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Ordinance No. 2005 -172 <br />preparation and implementation of the 2005 Comprehensive Annual Financial Report <br />(CAFR), and also, as an option to be exercised by the City, for the 2006 Report, in <br />accordance with the Request for Proposals prepared by the Director of Finance. A copy <br />of said Request for Proposals is attached to this Ordinance as Exhibit A. <br />SECTION 2: That the Mayor be and he hereby is authorized, upon approval of <br />the Board of Control, to enter into an agreement with the professional person or firm <br />selected in the RFP process. Said agreement shall provide for the requested services to be <br />rendered by the selected professional for the preparation and implementation of the 2005 <br />CAFR, and shall, in addition, provide for an option, to be exercised on behalf of the City <br />by the Board of Control upon the recommendation of the Director of Finance that said <br />services are necessary, for said selected professional to provide services for preparation <br />and implementation of the 2006 CAFR. Said agreement shall further be in a form and <br />substance that is not substantially adverse to the City and which is approved by the <br />Director of Law. The character of any such changes as not being substantially adverse to <br />the City shall be evidenced conclusively by the execution of the agreement by the Mayor <br />and the approval of the agreement by the Director of Law. <br />SECTION 3: That this Ordinance is hereby declared to be an emergency measure <br />immediately necessary for the preservation of the public peace, health, safety and welfare, <br />of this City and for the further reason that it is necessary that this legislation go in effect <br />so that the 2005 CAFR may be timely prepared and implemented; and further provided it <br />receives the affirmative vote of two - thirds of all members of Council, it shall take effect <br />and be in force immediately upon its passage and approval by the Mayor.. <br />PASSED: <br />ATTEST.• <br />iRBARA L. SEMAN <br />erk of Council <br />APPROVED: <br />MAYOR THOMAS E. O'GRADY <br />First Reading: I OS <br />Second Reading: ! a a e OS' <br />Third Reading: <br />Committee: <br />2 <br />434� 71�� <br />KEVIN M. KENNEDY <br />President of Council <br />APPROVED AS TO LEGAL FORM: <br />/s /James M. Dubelko <br />JAMES M. D UBELKO <br />Director of Law <br />