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HomeMy WebLinkAboutReso 2007-039 RESOLUTION NO. 2007-039 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AMENDING THE FISCAL YEAR 2006-2007 CITY COUNCIL BUDGET IN ACCORDANCE WITH THE BUDGET TRANSFER POLICY, APPROVING, IN CONCEPT THE SELECTION OF ECONOMIC & PLANNING SYSTEMS (EPS) AS THE CONSULTANT TO PERFORM AN INDEPENDENT FINANCIAL REVIEW OF THE CITY OF CHULA VISTA, AND DIRECTING THE CITY MANAGER TO PROCEED WITH CONTRACT NEGOTIATIONS WHEREAS, on December 5, 2006, Mayor Cox presented her 10-point action plan, which included as its first point of action an Independent Financial Review (IFR) of the City's finances; and WHEREAS, on January 4, 2007, in consultation with the IFR Council Subcommittee, consisting of Mayor Cox and Councilman Castaneda, the City Manager issued a Request for Proposals (RFP) in order to identify a third-party consultant to conduct the IFR; and WHEREAS, Economic & Planning Systems (EPS) submitted a proposal in response to the RFP and the IFR Council Subcommittee has determined EPS to be the most responsive and responsible bidder with the proposal that best meets, or exceeds, the requirements of the Scope of Work included in the RFP, and is considered to be the most advantageous to the City; and WHEREAS, the cost of retaining EPS to conduct the IFR will be in an amount not-to- exceed $40,000, and will require a budget transfer between budgetary categories within the City Council's operating budget; and WHEREAS, the City Council Policy on Financial Reporting and Transfer Authority indicates that any transfers between budgetary categories (Personnel Services, Supplies and Services, Other Expenses and Capital) over $15,000 requires City Council approval; ~d WHEREAS, it is anticipated that sufficient savings exists within the City Council Budget due to reducing the Coastal Environmental Land Use Consultant position from full-time to half- time; and WHEREAS, the anticipated contract with EPS will be under the maximum dollar amount of contracts which the City Manager is authorized to enter into on the City's behalf, pursuant to the City's Municipal Code. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista hereby approves, in concept, the selection of Economic & Planning Systems to perform an Independent Financial Review of the City; amends the Fiscal Year 2006-2007 budget by transferring $40,000 from the Personnel Services category to the Supplies and Services category to fund the Independent Financial Review, and directs the City Manager to proceed with contract negotiations, accordingly. Resolution No. 2007-039 Page 2 Presented by Approved as to form by ~~~k~ Ann Moore City Attorney PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 6th day of February 2007 by the following vote: AYES: Councilmembers: Castaneda, McCann, Ramirez, Rindone, and Cox NAYS: Councilmembers: None ABSENT: Councilmembers: None G~o~ Cheryl Cox, M r ATTEST: - ~u. tLJ....L ~"-~ ~ Susan Bigelow, MMC, City erk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Susan Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2007-039 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 6th day of February 2007. Executed this 6th day of February 2007. ~ ~ t1.~ ~<,-j'-er--' Susan Bigelow, MMC, City erk