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HomeMy WebLinkAboutMINUTES - 04252006 - C.124 L Contra TO: REDEVELOPMENT AGENCYE FROM: JOHN CULLENCosta, ol. ,Irya EXECUTIVE DIRECTOR DATE: April 25, 2006 rA�ouK ~`� County SUBJECT: Special Accounting Services for Redevelopment Agency I SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION RECOMMENDATION: APPROVE and AUTHORIZE the Redevelopment Director to execute a contract with Macias Gini & Company in an amount not to exceed $125,000, to provide special accounting services for the Redevelopment Agency for the time period July 1, 2006 —June 30, 2007. FINANCIAL IMPACT: No General Funds involved. Contract will be paid from Pleasant Hill BART, Bay Point, Rodeo, North Richmond and Montalvin Manor Project Area funds. 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. In addition, the Redevelopment Agency is mandated by law to submit various annual reports to the State Controller's Office that require extracting data from our financial reports. Approval 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 reportin ' ements. CONTINUED ON ATTACHMENT: ❑ YES SIGNATURE: RlfECOMMENDATION OF EXECUTIVE DIRECTOR ❑ RECOM EN ATION OF G NCY COMMITT ❑-APPROVE ❑ OTHER SIGNATURE(S): /�,, , j� ACTION OF ACS IV Y ON / Ul/[d25. 2 � APPROVED AS RECOMMENDED OTOER ❑ VOTE OF SUPERVISORS: I HEREBY CERTIFY THAT THIS IS A TRUE AND CORRECT COPY OF AN ACTION TAKEN AND _ /UNANIMOUS(ABSENT ) ENTERED ON THE MINUTES OF THE AYES: NOES: REDEVELOPMENT AGENCY ON THE DATE SHOWN. ABSENT: ABSTAIN: ATTESTED 25 Contact: Jim Kennedy (335-7225) . JOHN CULL N,AGENCY SE RETARY cc: CAO _ County Counsel Auditor/Controller Redevelopment Agency By: �� Deputy Via Redevelopment Macias Gini&Company