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HomeMy WebLinkAboutContract 36451 CITY SECRETARY CONTRACT NO. ncLb STATE OF TEXAS § FIRST AMENDMENT TO § CITY SECRETARY CONTRACT COUNTY OF TARRANT § NO. 35984 This FIRST AMENDMENT TO CITY SECRETARY CONTRACT NO. 35984 ("Agreement") is made and entered into by and between THE CITY OF FORT WORTH ("CITY'), a home rule municipal corporation situated in Tarrant, Denton, Parker and Wise Counties acting by and through its duly authorized Assistant City Manager, and Emma S. Walker, PC ("CONSULTANT") acting by and through its duly authorized representative WHEREAS, the CITY and CONSULTANT, made and entered into City of Fort Worth City Secretary Contract No. 35984, ("CONTRACT"), which was authorized by the City Council by M&C P-10474 on the twenty-fourth day of October, 2006; and WHEREAS, the CONTRACT involves Accounting Services; and WHEREAS, in M&C G-15970 the City Council authorized increasing the available funds for this contract by One Hundred Thousand Dollars ($100,000.00). NOW, THEREFORE, CITY and CONSULTANT, agree as follows: 1. The second paragraph of the CONTRACT is amended to add the following sentence: "CITY and CONSULTANT consent to keep this Agreement effective until September 30, 2008, or when CITY deterinines the Services are complete,whichever occurs first." First Amendment to Contract No. 35984 Page 1 of 2 .__ am 2. The third paragraph of the CONTRACT is amended to read: "Fee. In consideration of the Services to be performed hereunder by Consultant, City promises and agrees to pay Consultant an amount not to exceed One Hundred Ninety Thousand Dollars ($190,000) ("Fee"). The Fee shall be compensation for all Services. Payment from City to Consultant shall be made on an invoice basis following receipt by City from Consultant of a signed invoice. The invoice shall be submitted to City no later than the 15th day following the end of the month." 3. All other provisions of the CONTRACT that are not expressly amended herein shall remain in full force and effect. Executed on this the\.�day ofa ," , 200_8. ATTEST: CITY OF FORT WORTH 4� • City Qtcretary Karen Montgomery Assistant City Manager/CFO APPROVED S TO FORM CONSULTANT: yant Emma S. Walker, PC By:As ity orney Name: Emma S. WaRcer Title: Chief Executive Office 1009 Henderson Street Fort Worth, Texas 76102 M&C: G-15970 First Amendment to Contract No. 35984 Page 2 of 2 ; ,,;F1�J Ii Ili;i °��,6u ON HN"AM R l @161 J0 HI TEE. Page 1 of 2 City of Fort Worth., Texas Mayor and Council Communication COUNCIL ACTION: Approved on 11/2712007 - Ordinance No. # 17875-11-2007 DATE: Tuesday, November 27, 2007 LOG NAME: 13EMMAWALKER07 REFERENCE NO.: **G-15970 SUBJECT: Authorize Amendment No. 1 to the Professional Services Agreement with Emma S. Walker, PC, to Assist in the Completion of the FY 2006 Comprehensive Annual Financial Report and Adopt Supplemental Appropriation Ordinance RECOMMENDATION: It is recommended that the City Council: 1. Authorize Amendment No. 1 to City Secretary Contract No. 35984, a professional services agreement with Emma S. Walker, PC, to assist in the completion of the FY2006 Comprehensive Annual Financial Report, increasing the compensation by $100,000, for a total cost not to exceed $210,000; and 2. Adopt the attached supplemental appropriation ordinance increasing appropriations in the General Fund by $100,000, and decreasing the unreserved, undesignated fund balance by the same amount. DISCUSSION: The Finance Department uses this agreement to assist in the completion of the FY 2006 Comprehensive Annual Financial Report (CAFR). Contract accounting staff from Emma S. Walker, PC, assisted with completion of the FY2004 and FY2005 CAFRs and is assisting with the FY2006 CAFR. Additional assistance will be needed from Walker to help complete the FY2007 CAFR. On August 24, 2006, the Purchasing Manager awarded a purchase order to Emma S. Walker, PC, to assist in the completion of the FY2005 CAFR for a cost of $20,000. On October 24, 2006, Council approved M&C P-10474, authorizing execution of a professional services contract with Emma S. Walker, PC, and increasing the existing purchase order by $90,000, for a total cost of$110,000. The Finance Department is requesting to increase the agreement by $100,000, for a total cost of$210,000. Contract accounting staff is utilized to address peak load demands in accordance with recommendations made by MAXIMUS, Inc., as a result of the operations review of the Finance Department. FISCAL INFORMATION/CERTIFICATION: The Finance Director certifies that upon approval of the above recommendations and adoption of the attached supplemental appropriation ordinance, funds will be available in the current operating budget, as appropriated, of the General Fund. Upon approval, the unaudited, unreserved, undesignated fund balance of the General Fund will be $5,897,001, which is the amount available above the minimum reserve fund balance of $51,164,694 required by the City's Financial Management Policy Statements (i.e., 10 percent of the current-year adopted budget expenditures less the annual transfer from the General Fund to the Debt Service Fund). TO Fund/Account/Centers FROM Fund/Account/Centers http://www.cfwnet.org/council_packet/Reports/mc_print.asp 12/31/2007 Page 2 of 2 GG01 539120 0132010 $100,000.00 GG01 539120 0132010 $100,000.00 Submitted for Cif Manager's Office b Karen Montgomery (6222) Originating Department Head: Lena Ellis (8517) Additional Information Contact: Mae Gray-Rossi (8325) http://www.cfwnet.org/council_packet/Reports/mc_print.asp 12/31/2007