HomeMy WebLinkAboutMINUTES - 03042003 - C57 TO: REDEVELOPMENT AGENCY
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FROM: John Sweeten
Executive Director
'DATE: March 4, 2003
SUBJECT: Contract Amendment with Macias Gini & Company
SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
APPROVE and AUTHORIZE the Redevelopment Director or his designee to execute a contract
amendment in the amount of$20,000,for a total contract amount not to exceed$69,000,with Macias
Gini&Company and extending the term to Jane 30,2003 for technical assistance in the accounting and
financial management functions of the Redevelopment Agency.
FISCAL IMPACT
No General Funds are involved. Contract will be paid from Pleasant Hill BART, Bay Point, Rodeo
and North Richmond Redevelopment Project Area funds.
BACKGRO_UNDIREASONS FOR RECOMMENDATIONS
The Redevelopment Agency is mandated b y law to submit various annual reports to the State Controller's
Office. In order to submit these annual reports,the Agency has need of technical accounting assistance and
guidance to maintain current and accurate records for financial transactions in the various financial arenas in
which the Agency maintains an active participation. Some of these spheres of financial activities include the
various Redevelopment Project Areas, tax allocation bonds, capital markets financing, multifamily bond
issues. Execution of this contract will enable the Redevelopment Agency to ensurethe ccuracy of the complex
accounting procedures necessary for these and other financial tr nsactions
CONTINUED O ATTACHMENT: YES SIGNATURE: �' �
--RECOMMENDATION OF EXECUTIVE DIRECTOR 4—— ECOMM NDATIt7N OF AGENCY
COMMITTEE PROVE OTHER
SIGNATURE(
x
ACTION AGENCY ON Mrch 4, 2003 APPROVED AS RECOMMENDED x OTHER
VOTE OF COMMISSIONERS
I HEREBY CERTIFY THAT THIS IS A
UNANIMOUS } TRUE AND CORRECT COPY OF AN
(ABSENT-_, —)
AYES: NOES: ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES OF THE REDEVELOPMENT
DISTRICT III SEAT VACANT AGENCY ON THE DATE SHOWN.
Contact: Jim Kennedy
335-•1255 ATTESTED March 4, 2003
cc: Community Development JOHN SWEETEN, AGENCY SECRETARY
Redevelopment Agency
County Counsel
CACI BY` . EPUTY
Auditor-Controller
via: Redevelopment Agency
Macias Gini & Company
H:\'ersonatBoard Orders and Greenies\BOS.RDA.macias.gini.3.03•doc