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UN'n 'j F City of Sunny Isles Beach <br /> ` ,,� 18070 Collins Avenue <br /> Uk ) Sunny Isles Beach, Florida 33160 <br /> • <br /> • <br /> e (305)947-0606 City Hall <br /> pr .0 <br /> : 5 I. (305)949-3113 Fax <br /> MEMORANDUM <br /> TO: The Honorable Mayor and City Commission <br /> VIA: Christopher J. Russo, City Manager <br /> Audra K. Curts-Whann, Finance Director on behalf of the <br /> FROM: AUDIT COMMITTEE OF THE CITY OF SUNNY ISLES <br /> BEACH <br /> DATE: 3/17/2016 <br /> Resolution Recommending Selection of External Auditor <br /> RE: for the City Pursuant to Section 218-391, Florida Statutes <br /> - Ranked Firms for Professional Auditing Services <br /> RECOMMENDATION: <br /> Staff recommends the Commission approve the attached Resolution. <br /> REASONS: <br /> Per Florida State Statutes, the City is required to have an annual audit of <br /> its accounts and records performed by an independent Certified Public <br /> Accountant. The City completed its most recent independent audit <br /> agreement with a final term of six years with Keefe, McCullough and <br /> was in a position to rebid for professional auditing services. <br /> Florida law requires the City to take the following steps to hire an <br /> auditor: (1) City Commission must establish an audit committee; (2) the <br /> audit committee is required to prepare and issue the RFP; and (3) the <br /> audit committee is required to recommend to the City Commission <br /> three firms in order of preference; and (3) the City Commission can <br /> authorize negotiation with the First Ranked firm. If negotiation fails, <br /> negotiations may occur with the Second Rank firm. All activities of the <br /> audit committee are subject to the Sunshine Law. <br /> 68 <br />