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HomeMy WebLinkAboutRes1990-155 . . . Sponsored by: Schaefermeyer CITY OF SEWARD, ALASKA RESOLUTION NO. 90-155 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, APPROVING A PROFESSIONAL SERVICES AGREEMENT WITH KPMG PEAT MARWICK TO PERFORM A FIXED ASSET REVIEW AND FINANCIAL NEED ANALYSIS FOR THE CITY WHEREAS, at the request of the Mayor, the administration has solicited a proposal from KPMG Peat Marwick to conduct a fixed asset review and financial needs analysis for the city; and WHEREAS, Peat Marwick has proposed to conduct such a review and analysis for all city of Seward funds for an amount not to exceed $42,280; and WHEREAS, this study will address the condition of the city's physical plant, infrastructure and other fixed assets and the cost of present and anticipated needs of the city to maintain these assets and to meet future capital plan requirements; and WHEREAS, the findings from this study and review will be beneficial to the Council and the administration in assessing the need for adjustments to the city's property and sales tax rates during the upcoming budget process; and WHEREAS, contracts for professional services are exempt from city bid procedures; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, that: Section 1. The City Manager is authorized to enter into a professional services agreement with KPMG Peat Marwick to provide a fixed asset review and financial need analysis for the city of Seward for a contract amount not to exceed $42,280.00. Section 2. The City Manager is further authorized to make the following fund transfers: Amount From To $22,246 10,820 5,489 2,182 1,543 101-0000-4610-0010 501-0000-4610-0010 101-0000-3070 101-0000-3070 101-0000-3070 101-1180-5390 (Gen. Fund) 501-5400-5390 (Elec. Fund) 701-0000-3070 (W/S Fund) 401-0000-3070 (Hrbr. Fund) 101-1185-5610 (Hosp. Fund) -1- . . . CITY OF SEWARD, ALASKA RESOLUTION NO. 90-155 Following transfer of the funds as set forth above, the City Manager is authorized to expense each of the accounts in the amounts listed to cover the cost of the agreement approved in Section 1, above. Section 3. This resolution shall take effect immediately upon its adoption. PASSED AND APPROVED by the City Council of the city of Seward, Alaska, this 10th day of December, 1990. THE CITY OF SEWARD, ALASKA ~~ W1ll1am C. Noll, Mayor AYES: NOES: ABSENT: ABSTAIN: Dunham, Hilton, Meehan, Noll and Sieminski None Burgess and Krasnansky None ATTEST: APPROVED AS TO FORM: Perkins Coie, Attorneys for the city of Seward, Alaska 11 I ( -----, UCy(ttt j ,'tfM/) Fred B. Arvidson City Attorney (City Seal) -2-