HomeMy Public PortalAbout2010.210 (10-05-10) RESOLUTION NO. 2010.210
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD,
CALIFORNIA APPROVWG A CONSULTANT SERVICES AGREEMENT BETWEEN
THE CITY OF LYNWOOD AND MUNISERVICES, LLC FOR AUDITING, REPORTING,
MONITORING AND ANALYSIS OF PROPERTY TAX, TAX INCREMENT; AND
SALES AND USE TAX
WHEREAS, property tax; and sales and use tax represent 19% of the City's
General Fund revenues; and `
WHEREAS, to maximize revenues and minimize loss of revenues, timely
detection,.documentation and correction of misallocations and errors are essential; and
WHEREAS, on August 5, 2010, staff issued a Request for Proposals for the
auditing, reporting, monitoring and analysis of property tax, tax increment and sales and
use tax; and
WHEREAS, upon reviewing the proposals and interviewing the two firms that
submitted a response, staff recommends that the City engage the services of
MuniServices; and
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 a Consulting
Services Agreement with MuniServices, LLC for the firm to provide auditing, reporting,
monitoring and analysis of property tax, tax increment; and sales and use tax in a form
approved by the City Attorney.
Section 2. The City Council authorizes the City Manager or his designee to
authorize transfers from the sales tax or property tax revenues to pay for the recovery
fees due to MuniServices for their audit and recovery efforts pursuant to the agreement
and to invoice the Lynwood Redevelopment Agency for any expenses relating to the
recoveries on property tax increment.
Section 3. This Resolution shall become effective immediately upon its
adoption.
PASSED, APPROVED and ADOPTED this 5`" day of October 2010.
L�GGc��� e'���---
Maria T. Santillan, Mayor
ATTEST:
i �
Maria uinonez, City Clerk Roger L. aley, City Manager
APPROVED AS TO FORM: APPROVED AS TO CONTENT:
. ��'�- ��-�- ,�-
Fred Galante, City Attorney Robert S. To�rez
Assistant City Manager
I
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 5` day of October, 2010.
AYES: COUNCIL MEMBERS FLORES, MORTON, RODRIGUEZ, CASTRO
AND SANTILLAN
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
i �
Maria Quinonez, ity 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. 2010.210 on file in my office and that said Resolution was
adopted on the date and by the vote therein stated. Dated this 5 day of October,
2010.
i ^
Maria Quinonez, ity Clerk