HomeMy WebLinkAbout1988-03-09; Parking Authority; MinutesI J
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MINUTES
Meeting of:
Date of Meeting:
CARLSBAD PARKING AUTHORITY (Adjourned Meet ing)
March 9, 1988
Time of Meeting: 9:00 a.m.
Place of Meeting: City Manager's Conference Room MEMBERS
CALL TO ORDER:
The meeting was ca 11 ed to order by Chairman Prescott
at 9:15 a.m .
ROLL CALL:
The following roll call was taken:
Present: Prescott, Jardine, Dunne and Goodwin.
Absent: Anear.
1. REPORT FROM FINANCE DIRECTOR CONCERNING AUDIT
FIRM SELECTION.
Jim Elliott, Finance Director, reported on the
process being used to select an audit firm to
conduct the City audit. He states that the City
had sent RFP' s to 14 firms, and responses have
been received from nine firms. He continued
stating five firms would be interviewed prior to
final selection of a firm. With regard to
prices, he noted that the proposals for
conducting the City's audit ranged from $24,500
to $27,000, and the price range for the Parking
Authority was $500 to $1,000.
• Specifically, the proposals were as follows:
A. Diehl Evans proposed $24,800 for the City
audit and $975 for the Parking Authority
audit .
B. Moreland and Associates proposed $24,500 for
the City audit and $750 for the Parking
Authority audit.
C. Arthur Young proposed $24,800 for the City
audit and $1,000 for the Parking Authority
audit.
D. Peat Marwick Mitchell proposed $27,000 for
the City audit and $500 for the Parking
Authority audit.
E. Mike Conrad and Associates proposed $26,500
for the City audit and $1,000 for the Parking
Authority audit.
He concluded stating that price was not the only
factor the City considers when making a
selection . He also indicated that if the
Authority desired, they could set a cap on the
amount to be paid for conducting the Parking
Authority's audit, and the City would pay the
difference if there was one.
The Authority accepted the recommendation of the
Finance Director to use the City's audit firm to
conduct the Parking Authority audit, and agreed
that no more than $850 should be paid by the
Parking Authority for preparation of their audit.
Prescott
Jardine
Dunne
Goodwin
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CARLSBAD PARKING AUTHORITY Page 2
The Parking Authority requested that they receive
notification on which audit firm is selected and
the cost to the Parking Authority.
ADJOURNMENT
The meeting was adjourned at 9:30 a.m.
Respectfully submitted,
~~
ALETHA RAUTENKRANZ
City Clerk