HomeMy WebLinkAboutAgenda Statement 1987/05/19 Item 9 COUNCIL AGENDA STATEMENT
Item 9
Meeting Date 5/19/87
A.i ,EM TITLE: Resolution/Y0 `)— Approving Agreement with the Accounting Firm of
Touche Ross for Auditing Services
SUBMITTED BY: Director of Finance � (4/5ths Vote: Yes No X )
REVIEWED BY: City Manager d
On May 12, 1987, the City Council approved the staff's recommendation to accept
the proposal of Touche Ross to provide auditing services for the City of Chula Vista
including the Chula Vista Redevelopment Agency and directed staff to return with
the required agreement. Attached is the agreement between the City and Touche Ross
for your review and approval .
RECOMMENDATION: That the City Council adopt the Resolution approving the Agreement
with the accounting firm of Touche Ross for three fiscal years 1986-87, 1987-88
and 1988-89.
BOARDS/COMMISSIONS RECOMMENDATION: Not applicable.
DISCUSSION:
As indicated in staff's report to the City Council on May 12, 1987, the accounting
firm of Touche Ross was selected based on an evaluation made by the Audit Review
Committee. Since all seven firms submitting proposals were considered qualified,
the proposed fee structure was a major factor in the recommendation. Touche Ross
was the lowest bidder at $20,900.
FISCAL IMPACT:
The cost of the audit for the fiscal year ending June 30, 1987, will be $20,900.
Fees for the two succeeding fiscal years will be adjusted based on the Consumer
Price Index not to exceed 7% in either year.
/ yk" the City Co uncil of
Chula Vista, California
Dated 1 ,%
Form A-113 (Rev. 11/79)