HomeMy WebLinkAboutResolutions - No. 2019-20RESOLUTION NO. 2019-20
A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE
CITY MANGER TO EXECUTE A TWO-YEAR EXTENSION OF THE
PROFESSIONAL SERVICES AGREEMENT WITH THE PUN GROUP, LLP,
OF SANTA ANA, FOR AUDITING SERVICES; AND FURTHER
AUTHORIZING UP TO TWO ONE-YEAR EXTENSIONS
WHEREAS, the City is required to produce a comprehensive annual financial report; and
WHEREAS, the Pun Group, LLP has conducted the City's Fiscal Year 2017-18 audit
under difficult circumstances, including a shortened timeframe; a new City of Lodi Accounting
Manager; and an Accountant and Supervising Accountant, both with less than one year
experience; and
WHEREAS, despite these challenges, the Pun Group, LLP, has conducted a thorough,
complete, and deep analysis of the City's financial statements to ensure accuracy in reporting
and disclosure of all related financial information; and
WHEREAS, the Pun Group, LLP, has served as a tremendous training resource to City
staff to ensure staff grows into their new roles appropriately while staying abreast of all the latest
changes in accounting standards; and
WHEREAS, the City Council recognizes the professionalism and exceptional auditing
work performed by the Pun Group, LLP, during the City's Fiscal Year 2017-18 audit.
NOW, THEREFORE, BE IT RESOLVED that the City Council does hereby authorize the
City Manager to execute Amendment No. 2 to the Professional Services Agreement with the
Pun Group, LLP, of Santa Ana, California, for auditing services, extending the Agreement for an
additional two years, in an amount not to exceed $249,772 through June 30, 2020; and
BE IT FURTHER RESOLVED that the Lodi City Council does hereby authorize the
City Manager to execute up two one-year extensions, if it is in the best interest of the City of
Lodi.
Dated: February 20, 2019
I hereby certify that Resolution No. 2019-20 was passed and adopted by the City Council of the
City of Lodi in a regular meeting held February 20, 2019 by the following votes:
AYES: COUNCIL MEMBERS — Johnson, Kuehne, Mounce, and Mayor Chandler
NOES: COUNCIL MEMBERS — None
ABSENT: COUNCIL MEMBERS — Nakanishi
ABSTAIN: COUNCIL MEMBERS — None
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(J.NNIFE . FERRAIOLO
City Clerk
2019-20