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HomeMy WebLinkAboutCC Resolution 14085 (Accounting & Financial Reporting)RESOLUTION NO. 14085 A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE AN AMENDMENT TO THE PROFESSIONAL SERVICES AGREEMENT WITH VAVRINEK, TRINE, DAY & CO, LLP FOR ACCOUNTING AND FINANCIAL REPORTING RELATED SERVICES WHEREAS, the City of San Rafael's finance department has two authorized professional accounting positions whose purpose is to provide the central accounting, financial reporting and budget support functions for the City; and WHEREAS, the City has recently experienced turnover in both accounting positions and one position has been vacant since October 2015, notwithstanding ongoing efforts to fill the position; and WHEREAS, the City entered into a contract with of Vavrinek, Trine, Day & Co. on April 6, 2015, in order to ensure sufficient resources through the City's professional accountant staffing transition, and recommends the continued use of these services in order to fulfill City accounting and financial reporting requirements. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF SAN RAFAEL HEREBY RESOLVES AS FOLLOWS: The City Council of the City of San Rafael hereby approves and authorizes the City Manager to execute an amendment to the professional services agreement between the City of San Rafael and Vavrinek, Trine, Day & Co. for the purpose of increasing the not -to -exceed compensation amount by $50,000, including expenses, and extending the contract term through December 31, 2016, in a form approved by the City Attorney's Office and effective upon contract execution. I, Esther C. Beirne, Clerk of the City of San Rafael, hereby certify that the foregoing Resolution was duly and regularly introduced and adopted at a regular meeting of the San Rafael City Council held on the 21 st day of March, 2016, by the following vote to wit: AYES: Councilmembers: Bushey, Colin, Gamblin and Mayor Phillips NOES: Councilmembers: None ABSENT: Councilmembers: McCullough ESTHER C. BEIRNE, City Clerk AMENDMENT TO AGREEMENT FOR PROFESSIONAL SERVICES FOR ACCOUNTING AND FINANCIAL REPORTING SERVICES THIS AMENDMENT to Agreement for Professional Services for Accounting and Financial Reporting Services is made and entered into the ,.?-/S7 day of lYsORW -, 2016, by and between the CITY OF SAN RAFAEL (hereinafter "CITY"), and VAVRINEK, TRINE, DAY & CO, LLP (hereinafter "CONTRACTOR"). RECITALS WHEREAS, on April 6, 2015, CITY and CONTRACTOR entered into an "Agreement for Professional Services for Accounting and Financial Reporting Services" (the "Agreement"), pursuant to which CONTRACTOR agreed to provide designated services to CITY through December 31, 2015; and WHEREAS, as provided in the Agreement, the term thereof was subsequently extended by 90 days, through March 30, 2016; and WHEREAS, CITY and CONTRACTOR wish to extend the term of the 2015 Agreement; AGREEMENT NOW, THEREFORE, the parties hereby agree as follows: Section 4 of the Agreement, entitled " COMPENSATION" is hereby amended to increase the compensation amount under the Agreement by an additional $50,000, and as amended shall read in its entirety as follows: For the full performance of the services described herein by CONTRACTOR, CITY shall pay CONTRACTOR, pursuant to the schedule of CONTRACTOR'S fees which is included in attached Exhibit A, an amount not to exceed $110,000, including expenses. Payment will be made monthly upon receipt by PROJECT MANAGER of itemized invoices submitted by CONTRACTOR. 2. Section 5 of the Agreement, entitled "TERM OF AGREEMENT" is hereby amended to extend the term of the Agreement, and as amended shall read in its entirety as follows: The term of this Agreement shall be from the date of execution through December 3l, 2016. Upon written agreement of the PROJECT MANAGER and PROJECT DIRECTOR, the term of this Agreement can be extended for an additional period of up to the earlier of 120 days, or when the not -to -exceed limit of this contract is reached. 3. Except as specifically amended herein, all other terms and conditions of the Agreement shall remain unchanged and in full force and effect. IN WITNESS WHEREOF, the parties have executed this Amendment as of the day, month and year first above written. CITY OF SAN RAFAEL CONTRACTOR 1 By: - JIM SC 1UT , City ana r Name: os���l� v► ty- ATTEST: ESTHER C. BEIRNE, City Clerk APPROVED AS TO FORM: �., • • •�lb 2 Title: At tti'0r