HomeMy WebLinkAboutResolutions - No. 2020-290RESOLUTION NO. 2020-290
A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE
CITY MANAGER TO EXECUTE A ONE-YEAR EXTENSION OF THE
PROFESSIONAL SERVICES AGREEMENT WITH THE PUN GROUP, LLP, OF
SANTA ANA, FOR AUDITING SERVICES
WHEREAS, the City is required to produce a comprehensive annual financial report; and
WHERAS, the City initially selected The Pun Group for the Fiscal Year 2017-18 audit for
a one-year contract; in March 2018 Council extended the contract for two additional years based
on The Pun Group's satisfactory performance on the Fiscal Year 2017-18 audit; and
WHEREAS, The Pun Group has conducted the City's Fiscal Year audit for the last three
years, by asking the pointed, directed, and probing questions a City striving for transparency in
financial reporting wants to be asked by its auditor; and
WHEREAS, despite the challenges associated with the COVID-19 pandemic, The Pun
Group 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 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 2019-20 audit.
NOW, THEREFORE, BE IT RESOLVED that the City Council does hereby authorize the
City Manager to execute a one-year extension of the Professional Services Agreement with The
Pun Group, LLP, of Santa Ana, California, for auditing services, in an amount not to exceed
$82,192, through the June 30, 2021 audit and $331,964 for the life of the contract; and
BE IT FURTHER RESOLVED, pursuant to Section 6.3q of the City Council Protocol
Manual (adopted 11/6/19, Resolution No. 2019-223), the City Attorney is hereby authorized to
make minor revisions to the above -referenced document(s) that do not alter the compensation or
term, and to make clerical corrections as necessary.
Dated: December 2, 2020
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I hereby certify that Resolution No. 2020-290 was passed and adopted by the City Council of the
City of Lodi in a regular meeting held December 2, 2020 by the following votes:
AYES: COUNCIL MEMBERS — Chandler, Nakanishi, and Mayor Kuehne
NOES: COUNCIL MEMBERS — None
ABSENT: COUNCIL MEMBERS — Mounce
ABSTAIN: COUNCIL MEMBERS — None
X' JENNIF CUSMIR
City Clerk
2020-290