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97-22262 RESO RESOLUTION NO. 97-22262 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA (THE "CITY") AUTHORIZING THE CITY MANAGER TO HIRE THE ACCOUNTING FIRM OF RACHLIN, COHEN AND HOLTZ IN CONNECTION WITH THE REVIEW BY THE CITY OF CHANGES IN CABLE TELEVISION SERVICE RATES WHICH HAVE BEEN PROPOSED BY RIFKIN NARRAGANSETT SOUTH FLORIDA CATV LIMITED PARTNERSHIP, AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE AGREEMENT WITH RACHLIN, COHEN AND HOLTZ, WHICH IS ATTACHED HERETO AND INCORPORATED HEREIN. WHEREAS, on December 17, 1996, the City of Miami Beach, Florida (the "City") receive i correspondence from Rifkin Narragansett South Florida CATV Limited Partnership of proposel changes in cable television service rates; and WHEREAS, the City is reviewing the proposed rate changes to determine if they ar ~ permissible; and WHEREAS, due to, among other things, the complexity ofthe financial data to be reviewec , the City would like to hire the accounting firm of Rachlin, Cohen and Holtz to assist the City in th ~ analysis of financial data concerning the proposed rate changes; and WHEREAS, the accounting firm of Rachlin, Cohen and Holtz would be hired pursuar t t, ) the terms of the agreement, which is attached hereto and incorporated herein. NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CIT'" COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA that: Section 1. The City Manager is authorized to hire the accounting firm of RacUir , Cohen and Holtz, pursuant to the agreement attached hereto and incorporated herein, in connecl iOJ l with the review by the City of changes in cable television service rates which have been proposel l by Rifkin Narragansett South Florida CATV Limited Partnership. Section 2. The City Manager is authorized to execute the agreement vlit] Rachlin, Cohen and Holtz, which is attached hereto and incorporated herein. Section 3. This Resolution shall take effect immediately upon its adoption. PASSED and ADOPTED this I ATTEST: e 0 ~d- -r ~ ct..v- CITY CLERK D.~.TO FORM & lAN1Gf,JAGf & FOR EXECUllON AIT\kw(f:\atto\taca\resos\catvacct. frm) Attachment 1/1~ ity Affomey 1-IS4t" Date ~ITY OF MIAMI BEACH ITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH, FLORIDA 33139 ctp:\\ci.miami-beach. fl. us COMMISSION MEMORANDUM NO. 38-9} TO: Mayor Seymour Gelber and Members of the City Commission DATE: January 22, 19~7 FROM: Jose Garcia-Pedrosa City Manager SUBJECT: A RESOLUTI OF THE MAYOR AND CITY COMMISSION AUTHORIZIN THE CITY MANAGER TO HIRE THE ACCOUNTING FIRM OF RACHLIN, COHEN AND HOLTZ IN ORDER TO REVIE\V PROPOSED CHANGES IN CABLE TELEVISION SERVICE RATE:S WHICH HAVE BEEN PROPOSED BY RIFKIN NARRAGANSETT SOUTH FLORIDA CATV LIMITED PA~TNERSHIP AND AUTHORIZING TEE CITY MANAGER TO EXECUTE AN AGREEMENT WITH RACHLIN, COHEN AND HOLTZ CONSISTENT WITH THE TERMS OF THl:S RESOLUTION. ADMINISTRATION RECOMMENDATION Approve the Resolution. BACKGROUND On December 17, 1996, the City of Miami Beach was advised of proposed changes in cable television service rates by Gold Coast Cablevision. In order to have time to evaluate the propos<~d changes, a Tolling Order was issued by the City Manager and approved by the City Commission at the January 8, 1997 Commission Meeting. The City Attorney has subsequently executed em agreement with Washington legal counsel, Robert Gurss, to represent the City in this evaluation. The services of a local accounting firm familiar with highly technical Cable Television rates and regulations is essential to analyze the financial data involved in this process. The accounting firm of Rachlin, Cohen and Holtz has been hired by the City in previous cable rate examinations." A letter outlining the new scope of the engagement and a retainer is attached. ANAL YSIS The complexity of the financial data to be reviewed necessitates the hiring of an accounting firm familiar with this specialized field. The accounting firm of Rachlin, Cohen and Holtz has work(~d for the City of Miami Beach in this capacity and has demonstrated the necessary expertise to analy:~e and assess all relevant data. CONCLUSION Hiring the accounting firm of Rachlin, Cohen and Holtz to evaluate proposed cable television service and rate changes is in the best interest of the City. JGP\R~ . I$f:lcmgr all\Ronnielaccts AGENDA ITEM (l~~ _ DATE-1-';2.2-q~~ JAN-15-97 11:48 AM RACHLIN COHEN & HOLTZ 305 377 8331 P 02 O:Jml'lfll PClIU; ACCQL.!\I:\!\IS & CO:-.JSCI.T:\\iTS .\ ",""'1I'",hil' Ind,'dill(i rrof"":11I141"\"11I'1,11Itll1:. January 15, 1997 Li~J !\ I .11'11', n'\ Dlrl." It, . ~ 1,)1'" Jose Gi.lrcia-Pt;drosa, City Manager City of Miami Heach 1700 Convontion Center Drive Miami Beach, florida 33139 RE: GoldColtst Cltblcvi,ion Dear Mr. Garcia-Pedrosa: It is the purpose ofthis letter to confirm our agreement and the engagement of our firm to perlom\ a mathi.:H1.at cal analysis of the fonn 1210 Rate Filing by GoldCo<lst Cablevision on behalfoflhl' City ofMinmi Beach Our fees for the services we perform will be charged in accordance with the various services rendel'ed wd the level of skill and responsibility required for these services at our standnrd hourly rates for this type of en gag en cnt plus oUh)f-pockct expenses that may be incurred on your behalf. We have CIIClOSl~d a schedule uf OUI 111.)1 rly billing rates. We have estimated that the fees for these services will not c~cccd $1,500. The fw estimate hus been dcrcmlinoo assuming [hat we will require between (] and X hours to analyze the fling. In the event that circumstances require additional time to be incurred or if the ~CO("IC or (Jill' scrvicc~ is in :lilY' ,ay expanded, we will discuss the situation with you prior to incurring nn) ndditiot1nl cost~. If the terms and conditions of this engagement letter arc in nc(~orclance with yom understanding llnd me ~t 'lith YO~lr approval. pl~as~ sign and date one copy of this letter in the space provided this Icllilr. Vleu!;e forwml the si~nc.;l cnga$cmcnt letter in the enclosed scl f adJrcsscd \':l1wll1l-'l.: &0~ ~UOcL~. Lisa A ~~lyt1e, CPA (). APPROVEO is TO fORM & lAlNOUAGE & FOR EXEiClllnON The services described in tllis letter are in accordance with our requirements, AC~Cd:I'<fl~_ ! so Gi\rcifl-Pcdrosa, City Manager t/ City oCMiami Beach F:.uSERS.J.'\ YNt\MnnM71 I.XIT ;fJ;~ ity Attorney 1- JS-tx::, Date I~J/fl.._.... ... Date . 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