HomeMy Public PortalAbout2012.067 (04-03-12)RESOLUTION NO. 2012.067
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD
AUTHORIZING THE MAYOR TO EXECUTE AN AMENDMENT TO THE AGREEMENT
BETWEEN THE CITY OF LYNWOOD AND VASQUEZ & COMPANY LLP
INCREASING THE NOT -TO- EXCEED FEE FROM $51,500 TO $65,000 FOR THE
THIRD YEAR OF THE CONTRACT TERM
WHEREAS, in 2009, the City Council approved an agreement with Vasquez &
Company LLP to provide auditing services for a term of three years commencing on
June 2, 2009 and terminating on June 1, 2012; and
WHEREAS, the total payment pursuant to the existing agreement shall not
exceed $51,500 for the third year; and
WHEREAS, the scope of work to be performed included a single audit on
expenditures of federal grants by major programs in accordance with OMB Circular A-
133; and
WHEREAS, for second year of the audit (FY 2010), three of the federal grants
were considered as a major programs, and
WHEREAS, for the third year of the audit, there are six major programs funded
by the American Recovery and Reinvestment Act (ARRA), the Neighborhood
Stabilization Program (NSP), Homelessness Program (HPRP), HUD Section 108
Funds, STP Funds and the Department of Energy (DOE Grant); and
WHEREAS, all expenditures of federal funds by major programs are to be
included in the single audit and they are required to be audited; and
WHEREAS, the audit firm's fee for each major program is $4,500, the audit of all
programs will require an additional fee of $13,500.
NOW, THEREFORE THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES
HEREBY FIND, DETERMINE, ORDER AND RESOLVE AS FOLLOWS:
Section 1. The City Council authorizes the Mayor to execute an amendment to
the Agreement between Vasquez & Company LLP and the City of Lynwood for the
contractor to provide audit services for three additional major programs. There are a
total of major programs for the third year.
Section 2. The amendment to the Agreement shall be in a form approved by the
City Attorney and the total payment to the contractor shall not exceed $65,000 for the
third year of the contract term.
Section 3. The City Council approves the additional appropriation of $13,500
from the Street Lighting Fund ($11,500) and the Community Development Block Grant
Fund ($2,000).
Section 4. This Resolution shall become effective immediately upon its
adoption.
PASSED, APPROVED and ADOPTED this 3rd day of April 2012.
G
Jim Morton, ayor
ATTEST:
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Maria Quinonez, City Clerk
APPROVED AS TO FORM:
r
Fred Galante, City Attorney
APPROVED AS TO CONTENT:
Robert S. Torr sistant
City Mana
STATE OF CALIFORNIA )
) SS.
COUNTY OF LOS ANGELES )
I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the
foregoing Resolution was passed and adopted by the City Council of the City of
Lynwood at a regular meeting held on the 3 day of April, 2012.
AYES: COUNCIL MEMBERS RODRIGUEZ, SANTILLAWBEAS, ALATORRE
AND MORTON
NOES: NONE
ABSENT: COUNCIL MEMBER CASTRO
ABSTAIN: NONE
Maria Quinonez, City Clerk
STATE OF CALIFORNIA )
) SS.
COUNTY OF LOS ANGELES )
I, the undersigned, City Clerk of the City of Lynwood, and the Clerk of the City
Council of said City, do hereby certify that the above foregoing is a full, true and correct
copy of Resolution No. 2012.067 on file in my office and that said Resolution was
adopted on the date and by the vote therein stated. Dated this 3rd day of April, 2012.
Maria Quinonez, City Clerk