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RESOLUTION 87-18871 RESOLUTION NO. 87-18871 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, AUTHORIZING THE MAYOR TO EXECUTE THE ENGAGEMENT LETTER APPOINTING TOUCHE ROSS & CO. AS AUDITORS FOR THE FISCAL 1986/1987 AND CONSULTANTS TO DEVELOP AN INDIRECT COST ALLOCATION PLAN BE IT RESOLVED RY THF CITY COMMISSTON OF THE CITY OF MIAMI BEACH, FLORIDA: WHEREAS, the City Commission of the City of Miami Beach desires the highest quality in auditing and consulting services; and WHEREAS, Touche Ross & ; Co. has served as auditors for six years and undertaken numerous consulting tasks for the City; and WHEREAS, Touche Ross & Co. has demonstrated a high level of professional competence and expertise in the services provided to the City. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, THAT: The Mayor of the City of Miami Beach, Florida is authorized to execute the Engagement Letter of Touche Ross &. Co. appointing them as auditors for the fiscal 1986/1987 year and as consultants to develop an indirect cost allocation plan for the City. PASSED and ADOPTED this 3rd day of June , 1987. 4._ vice Mayor Attest: "hitt-A:4 ).—.)-) City Clerk APPROVED AS TO FORM: cwzr Legal Department Dated 4;4341 eetv M,'e f,,,, FLORID A 3 3 1 3 9 "V7' 4c4N, •*i1NCOR'••ORATED*s' "V A CA TIONL A ND U. S. A. " NtH le)" OFFICE OF THE CITY MANAGER CITY HALL ROB W.PARKINS 1700 CONVENTION CENTER DRIVE CITY MANAGER TELEPHONE: 673-7010 COMMISSION MEMORANDUM NO. 3361 — ('-' 17 DATE: June 3, 1987 TO: Mayor Alex Da• • • and Members of e City Com ission .f. /2' . dor 410,4-\ FROM: Rob W. Park! - v CityManageri`r'� - SUBJECT: APPOINTMENT OF OUCHE ROSS AS AUDITORS AND CONSULTANTS Touche Ross has served as the Auditors for the City of Miami Beach for six years. During this period they have also provided numerous consulting services for the City. The attached Resolution authorizes the Mayor to execute the Engagement Letter for Touche Ross to under- take the audit of the fiscal 1986/87 year and to provide consulting services to develop an indirect cost allocation plan for the City. The audit fee is $67,800 and the fund will be available in the fiscal 1987/88 budget. The cost to develop the indirect cost allocation plan is $30,000 and funds are available in the unclassified accounts for this service. ADMINISTRATION RECOMMENDATION The Administration recommends that the Commission approve the attached Resolution authorizing the Mayor to execute the Engagement Letter appointing Touche Ross as auditors and consultants. RWP:RJN:sw Attachment w , 7 rA' AS O. FUS`ill,.`.? SOURCE - Y 2 13 1987 S. AGENDA C______1.1 A ITEM DATE — 3---g- 1 ORIGINAL RESOLUTION NO. 87-18871_ (Authorizing the Mayor to execute the en- gagement litter appointing Touche Ross & Co. as auditors for the Fiscal 1986/1987 and consultants to develop an indirect cost allocation plan)