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HomeMy WebLinkAbout11484RESOLUTION NO. 11484 A RESOLUTION APPROVING AN AGREEMENT BETWEEN THE CITY OF PUEBLO (CITY) AND MCPHERSON, BREYFOGLE, DAVELINE & GOODRICH, P.C., CERTIFIED PUBLIC ACCOUNTANTS (MBDG) FOR AUDITING AND RELATED SERVICES FOR THE FISCAL YEAR ENDING DECEMBER 31, 2008. BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The Agreement between the City of Pueblo, a Municipal Corporation, and McPherson, Breyfogle, Daveline, & Goodrich, P.C., Certified Public Accountants for the rendering of professional auditing services to the City of Pueblo for the fiscal year Ending December 31, 2008, at a cost of $90,640, a copy of which is attached hereto, is hereby approved. SECTION 2. The president of the City Council is hereby authorized to execute same for and on behalf of the City and the City Clerk is authorized and directed to attest same and affix the Seal of the City thereto. BY: Randy Thurston Councilperson PRt A :s r) a { C E INTRODUCED: December 22. 2008 µ — �9 LJ ....... ..e. _..,. Background Paper for Proposed RESOLUTION AGENDA ITEM # 7 DATE: DECEMBER 22, 2008 DEPARTMENT: FINANCE DEPARTMENT ROBERT HAIN, DIRECTOR OF FINANCE TITLE A RESOLUTION APPROVING AN AGREEMENT BETWEEN THE CITY OF PUEBLO (CITY) AND MCPHERSON, BREYFOGLE, DAVELINE & GOODRICH, P.C., CERTIFIED PUBLIC ACCOUNTANTS (MBDG) FOR AUDITING AND RELATED SERVICES FOR THE FISCAL YEAR ENDING DECEMBER 31, 2008. ISSUE Should City Council approve this agreement? RECOMMENDATION The Staff recommendation is, Approval of the Resolution. BACKGROUND Each year the City is audited by a professional outside auditing firm. We went through the RFP and proposal process for a new five -year agreement, and received four very good proposals, including one from the City's incumbent auditor. However, due to the current developments with the City Manager the Audit Committee decided to pull back on the five year agreement and offer a one year agreement to the current auditor so that stability can be maintained through this transition period. This agreement will extend the current agreement with MBDG to include services related to the audit for the year ending December 31, 2008. FINANCIAL IMPACT The proposed fee for this service is $90,640.