HomeMy WebLinkAboutResolutions - No. 2021-36RESOLUTION NO. 2021-36
A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE
CITY MANAGER TO EXECUTE A PROFESSIONAL SERVICES
AGREEMENT WITH BELL BURNETT & ASSOCIATES, OF PLYMOUTH,
TO PERFORM CAPITAL ASSETS ACCOUNTING SERVICES; AND
FURTHER APPROPRIATING FUNDS
------------
WHEREAS, the City owns a variety of fixed and moveable capital assets; and
WHEREAS, the Government Account Standards Board (GASB) issues accounting and
financial rules for State and local governments that require capital assets to be reported in the
City's annual financial statements net of depreciation; and
WHEREAS, proposals from accounting firms with experience in capital assets and Electric
Utilities were received and evaluated in addressing the City's audit findings; and
WHEREAS, staff recommends authorizing the City Manager to execute a Professional
Services Agreement with Bell Burnett & Associates; and
WHEREAS, staff recommends that funds in the amount of $30,000 be appropriated from
the fund balance of General Fund (10095000.72450) for Fiscal Year 2020/21 and $20,000, from
the fund balance of Electric Utility (50060001.72450) for Fiscal Year 2020/21.
NOW, THEREFORE, BE IT RESOLVED that the City Council does hereby authorize the
City Manager to execute a Professional Services Agreement with Bell Burnett & Associates, of
Plymouth, California, for capital asset accounting services, in an amount not to exceed $50,000;
and
BE IT FURTHER RESOLVED that the Lodi City Council does hereby authorize an
appropriation in the amount of $50,000, as set forth above; 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: February 17, 2021
hereby certify that Resolution No. 2021-36 was passed and adopted by the City Council of the
City of Lodi in a regular meeting held February 17, 2021 by the following votes:
AYES: COUNCIL MEMBERS — Chandler, Hothi, Khan, Kuehne, and
Mayor Nakanishi
NOES: COUNCIL MEMBERS — None
ABSENT: COUNCIL MEMBERS — None
ABSTAIN: COUNCIL MEMBERS — None
JENNIFE CUSMIR
City Clerk
2021-36