HomeMy WebLinkAboutCDC/2005-13
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RESOLUTION NO. CDC/200S-13
RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION
OF THE CITY OF SAN BERNARDINO, CALIFORNIA, APPROVING
AMENDMENT NO.1 TO THE AGREEMENT WITH CONRAD AND
ASSOCIATES, L.L.P., AND AUTHORIZING EXECUTION THEREOF,
PROVIDING FOR A ONE YEAR EXTENSION TO PERFORM
FINANCIAL AUDIT SERVICES FOR THE ECONOMIC DEVELOPMENT
AGENCY.
WHEREAS, the Community Development Commission ("Commission")
on July 11, 2000 entered into an Agreement with Conrad and Associates, L.L.P.
(" Auditors"), to perform financial audit services for the Economic Development
Agency of the City of San Bernardino ("Agency") for a three-year period
beginning with the audit of fiscal year 1999-2000, with the option of two one-year
extensions.
WHEREAS, the term of the 2000 Agreement with the Auditors has
expired, but due to the State of California' s budget crisis and the complexity of the
accounting required by the City of San Bernardino ("City") for the Triple-Flip and
the VLF Loan to the State, along with the efficiency and timeliness of the
Auditors, the City desires to retain the Auditors for an additional one-year period;
WHEREAS, because of the Single Audit requirements, and the efficiency
and qualifications ofthe Auditors, the Agency desires to follow the City's lead in
respect to retaining the Auditors for an additional one-year period;
WHEREAS, the Commission now desires to enter into Amendment No. 1
to said 2000 Agreement with the Auditors to extend the term of the 2000
Agreement for one additional fiscal year 2004-05.
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RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION
OF THE CITY OF SAN BERNARDINO, CALIFORNIA, APPROVING
AMENDMENT NO. 1 TO THE AGREEMENT WITH CONRAD AND
ASSOCIATES, L.L.P., AND AUTHORIZING EXECUTION THEREOF,
PROVIDING FOR A ONE YEAR EXTENSION TO PERFORM
FINANCIAL AUDIT SERVICES FOR THE ECONOMIC DEVELOPMENT
AGENCY.
NOW, THEREFORE, BE IT RESOLVED BY THE COMMUNITY
DEVELOPMENT COMMISSION OF THE CITY OF SAN BERNARDINO,
AS FOLLOWS:
Section 1.
The Commission hereby approves and authorizes execution
of Amendment No. 1 to the 2000 Agreement providing for a one-year extension to
the 2000 Agreement with Conrad and Associates, L.L.P., to perform financial
audit services for the Economic Development Agency of the City of San
Bernardino for the fiscal year 2004-05, as attached hereto.
Section 2.
This Resolution shall take effect upon the date of its
adoption.
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I
RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION
OF THE CITY OF SAN BERNARDINO, CALIFORNIA, APPROVING
AMENDMENT NO. 1 TO THE AGREEMENT WITH CONRAD AND
ASSOCIATES, L.L.P., AND AUTHORIZING EXECUTION THEREOF,
PROVIDING FOR A ONE YEAR EXTENSION TO PERFORM
FINANCIAL AUDIT SERVICES FOR THE ECONOMIC DEVELOPMENT
AGENCY.
I HEREBY CERTIFY that the foregoing Resolution was duly adopted by
the Community Development Commission of the City of San Bernardino at a
joint regulaIJneeting thereof, held on the 4th day of April, 2005, by the
ecre~
The foregoing Resolution is hereby approved this 1/;1, day of ~ 2005.
~~
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following vote, to wit.
Commission Members Ayes Nays
ESTRADA x
LONGVILLE x
MCGINNIS -x-
DERRY X
KELLEY -L
JOHNSON X
-
MCCAMMACK -1L
Approved as to form and legal content:
By e~tf~
Abstain
Absent
~
Esther Estrada
Vice-Chairperson
Community Development
Commission - City of San
Bernardino
AMENDMENT NO.1
AGREEMENT FOR AUDITING SERVICES
This Amendment No.1 to the July 11, 2000 Agreement for Auditing Services is made
and entered into on this 4 day of April 2005 by and between the City of San
Bernardino Economic Development Agency, a municipal corporation (hereinafter
referred to as "Agency") and Conrad and Associates, L.L.P., Certified Public
Accountants (hereinafter referred to as "Auditors").
WITNESSETH
WHEREAS, the Auditors are recognized as competent and qualified Certified Public
Accountants, who were selected by the Agency in fiscal year 1999-2000 through a
competitive procedure for financial auditing services, and are duly authorized to practice
and licensed as such by the California State Board of Accountancy;
WHEREAS, on July 11, 2000 the Agency entered into an Agreement with the Auditors
for a three (3) year period beginning with the fiscal year 1999-2000, with the option of
two (2) one-year extensions for professional financial auditing services;
WHEREAS, the term of the 2000 Agreement with the Auditors has expired, but due to
the State of California's budget crisis and the complexity of the accounting required by
the City of San Bernardino (hereinafter referred to as "City") for the Triple-Flip and VLF
Loan to the State, along with the efficiency and timeliness of the Auditors, the City
desires to retain the Auditors for an additional one (1) year period for financial auditing
services;
WHEREAS, because of the Single Audit requirements, and the efficiency and
qualification of the Auditors, the Agency desires to follow the City's lead in respect to
retaining the Auditors for an additional one (1) year period for financial auditing services;
WHEREAS, the Agency now desires to enter into Amendment No. 1 to said 2000
Agreement with the Auditors to extend the term of the 2000 Agreement for one (1)
additional fiscal year 2004-05.
NOW, THEREFORE, in consideration of their mutual promises, obligations and
covenants hereinafter contained, the parties hereto agree to amend in their entirety the
following sections of the 2000 Agreement:
1. TERM. Unless terminated earlier or canceled as provided in the 2000 Agreement,
the term of this Amendment No. 1 shall be for an additional one (1) year period
for the fiscal year ending June 30,2005.
3. AGENCY'S OBLIGATIONS. For furnishing services as specified in the 2000
Agreement, the Agency will pay and the Auditors shall receive the full
compensation of $34,320 for the fiscal year ending June 30,2005.
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APPENDIX A is hereby replaced in its entirety as attached hereto.
APPENDIX B is hereby replaced in its entirety as attached hereto.
All other sections of the 2000 Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment No.1 to
the 2000 Agreement to be executed the day and year first written above.
CITY OF SAN BERNARDINO ECONOMIC DEVELOPMENT AGENCY
alrperson
e elopment Commission
ASSOCIATES, L.L.P.
;/JJ, d...1 4:/;;;--, IL h,
Michael A. Harris~n, artner
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