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HomeMy WebLinkAboutMINUTES - 01242012 - C.35RECOMMENDATION(S): APPROVE and AUTHORIZE the Conservation and Development Director, or designee, to execute a contract amendment with Macias, Gini & O'Connell, increasing the payment limit by $27,600 for a new total payment limit of $176,000, to provide continuing special accounting services for the Redevelopment Agency without change to the contract termination date. FISCAL IMPACT: Up to $27,600. 100% Redevelopment Agency funds; Budgeted. BACKGROUND: The Agency has an ongoing need of technical accounting assistance to maintain current and accurate records for financial transactions involving Agency revenues, including property tax increment, bond proceeds and other dedicated revenue. Additional services are required, specifically, assisting the Agency with the dissolution of the Agency and implementation of the Enforceable Obligations Payments Schedule and new Redevelopment Agency accounting requirements. Approval APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 01/24/2012 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 Karen Mitchoff, District IV Supervisor Federal D. Glover, District V Supervisor Contact: Maureen Toms, 925-335-7230 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: January 24, 2012 David Twa, County Administrator and Clerk of the Board of Supervisors By: June McHuen, Deputy cc: C.35 To:Board of Supervisors From: Date:January 24, 2012 Contra Costa County Subject:Redevelopment Agency Special Accounting Services BACKGROUND: (CONT'D) of this contract 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. CONSEQUENCE OF NEGATIVE ACTION: The Redevelopment Agency would not be able to access special accouting services necessary to maintain records and meet accounting requirements required by statute. CHILDREN'S IMPACT STATEMENT: None.