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HomeMy WebLinkAbout90-009 CC ResolutionRESOLUTION NO. 90-09 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULA APPROVING A CONTRACT FOR FINANCIAL SERVICES WITH MORELAND AND ASSOCIATES, INC. The City Council of the City of Temecula finds as follows: WHEREAS, the City was incorporated on December 1, 1989; and WHEREAS, the City does not have a financial accounting system in operation; and WHEREAS, the City Manager has recommended that Moreland and Associates be retained to prepare a financial accounting system with software for the City; NOW THEREFORE, BE IT RESOLVED, by the City Council of the City of Temecula, that: Section 1. The proposal for financial services dated December 6, 1989, and attached hereto as Exhibit "A", is hereby approved, and the City Manager is authorized to sign the agreement with Moreland and Associates, Inc. to provide for said services. APPROVED AND ADOPTED this 30th day of January, 1990. Ronald J. Parks, Mayor ATTEST: F. D. Aleshire, City Clerk [SEAL] Resos 90--09 STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) CITY OF TEMECULA ) SS I, F. D. Aleshire, City Clerk of the City of Temecula, HEREBY DO CERTIFY that the foregoing Resolution 90-09 was duly adopted at a regular meeting of the City Council of the City of Temecula on the 30th day of January, 1990, by the following Roll call vote: AYES: 5 COUNCILMEMBERS: Birdsall, Lindemans, Moore, Mufioz, Parks NOES: 0 COUNCILMEMBERS: None ABSENT: 0 COUNCILMEMBERS: None F. D. Aleshire, City Clerk Rems 90419 · EXHIBIT "A" Moreland CER'I'IRED PUBLIC ACCOUNTANTS 610 NEWPORT CENTER DRIVE, SUrFE 600 NEWPORT BEACH, CAUFORNIA 92660 {714J 760-9788 December 6, 1989 Mr. Frank Aleshire City Manager City of Temecula P.O· Box 3000 Temecula, CA 92390 Dear Mr. Aleshire: In accordance with your request we are providing this proposal to provide consulting services for the position of Interim Finance Director. Based on our discussions, we believe the goal of our services will be to help establish the City's Department of Financial Management with the following objectives to be accomplished: Prepare transition year budget. Prepare and analyze request for proposal for permanent banking services. Prepare and implement the City's investment policy. Implement system of internal controls. Select and implement accounting software including the development of the City's chart of accounts. Train and supervise accounting clerk on use of accounting software and maintenance of cash receipts and disbursements records. Review general ledger activity weekly and prepare monthly financial statements. Prepare monthly Treasurer's report in accordance with State code. Maintain audit trail and workpapers for use by City auditors. Moreland & Associates, Inc. is a large local firm of certified public accountants which specializes in providing accounting, auditing and consulting services to California cities and other governmental units. Mr. Frank Aleshire City Manager City of Temecula P.O. Box 3000 Temecula, CA 92390 We will provide to you Ms. Mary Jane Henry to work with you and serve as Interim Finance Director. She will accomplish the above objectives at your direction. Ms. Henry most recently served as Interim Finance Director for the City of Dana Point, which incorporated January 1, 1989. In our estimation the minimum time to perform the above tasks will be two days per week for three months. However, should you require more of her time we will make every effort to accommodate your needs. Fees for our services are as follows: Monthly retainer (64 hours/month from Ms. Henry) Monthly out-of-pocket expenses Total monthly retainer $3,200 100 $3,300 Time in excess of retainer if requested will be billed at the following hourly rates: Partner Manager Supervising Senior Out-of-pocket expenses at cost $100 75 5O This fee structure will be effective through May 31, 1990. Thank you for providing us with the opportunity to present this proposal for services. Please call if you have any questions. Very truly yours, MORELAND & ASSOCIATES, INC. Michael C. Moreland MCM:bpa