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HomeMy Public PortalAbout2022.271 (10-04-22)RESOLUTION NO. 2022.271 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING THE MAYOR TO ENTER INTO AN AGREEMENT WITH THE PUN GROUP, LLP TO PROVIDE PROFESSIONAL AUDITING SERVICES WHEREAS, the contracts with The Pun Group, LLP to provide professional auditing services and has utilized the firm's services since 2016; and WHEREAS, the annual audit is required by the State and is made available to external users such as bond credit agencies, investors and the public; and WHEREAS, it is important that the City contract with an audit firm that possess high qualifications, extensive experience auditing local government agencies, and a high level of professionalism and expertise; and WHEREAS, staff is recommending that the City Council authorize the Mayor to enter into a new agreement with The Pun Group, LLP; and WHEREAS, due to the Pun Group's extensive experience auditing local government agencies, high level of professionalism and expertise and the timing of the year-end audit field work and in order to ensure timely issuance of the Annual Comprehensive Financial Report, we request that the City Council exercise the 4/5ths rule to approve this agreement, pursuant to Section 6-3.13 (a)(3) of the Lynwood Municipal Code. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES HEREBY FIND, ORDER, AND RESOLVE AS FOLLOWS: Section 1. The City Council of the City of Lynwood hereby finds and declares that the foregoing recitals are true and correct, and incorporates them herein as findings and as a substantive part of this Resolution. Section 2. Per Section 6-3.13.3 of the Lynwood Municipal Code, the Lynwood City Council finds, by this Resolution adopted by not less than four -fifths (4/5) of its members, that acquisition of the Pun Group's auditing services may be more economically and efficiently effected through the use of an alternate procedure due to the Pun Group's 1 extensive experience auditing local government agencies, and high level of professionalism and expertise. Section 3. The City Council authorizes the Mayor to enter into an agreement with The Pun Group, LLP for professional auditing services for year ending June 30, 2022 and June 30, 2023, approved as to form by the City Attorney. The City Council also authorizes the Mayor to execute this Resolution for and on behalf of the City of Lynwood. Section 4. This Resolution shall take full force and effect immediately upon adoption by the City Council. Section 5. The City Clerk shall certify as to the adoption of this City Council Resolution. PASSED, APPROVED AND ADOPTED this 4th day of October, 2022. ATTEST: Maria Quinonez City Clerk APPROVED AS TO FORM: Noel Tapia City Attorney 2 APPROVED AS TO CONTENT: HahryNWong Director of Finance & Administration 1 STATE OF CALIFORNIA ) )§ COUNTY OF LOS ANGELES ) I, Maria Quinonez, 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 meeting held on the 4th day of October, 2022. AYES: COUNCIL MEMBERS FLORES, SANTANA, SOTO, MAYOR PRO TEM SOLACHE AND MAYOR CASANOVA NOES: NONE ABSENT: NONE ABSTAIN: NONE Maria Quinonez, City Clerk STATE OF CALIFORNIA )§ COUNTY OF LOS ANGELES ) I, Maria Quinonez, 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. 2022.271 on file in my office and that said Resolution was adopted on the date and by the vote therein stated. Dated this 4th day of October, 2022. Maria Quinonez, / City Clerk `� J 3