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HomeMy WebLinkAbout2006-057 - Agreement for Services with Westbrook & Co. ~.9 BILL N0.2006-57 ORDINANCE N0.2006-57 AN ORDINANCE AUTHORIZING THE CITY OF RIVERSIDE TO ENTER INTO AN AGREEMENT FOR SERVICES WITH WESTBROOK & CO., P.C. WHEREAS, Westbrook & Co., P.C. ("Contractor") is a professional corporation providing accounting, auditing, and cash-receipts analysis services ("Services"); and WHEREAS, Contractor desires to provide such Services and requires funding to provide services to the City; WHEREAS, the City fmds that the provision of the Services is a public purpose and the City has the capability and desire to retain contractor for the provision of such Services to the City. NOW, THEREFORE, be it ordained by the Board of Aldermen of the City of Riverside, Missouri as follows: Section 1. The City finds that the provision of the services contributes to the welfare of the City as well as the economic and social potential of the City and its residents, that the services are important to the welfare of the City and that the provision of funds to assist in providing such Services are for a public purpose. Section 2. The contractor shall provide services and the City of Riverside shall pay contractor in accordance with the scope of services, terms of engagement, fees and expenses as described in the Letter of Agreement for professional service in substantially the form attached as Exhibit A, which is hereby approved. Section 3. The Mayor and City Clerk are authorized and directed to execute the Agreement ,execution of such document being conclusive proof of such approval. The City Administrator is authorized and directed to perform all acts and execute the agreement any other documents necessary or desirable to effectuate the intent of this Ordinance. Section 4. This Ordinance shall be in full force and effect from and after its passage and approval. Passed this 2°a day of May 2006. A TES Ci Clerk Mayor ~~ ~VESTBROOK & CO., P.C. Certified Public Accountants 205 west Main Richmeod, Missour164085 Telephone: (816) 7763584 KC Line: (816) 470.3584 Apri128, 2006 Fax: (sl6) a7oaloo cvavw vweabrookcps.com Mr. David Blackburn City Adminishgtor City of Riverside 2950 Vivion Road Riverside, MO 64150 Dear David, We are pleased to confirm our rmdastaading of the nature and limitations of the services we are to provide for the City of Riverside. We will provide ooasriltation and advisory services regarding the accounting system and other matters as requested by the City. These services may include, but are not limited to, the following. • Accounting assistauce Assistance with design and implementation of iateenal control systems • Internal audit funcxions • Capital asset accounting • Budgeting • Dement cost acc~mting • Assistance with debt transactions • Other services as requested . Our fees far these services will be based on the actual time spent at our standard hourly rates. Standard hourly ratan range from 575 to 5125 depending on the type of work to be performed and the experience level of the staff completing the work. Normally, you may expect as average hourly rate of approximately $95. Our invoicrs for these fees will be rendered monthly and are payable upon prosentation. We appreciate the opportemity to assist you and believe this letter accuaately sutmnatizes the significant terms of our engagement. If you have any questions, Please let us know. If you agree with the terms of onr engagement as described in this letter, please sign the enclosed copy and r+ettan to us. Sincerely, `~t~at6~t..~~ ~ ,~-, P. c . Westbrook & Co., P.C. Member; American IaatiuRe of Certir`xd Public Aocounkmts; Missouri Society of CmtiPxd Public Accwmtants -` r4.., RESPONSE: Tlvs letter correctly sets forth,~he y~derstanding of tl~ City of Riverside. sy: Title: ~ ~ D~ Hate: %~~~_~,