HomeMy WebLinkAboutMINUTES - 04142007 - C.95 TO: REDEVELOPMENT AGENCY �'=6E L °�_ Contra
FROM: JOHN =^ 3 COSta
CULLEN ,'s
EXECUTIVE DIRECTOR
DATE: August 14, 2007 OST9`COUIy� County
SUBJECT: Special Accounting Services for Redevelopment Agency C. ,
lq*
SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION
RECOMMENDATION:
APPROVE and AUTHORIZE the Redevelopment Director to execute a contract with Macias
Gini & O'Connell in an amount not to exceed $136,960, to provide special accounting services
for the Redevelopment Agency for the time period July 1, 2007 — June 30, 2008.
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 procedure necessary
for these and other financial transactions and to comply with sta a reporting r it ments.
CONTINUED ON ATTACHMENT: ❑ YES SIGNATURE:
ECOMMENDATION OF EXECUTIVE DIRECTOR ❑ RECOMMEN ATION OF AG NCY COMMITTE
PPROVE ❑ OTHER j
SIGNATURE(S):
ACTION OF CY ON Z4 1-�V4
APPROVED AS RECOMMENDED OTHER ❑
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:
ATTESTE /�Contact: Jim Kennedy (335-7225) I
JOHN CULLO,AGENCY SEC TARY
cc: CAO
County Counse
Auditor/Controller nn
Redevelopment Agency By: lv eputy
Via Redevelopment
Macias Gini &Company