Resolution No. (N.C.S.)
A Resolution of the City Council of the City of Salinas AUTHORIZING the City Manager TO EXECUTE AN AGREEMENT WITH MV CHENG & ASSOCIATES, INC. FOR ACCOUNTING, FINANCIAL REPORTING, AND OTHER FINANCE-RELATED SERVICES Whereas, accounting, financial reporting, and budgeting are essential functions of the City of Salinas; and Whereas, due to several staff vacancies, the City’s Department of Finance, which is responsible for these functions, requires assistance in performing them; and Whereas, MV Cheng & Associates, Inc. (“MV Cheng”) is qualified by experience and ability to perform accounting, financial reporting, and other finance-related services; and Whereas, on July 22, 2022, the City entered into a professional services agreement to receive such services from MV Cheng; and Whereas, the total cost of services provided by MV Cheng exceeded the agreement’s contract limit by one thousand six hundred forty-five dollars ($1,645); and Whereas, MV Cheng & Associates, Inc. is willing to perform accounting, financial reporting, and other finance-related services for the period July 1, 2023, through December 31, 2023, with an additional one-year option.
Now, therefore, be it resolved that the Salinas City Council approves payment of one thousand six hundred forty-five dollars ($1,645) to MV Cheng & Associates, Inc. for the cost of services previously provided to the City; and be it Further resolved that the Salinas City Council authorizes the City Manager to execute a professional services agreement with MV Cheng & Associates, Inc. for accounting, financial reporting, and other finance-related services for the period of July 1, 2023, through December 31, 2023, with an additional one-year option for a not-to-exceed amount of two hundred thousand dollars ($200,000).
Passed and approved this 20th day of June 2023, by the following vote:
Ayes:
Noes:
Absent:
Abstain:
Approved:
______________________________
Kimbley Craig, Mayor
Attest:
_________________________
Patricia M. Barajas, City Clerk
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