Finance Support Services and the City Manager; and WHEREAS, said Review team recommends that the top three ranked firms, based on the firms' experience and qualifications, be: 1). Keefe McCullough & Co., 2). Rachlin Cohen & Holtz and 3). KPMG Peat Marwick, LLP; and WHEREAS, the City Council desires to authorize the Review Committee to negotiate scope of services and fees with the top ranked firms and with the altemate firm(s), should negotiations with the top ranked firm be unsuccessful. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF AVENTURA, FLORIDA, THAT: Section 1. The ranking of firms to perform independent auditing service for the City are: 1). Keefe McCullough Co. 2). Rachlin Cohen & Holtz 3): KPMG Peat Marwick, LLP Section 2. The firms have been rated on the basis of their experience and qualifications and have not submitted a fee structure to the City. Therefore, the Review Committee shall obtain cost proposals for the first year of the audit from all three firms. Resolution No. 96-30 Page 2 Section 3. The cost proposals of the top ranked firm shall be negotiated by the Review Committee and approved by the City Council prior to said firm beginning any work for which the City may later be billed. Section 4. In the event the City is unable to come to favorable terms and fees with the top ranked firms, the Committee is hereby authorized to negotiate scope of services and fees with the alternate firms. Section $. The City Manager is hereby authorized and requested to take all necessary and expedient action to carry out the aims of this resolution. Section 6. This Resolution shall become effective immediately upon its adoption. The foregoing Resolution was offered by Vice Mayor Rogers-Libert, who moved its adoption. The motion was seconded by Councilmember Cohen, and upon being put to a · vote, the vote was as follows: Councilmember Arthur Berger yes Councilmember Jay Beskin yes Councilmember Ken Cohen yes Councilmember Harry Holzberg yes Councilmember Jeffrey Perlow yes Vice Mayor Patricia Rogers-Libert yes Mayor Arthur I. Snyder yes PASSED AND ADOPTED this 20~day Of ARTA, ~u~i.9~S~~D~E TERESA M. SMITH, CMC/ CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: CITY ATTORNEY