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<br />Preview <br /> <br />Page 1 of2 <br /> <br /> <br />City of Sunny Isles Beach <br />18070 Collins Avenue <br />Sunny Isles Beach, Florida 33160 <br /> <br />(305) 947-0606 City Hall <br />(305) 949-3113 Fax <br /> <br />MEMORANDUM <br /> <br />TO: <br /> <br />The Honorable Mayor and City Commission <br /> <br />FROM: <br /> <br />MinaI Shah, Assistant City Manager-Finance <br /> <br />DATE: <br /> <br />11/17/2011 <br /> <br />RE: <br /> <br />Entering into an agreement with Public Resources Management Group, <br />Inc to perform FP&L Franchise Fee Allocation and Distribution Review <br /> <br />RECOMMENDATION: <br /> <br />Staff is recommending the Commission approve the attached resolution to enter into an <br />agreement with Public Resources Management Group, Inc. (PRMG) to review allocation <br />and the distribution of the receipts of the FP&L franchise fees. <br /> <br />REASONS: <br /> <br />The City has an interlocal agreement with Miami-Dade County where the franchise fees <br />are collected by the County and a distribution is made to the City in August for the <br />preceding calendar year earnings. The distribution is based on a calculation contained <br />within the agreement. Currently, nine cities have similar interlocal agreements. Staff is <br />recommending that the cities collaborate and have a joint review performed on the <br />accuracy of the calculation and the distribution of FP&L franchise fees. <br /> <br />Staff is recommending to contract with PRMG, who specializes in the audit of franchise <br />fees. Their scope of work is to review the FP&L Franchise Fee Calculation and <br />Methodology currently used by Miami-Dade County and to determine whether it is <br />consistent to the methodology in the respective city's interlocal agreement. This firm <br />was used in 2004, when the Village of Pinecrest organized a collaborative evaluation of <br />the FP&L franchise fee receipts. <br /> <br />The cost is $18,900 to perform the evaluation. The cost of the agreement will be shared with <br />the participating cities and allocated based on the percentage of their actual FY 2010/2011 <br />franchise fee distribution. The other cities that have to date agreed to participate are Doral, <br />Miami Lakes, Miami Gardens, Palmetto Bay, Cutler Bay, Aventura and Key Biscayne. <br /> <br />http://sibagenda.sibfl.net/agenda/Preview.aspx?ItemID=641 &MeetingID=O&MeetingDate... 11/9/2011 <br />