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HomeMy WebLinkAbout16613 1 RESOLUTION NO. 16,613 2 3 A RESOLUTION TO AMEND RESOLUTION NO. 16,149 (NOVEMBER 7, 4 2023) TO AUTHORIZE THE CITY MANAGER TO ENTER INTO AN 5 AGREEMENT WITH FORVIS MAZARS, LLP IN AN AMOUNT NOT TO 6 EXCEED THREE HUNDRED TWENTY THOUSAND, FIVE HUNDRED 7 DOLLARS ($320,500.00), TO PROVIDE CERTIFIED PUBLIC 8 ACCOUNTING SERVICES TO THE CITY OF LITTLE ROCK, 9 ARKANSAS, FOR ITS FISCAL YEAR 2024; AND FOR OTHER 10 PURPOSES. 11 12 WHEREAS,the City of Little Rock,Arkansas("City"),is required to conduct an independent fmancial 13 audit each year of its various funds and Pension Plans,in order to comply with various City Ordinances and 14 Arkansas State and Federal Laws and regulations;and, 15 WHEREAS,after a competitive process,it was determined that the firm of BKD,LLP, in Little Rock 16 Arkansas was the most qualified firm to provide these services to the City;and, 17 WHEREAS,the firms of BKD,LLP,and Dixon Hughes Goodman LLP merged to form Forvis,LLP; 18 and the firm of Forvis,LLP subsequently merged with the Mazars Group to form Forvis Mazars,LLP;and, 19 WHEREAS, the Board of Directors of the City of Little Rock, Arkansas (the "Board") adopted 20 Resolution No. 14,908(December 18,2018),which authorized the City Manager to enter into an agreement 21 with the firm of BKD,LLP(now known as Forvis Mazars,LLP),and upon satisfactory completion of the 22 City's 2018 Audit, the Board authorized the City Manager to renew the contract annually for the 2019, 23 2020,2021,and 2022 Audits,with the option of two(2)additional one(1)-year terms; and, 24 WHEREAS, the Board of Directors of the City of Little Rock, Arkansas adopted Resolution No. 25 16,149 (November 7, 2023)to exercise the option for the first of the two (2) one(1)-year renewal terms; 26 and, 27 WHEREAS,the City wishes to exercise the option for the second one(1)-year renewal term; and, 28 WHEREAS,funds for this agreement are available in the Finance Department Account No. 102501- 29 63210; Executive Administration Employee Benefits Division, Account No. 101003-63210; in the 30 Administrative allocation for various approved Grant Funds;and in the 2014 Defined Benefit Pension Fund 31 of the City. 32 NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY 33 OF LITTLE ROCK,ARKANSAS: [Page 1 of 21 1 Section 1.The Board of Directors authorizes the City Manager to enter into an agreement with Forvis 2 Mazars,LLP to provide Certified Public Accounting Services to the City of Little Rock for the 2024 fiscal 3 year with a negotiated fee not to exceed Three Hundred Twenty Thousand Five Hundred Dollars 4 ($320,500.00). 5 Section 2.This is the second and final one(1)-year renewal term. 6 Section 3. Funds for this agreement are available in the Finance Department, Account No. 102501- 7 63210; Executive Administration Employee Benefits Division, Account No. 101003-63210; in the 8 Administrative allocation for various approved Grant Funds;and in the 2014 Defined Benefit Pension Fund 9 of the City. 10 Section 4.Severabiliry.In the event any title,section,paragraph,item,sentence,clause,phrase,or word 11 of this resolution is declared or adjudged to be invalid or unconstitutional,such declaration or adjudication 12 shall not affect the remaining portions of the resolution which shall remain in full force and effect as if the 13 portion so declared or adjudged invalid or unconstitutional was not originally a part of the resolution. 14 Section 5. Repealer. All laws, ordinances,resolutions, including but not limited to Little Rock,Ark. 15 Resolution No. 14,908(December 18,2018),Resolution No. 15,927(March 7,2023),and Resolution No. 16 16,149 (November 7, 2023), or parts of the same, that are inconsistent with the provisions of this 17 resolution,are hereby repealed to the extent of such inconsistency. 18 ADOPTED: March 4,2025 19 ATTEST: APPROVED: 20 21 Mtüivi 22 Allison Segars,C 1 k Frank Scott, r.,Mayor 23 APPROVED AS TO LEGAL FORM: 24 25 t/V l • 26 Thomas M.Carpenter,City Attorn 27 // 28 // 29 // 30 // 31 // 32 // 33 // 34 // [Page 2 of 2]