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HomeMy WebLinkAboutMINUTES - 06082010 - C.92RECOMMENDATION(S): APPROVE and AUTHORIZE the Redevelopment Director, or designee, to execute a contract amendment with Macias, Gini & O'Connell, LLP, increasing the payment limit by $26,000 for a new total payment limit of $174,400, without change to the contract expiration date of June 30, 2010, to provide ongoing special accounting services for the Redevelopment Agency. FISCAL IMPACT: No General Funds involved. Contract will be paid from Contra Costa Centre, Bay Point, Rodeo, North Richmond and Montalvin Manor Redevelopment Project Area funds. BACKGROUND: The Agency has an ongoing need of technical accounting to maintain current and accurate records for financial transactions involving Agency revenues, including property tax increment, bond proceeds and other dedicated revenue. In addition, the Redevelopment Agency is mandated by law to submit various annual reports to the State Controller’s Office that require extracting APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 06/08/2010 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:John Gioia, District I Supervisor Gayle B. Uilkema, District II Supervisor Mary N. Piepho, District III Supervisor Susan A. Bonilla, District IV Supervisor Federal D. Glover, District V Supervisor Contact: Jim Kennedy 335-7225 I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: June 8, 2010 David J. Twa, County Administrator and Clerk of the Board of Supervisors By: EMY L. SHARP, Deputy cc: C.92 To: From:Jim Kennedy, County Redevelopment Director Date:June 8, 2010 Contra Costa County Subject:Special Accounting Services for Redevelopment Agency BACKGROUND: (CONT'D) data from our financial reports. Approval of this amendment will enable the Agency to continue to ensure the accuracy of the complex accounting procedures necessary for these and other financial transactions and to comply with state reporting requirements. FY 2009-10 has included some unusual reporting requirements, and accounting requirements related to the state take of redevelopment revenues requiring services above the scope provided for. CONSEQUENCE OF NEGATIVE ACTION: CHILDREN'S IMPACT STATEMENT: