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214-95 RDA RESOLUTION NO. 214-95 A RESOLUTION OF THE CHAIRMAN AND MEMBERS OF THE MIAMI BEACH REDEVELOPMENT AGENCY AWARDING THE CONTRACT TO PROVIDE INDEPENDENT AUDITING SERVICES FOR THE REDEVELOPMENT AGENCY TO THE JOINT VENTURE OF KPMG PEAT MARWICK AND VERDEJA & GRACIER WHEREAS, the Redevelopment Agency is required to have an independent audit of the accounting records performed annually; and WHEREAS, the City of Miami Beach recently initiated a Request for Proposal (RFP) due to an informally established rotation policy limiting the engagement of an auditing firm to not more than five years; and WHEREAS, proposals were received from four firms for this service and submitted to the Audit Committee for review and selection and the selection subcommittee unanimously recommended the joint venture of KPMG Peat Marwick and Verdeja & Gracier for the Redevelopment Agency audit. NOW, THEREFORE, BE IT RESOLVED BY THE CHAIRMAN AND MEMBERS OF THE MIAMI BEACH REDEVELOPMENT AGENCY that the joint venture of KPMG Peat Marwick and Verdej a & Gracier be awarded the contract to provide independent auditing services for the Redevelopment Agency for the period of Fiscal Year 1994./1995. Passed and adopted this 13th day 0 , 1995. PR~ JGP:LMW FORM APPROVED REDEVElOPMENT AGENCY By G~~ Date "(I"" 5 A c.... f Miami Beach Redevelopment Agency 1700 Convention Center Drive Miami Beach, Florida 33139 Telephone: (305) 673-7193 Fax: (305) 673-7772 REDEVELOPMENT AGENCY MEMORANDUM NO. 95-54 July 26, 1995 To: Chairman and Members of the Miami Beach Redevelopment Agency Board subject: Jose Garcia-Pedrosa ~/ Executive Director ~, A RESOLUTION OF THE CHAIRMAN AND MEMBERS BEACH REDEVELOPMENT AGENCY AWARDING THE PROVIDE INDEPENDENT AUDITING SERVICES REDEVELOPMENT AGENCY TO THE JOINT VENTURE PEAT MARWICK AND VERDEJA & GRACIER OF THE MIAMI CONTRACT TO FOR THE OF KPMG From: RECOMMENDATION: The Administration recommends that the Chairman and Members of the Redevelopment Agency award the auditing services contract for the Miami Beach Redevelopment Agency to KPMG Peat Marwick and Verdeja & Gracier as recommended by the Selection Committee. BACKGROUND: The Agency is required to have an independent audit of the accounting records performed annually. This audit function has been performed by the firm of Grau & Company for the past few years. A Request for Proposal (RFP) was initiated at this time due to an informally established City of Miami Beach rotation policy limiting the engagement of an auditing firm to not more than five years. S()UTti f)()I~t: ~edevel()pment I)lstrlct CITY Cr:~r:~ l2edevel()pment I)istrict AGENDA I'I'.E1-1 2-B Se:>t.en'lOOr 13, 1995 Proposals were received from four firms for this service and submitted to the Audit Committee for review and selection. Grau & Company did not submit a proposal. The Audit Committee appointed a subcommittee consisting of Commissioner Susan Gottlieb I Commissioner David pearlson and Tamara Nixon to review and select the auditors for the 1994/1995 fiscal year. The selection subcommittee unanimously recommended the joint venture of KPMG Peat Marwick and verdeja & Gracier for the Redevelopment Agency audit. CONCLUSION: The Agency Board is requested to adopt the recommendation of the selection subcommittee of the Audit Committee and execute the Resolution awarding the contract for auditing services for the Redevelopment Agency to the joint venture of KPMG Peat Marwick and Verdeja & Gracier. JGP:LMW Attachment RESOLUTION NO. 214-95 A RESOLUTION OF THE CHAIRMAN AND MEMBERS OF THE MIAMI BEACH REDEVELOPMENT AGENCY AWARDING THE CONTRACT TO PROVIDE INDEPENDENT AUDITING SERVICES FOR THE REDEVELOPMENT AGENCY TO THE JOINT VENTURE OF KPMG PEAT MARWICK AND VERDEJA & GRACIER WHEREAS, the Redevelopment Agency is required to have an independent audit of the accounting records performed annually; and WHEREAS, the City of Miami Beach recently initiated a Request for proposal (RFP) due to an informally established rotation policy limiting the engagement of an auditing firm to not more than five years; and WHEREAS, proposals were received from four firms for this service and submitted to the Audit Committee for review and selection and the selection subcommittee unanimously recommended the joint venture of KPMG Peat Marwick and Verdeja & Gracier for the Redevelopment Agency audit. NOW, THEREFORE, BE IT RESOLVED BY THE CHAIRMAN AND MEMBERS OF THE MIAMI BEACH REDEVELOPMENT AGENCY that the joint venture of KPMG Peat Marwick and Verdej a & Gracier be awarded the contract to provide independent auditing services for the Redevelopment Agency for the period of Fiscal Year 1994./1995. Passed and adopted this 13th day 0 , 1995. HR~ FORM APPROVED REDEVELOPMENT AGENCY ByG~~ Date (/v5 A c... f JGP:LMW Miami Beach Redevelopment Agency 1700 Convention Center Drive Miami Beach. Florida 33139 Telephone: (305) 673-7193 Fax: (305) 673-m2 : " REDEVELOPMENT AGENCY MEMORANDUM NO. 95-54 July 26, 1995 To: Chairman and Members of the Miami Beach Redevelopment Agency Board Subject: Jose Garcia-Pedrosa au Executive Director ~, A RESOLUTION OF THE CHAIRMAN AND MEMBERS BEACH REDEVELOPMENT AGENCY AWARDING THE PROVIDE INDEPENDENT AUDITING SERVICES REDEVELOPMEN'I' AGENCY TO THE JOINT VENTURE PEAT MARWICK AND VERDEJA &: GRACIER OF THE MIAMI CONTRACT TO FOR THE OF KPMG From: RECOMMENDATION: The Administration recommends that the Chairman and Members of the Redevelopment Agency award the auditing services contract for the Miami Beach Redevelopment Agency to KPMG Peat Marwick and Verdej~ & Gracier as recommended by the Selection Committee. BACKGROUND: The Agency is required to have an independent audit of the accounting records performed annually. This audit function has been performed by the firm of Grau & Company for the past few years. A Request for Proposal (RFP) was initiated at this time due to an informally established City of Miami Beach rotation policy limiting the engagement of an auditing firm to not more than five years. S()UTIi V()I~ ~edeVel()pment Vlstrlct CITY CI:~D vedevel()pment Vistrict ~ I'l'E1-1 2-B Se!:>tanber 13, 1995 Proposals were received from four firms for this service and submitted to the Audit Committee for review and selection. Grau & Company did not submit a proposal. The Audit Committee appointed a subcommittee consisting of Commissioner Susan Gottlieb, Commissioner David pearlson and Tamara Nixon to review and select the auditors for the 1994/1995 fiscal year. The selection subcommittee unanimously recommended the joint venture of KPMG Peat Marwick and Verdeja & Gracier for the Redevelopment Agency audit. ~ONCLUSION; The Agency Board is requested to adopt the recommendation of the selection subcommittee of the Audit Committee and execute the Resolution awarding the contract for auditing services for the Redevelopment Agency to the joint venture of KPMG Peat Marwick and verdeja & Gracier. JGP:LMW Attachment