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HomeMy WebLinkAbout14778*RESOLUTION NO. 14778 A RESOLUTION APPROVING AN AGREEMENT BETWEEN THE CITY OF PUEBLO, A MUNICIPAL CORPORATION, AND RUBINBROWN, LLP, CERTIFIED PUBLIC ACCOUNTANTS, RELATING TO PROFESSIONAL AUDITING SERVICES AND AUTHORIZING THE PURCHASING AGENT TO EXECUTE SAME BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The agreement between the City of Pueblo, a Municipal Corporation and RubinBrown, LLP, Certified Public Accountants, for the rendering of professional auditing services to the City of Pueblo Agreement dated January 1, 2022, a copy of which is attached hereto, having been approved as to form by the City Attorney, is hereby approved. SECTION 2. The Purchasing Agent is hereby authorized to execute the Agreement on behalf of Pueblo, a Municipal Corporation, and the City Clerk shall affix the seal of the City thereto and attest the same. SECTION 3. Funds for the Agreement shall be paid from the City Council operating budget, Account Number 10101001 53001, professional services. SECTION 4. The officers and staff of the City are authorized to perform any and all acts consistent with this Resolution and the Agreement to implement the transactions described therein. SECTION 5. This Resolution shall become effective immediately upon passage and approval. INTRODUCED December 27, 2021 BY: Ed Brown MEMBER OF CITY COUNCIL APPROVED: PRESIDENT OF CITY COUNCIL ATTESTED BY: DEPUTY CITY CLERK City Clerk’s Office Item # M-2 Background Paper for Proposed Resolution COUNCIL MEETING DATE: December 27, 2021 TO: President Lawrence W. Atencio and Members of City Council CC: Nicholas A. Gradisar, Mayor VIA: Marisa Stoller, City Clerk FROM: Laura Solano, Chief of Staff SUBJECT: A RESOLUTION APPROVING AN AGREEMENT BETWEEN THE CITY OF PUEBLO, A MUNICIPAL CORPORATION, AND RUBINBROWN LLP, CERTIFIED PUBLIC ACCOUNTANTS, RELATING TO PROFESSIONAL AUDITING SERVICES AND AUTHORIZING THE PURCHASING AGENT TO EXECUTE SAME SUMMARY: Attached is a proposed Resolution that would authorize the City to execute an agreement with RubinBrown, LLP to perform professional auditing services for the City of Pueblo for fiscal years 2021 – 2023, with possible renewal for two (2) additional years. PREVIOUS COUNCIL ACTION: None BACKGROUND: The current engagement between the City and Anton Collins Mitchell, LLP ended with the auditing services for the fiscal year ended December 31, 2021. Through the Request for Proposal (RFP) process, the City has selected the CPA firm of RubinBrown, LLP to perform the annual audit for the years 2021 – 2023, with possible renewal for two (2) additional years. FINANCIAL IMPLICATIONS: RubinBrown, LLP's fees, including expenses, will not exceed the following amount each audit year:  $132,000 for the year ended December 31, 2021  $136,000 for the year ended December 31, 2022  $140,000 for the year ended December 31, 2023  $144,000 for the year ended December 31, 2024 (if renewed)  $149,000 for the year ended December 31, 2025 (if renewed) BOARD/COMMISSION RECOMMENDATION: Not applicable. STAKEHOLDER PROCESS: Not applicable. ALTERNATIVES: Select another of the RFP respondents. RECOMMENDATION: Approval of this Resolution. Attachments: Engagement Letter