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Agenda - 04/12/2004WOODBURN URBAN RENEWAL AGENCY AGENDA APRIL 12, 2004 6:45 P.M. CALL TO ORDER ROLL CALL CONSENT AGENDA A. Urban Renewal Agency minutes of June 23, 2003 ................................. 1 Recommended Action: Approve the Urban Renewal Agency minutes. GENERAL BUSINESS A. Woodburn Urban Renewal Agency Audit Contract ............................... 2 Recommended Action: Authorize the City Administrator to execute the confract with Boldt, Carlisle, and Smifh for audit services. PUBLIC HEARINGS PUBLIC COMMENT ADJOURNMENT April 12, 2004 Urban Renewal Agency Pagei URBAN RENEWAL AGENCY MINUTES JUNE 23, 2003 TAPE READING 0000 DATE. COUNCIL CHAMBERS, CITY HALL, CITY OF WOODBURN, COUNTY OF MARION, STATE OF OREGON, JUNE 23, 2003. CONVENED. The Urban Renewal Agency meeting convened at 6:47 p.m. with Chair Figley presiding. 0007 ROLL CALL. Chair Figley Present Member Bj elland Present Member Cox Absent Member McCallum Present Member Nichols Present Member Sifuentez Present Member Veliz Present Staff Present: City Administrator Brown, City Attorney Shields, Recorder Tennant Chair Figley stated that Member Cox is out of town and unable to attend this meeting. 0029 MINUTES. MCCALLUM/BJELLAND... approve the minutes of June 9, 2003 as presented. The motion passed unanimously. 0059 RESOLUTION NO. 03-01: ADOPTION OF 2003-04 URBAN RENEWAL BUDGET. Chair Figley questioned the City Attorney as to whether or not the Resolution needs to be introduced in the same manner as a City Council Bill. Attorney Shields stated that there are no procedures in place similar to regular City Council business, therefore, the resolution can be adopted by motion. MCCALLUM/NICHOLS... adopt the Urban Renewal Agency budget Resolution 03-01 for 2003-04. The motion passed unanimously. 0152 ADJOURNMENT. NICHOLS/BJELLAND... meeting be adjourned. The motion passed unanimously. The meeting concluded at 6:50 p.m.. ATTEST APPROVED Mary Tennant, Recorder City of Woodburn, Oregon KATHRYN FIGLEY, CHAIR Page 1 - Urban Renewal Agency Minutes, June 23, 2003 WOODBURN TO: FROM: SUBJECT: April 12, 2004 Urban Renewal Agency through City Administrator-d"C'~ Ben Gillespie, Finance DirectorJ~ Woodburn Urban Renewal Agency Audit Contract RECOMMENDATION: Authorize the City Administrator to execute the attached contract with Boldt, Carlisle, and Smith for audit services. BACKGROUND: City staff, acting on behalf of the Urban Renewal Agency, solicited proposals for audit services in January 2004. The staff recommendation is to award the contract to Boldt, Carlisle, and Smith LLC. DISCUSSION: The attached contract is for a three-year period. There is an option to renew for two additional two-year periods. Either party can cancel the contract by 90 days written notice. FINANCIAL IMPACT: Fees for the wark are: 2003-04 $2,500 2004-05 2,500 2005-06 2,500 Agenda Item Review: City Administrato~ City Attorney Financ '~e~_ ./)// AUDIT CONTRACT THIS CONTRACT, made this day of March __, 2004, in accordance with the requirements of Oregon Revised Statutes 297.405 through 297.555 between BOLDT, CARLISLE & SMITH, LLC, Certified Public Accountant(s) of Salem, Oregon, and the WOODBURN URBAN RENEWAL AGENCY, Oregon, provides as follows: It hereby is agreed that BOLDT, CARLISLE & SMITH, LLC shall conduct an audit of the accounts and fiscal affairs of WOODBURN URBAN RENEWAL AGENCY, Oregon, for the period beginning July 1, 2003, and ending June 30, 2004, and for the fiscal years ending June 30, 2005 and 2006, in accordance with the Minimum Standards for Audits of Municipal corporations as prescribed by law. The audit shall be undertaken in order to express an opinion upon the financial statements of WOODBURN URBAN RENEWAL AGENCY, Oregon, and to determine if the WOODBURN URBAN RENEWAL AGENCY, Oregon has complied substantially with appropriate legal provisions. e BOLDT, CARLISLE & SMITH, LLC agrees that the services they have contracted to perform under this contract shall be rendered by them or under their personal supervision. In the performance of services under this contract, BOLDT, CARLISLE & SMITH, LLC agrees that it shall use that degree of care and skill ordinarily exercised under similar circumstance by reputable members of its profession practicing in the State of Oregon. It is understood and agreed that, should unusual conditions arise or be encountered during the course of the audit whereby the services of BOLDT, CARLISLE & SMITH, LLC are necessary beyond the extent of the work contemplated, written notification of such unusual conditions shall be delivered to the WOODBURN URBAN RENEWAL AGENCY, Oregon, who shall instruct in writing BOLDT, CARLISLE & SMITH, LLC concerning such additional services, and that a signed copy of each such notification and instruction shah be delivered immediately to the Secretary of State by the Party issuing the same. The audit shall be started as soon after this contract is executed as is agreeable to the Parties hereto and shah be completed, and a written report thereon delivered within a reasonable time, but not later than six months, after the dose of the audit period covered by this contract. Adequate copies of such report shall be delivered to the WOODBURN URBAN RENEWAL AGENCY, Oregon, and its form and content shall be in accordance with and not less than that required by the Minimum Standards for Audits of Oregon Municipal Corporations. It is understood and agreed that the WOODBURN URBAN RENEWAL AGENCY, Oregon, is responsible for such financial statements as may be necessary to fully disclose and fairly present the results of operations for the period under audit and the financial condition at the end of that period. Should such financial statements not be prepared and presented within a reasonable period of time, it is understood that BOLDT, CARLISLE & SMITH, LLC shall draft them for WOODBURN URBAN RENEWAL AGENCY, Oregon. The cost of preparing such financial statements shall be included in the fee for conducting the audit as set forth in Paragraph 7 below. 6. It is understood and agreed that either Party may cancel this contract by giving notice in writing to the other Party at least ninety days prior to July 1 of any year. 7e In consideration of the faithful performance of the conditions, covenants, and undertakings herein set forth the WOODBURN URBAN RENEWAL AGENCY, Oregon, hereby agrees to pay BOLDT, CARLISLE & SMITH, LLC the sum not to exceed $2,500, for each of the fiscal years ending June 30, 2004, 2005, and 2006, and the WOODBURN URBAN RENEWAL AGENCY, Oregon, hereby affirms that proper provision for the payment of such fee has been or will be duly made and that funds for the payment thereof are or will be made legally available. Boldt, Carlisle & Smith, LLC WOODBURN URBAN RENEWAL AGENCY, Oregon by H:\Clientg~98408\Contracts~contract, ~ans l~xs 3-5-04 -WURA.doc by