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95-21663 Reso RESOLUTION NO. 95-21663 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH,FLORIDA, APPOINTING THE FIRMS OF KPMG PEAT MARWICK AND VERDEJA & GRACIER TO PERFORM THE AUDIT OF THE BOOKS AND RECORDS OF THE CITY AND TO APPOINT THE FIRM OF WATSON & COMPANY TO PERFORM THE AUDIT OF THE VISITORS AND CONVENTION AUTHORITY AND SPECTACOR MANAGEMENT GROUP. Whereas, the City of Miami Beach is required to present an annual independent audit of its books and records; and, Whereas, pursuant to that requirement the City has solicited proposals from independent auditing firms to perform this service. NOW,THEREFORE BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA: • That the firms of KPMG Peat Marwick and Verdeja& Gracier be appointed to audit the books and records of the City and that the firm of Watson & Company be appointed to audit the books and records of the Visitors and Convention Authority and Spectacor Management Group. Passed and Adopted this 26th day of July , 1995. / 4 / I I 1 L lirr Mayor Attest: I / • 4(0 r FORM APPROVE ity Clerk LEGAL DEPT. By CD Date - CITY OF MIAMI BEACH CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH FLORIDA 33139 OFFICE OF THE CITY MANAGER TELEPHONE: (305) 673-7010 FAX: (305) 673-7782 COMMISSION MEMORANDUM NO. 6-9,s iks July 26, 1995 To: Mayor Seymour Gelber and Members of the City Commission From: Jose Garcia-Pedrosa ,71 City Manager Subject: Award of RFP 95-94/99, to provide Independent Auditing Services Administrative Recommendation The Administration recommends that the Mayor and City Commission award the auditing services for the City to the joint venture of KPMG Peat Marwick and Verdeja & Gracier and to award the auditing services contract for the Visitor's and Convention Authority and the Spectacor Management Group to Watson& Company as recommended by the Selection Committee. Background The City of Miami Beach is required to have an independent audit of the accounting records of the City annually. This audit function has been performed by the firm of Deloitte & Touche for many years. The City has informally established a rotation policy limiting the engagement of an auditing firm to not more than five years. This was the impetuous to develop and sent out the RFP for these services. Proposals were received from five firms for this service. The Proposals were sent to the Audit Committee for review and selection. 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 1994/95 fiscal year. The selection unanimously recommended the joint venture of KPMG Peat Marwick and Verdeja& Gracier for the City audit and the firm of Watson & Company for the audits of the Visitor's and Convention Authority and Spectacor Management Group. Conclusion The Administration requests that the Mayor and City Commission adopt the selection committee's recommendation and award the RFP for auditing services to the joint venture of KPMG Peat Marwick and Verdeja& Gracier and to Watson& Company. JGP/RJN/cp AGENDA_Ca_. ITEM l DATE