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HomeMy WebLinkAboutCONRAD & ASSOCIATES, LLP - 1997-01-10sU ity Contracts Checklist for Submittal to i B I City Clerk's Office (Please transmit this form when your contract is ready to be filed in the City Clerk's office) To: Connie Brockway, City Clerk x5404 1. Name of Contractor: CONRAD & ASSOCIATES, L.L.P i . Purpose of contract: AUDITING PROCEDURES FOR HOUSING AND BOND COMPLIANCE 3. Expiration Date: APRIL 10, 1997 4. Amount of Contract: $9,900.00 A Is the attached contract RELATED to a PREVIOUSLY SUBMITTED contract (renewaVamendmentletc)? O YES ✓ NO B Did you attach the LIST OF CONSULTANTS from whom proposa!s were requested —pursuant to HBMC 3.03.1007 CIYES ✓ NIA OR Is the attached contract a SOLE SOURCE? O YES ✓ NIA C. Did you attach a COPY of the insurance cent ficate/waiver and send the ORIGINAL to Risk Management? ✓ YES PLEASE INCLUDE: LAURA NELSON X5542 Nvne/Extension ECONOMIC DEVELOPMENT Department 6/25/02 Da,e g,ltarmslcity clerk contract cheddist.doe CLERK'S OFFICE USE ONLY: C00-gory Data En O Ai ha Numeric ID f f, CO `600.10 or `600.30 Pending J1lo%y7' C0A1R4L> .r r04 AH M14el woa5IIIVFi f /�� t-11 � 76 C17-Y cz FRS o'A( . y,X: y/o%7 Cge CAA )jF DNI: for N AGREEMENT BETWEEN THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH AND CONRAD & ASSOCIATES, L.L.P. TO PROVIDE AGREED -UPON AUDITING PROCEDURES FOR HOUSING AND BOND COMPLIANCE THIS AGREEMENT is made and entered into this 10th day of January, 1997, by and between the REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH, a public body, corporate and politic (hereinafter referred to as "AGENCY), and CONRAD &: ASSOCIATES, L.L.P., a general partnership (hereinafter referred to as "CONTRACTOR'). )WHEREAS, AGENCY desires to engage the services of CONTRACTOR to provide agreed - upon auditing services for housing bond compliance in the City of Huntington Beach; and Pursuant to documentation on file in the office of the City Clerk, the provisions of HBMC Chapter 3.03 relating to procurement of professional service contracts have been complied with; and CONTRACTOR has been selected to perform said services. NOW, THEREFORE, it is agreed by AGENCY and CONTRACTOR as follows: 1. WORD: STATEMENT CONTRACTOR shall provide all services as described in CONTRACTOR'S proposal dated November 8, I996 (hereinafter referred to as Exhibit "A"), which is attached hereto and incorporated into this Agreement by this reference. Said services shall sometimes hereinafter be referred to as "PROJECT". CONTRACTOR hereby designates Michael A. Harrison, who shall represent it and be its sole contact and agent in all consultations %%ith AGENCY during the performance of this Agreement. 2. AGENCY STAFF ASSISTANCE AGENCY shall assign a staff coordinator to work directly with CONTRACTOR in the performance of this Agreement. 3. TIME OF PERFORMANCE Time is of the essence of this Agreement. The services of the CONTRACTOR are to commence as soon as practicable after the execution of this Agreement and all tasks specified in Exhibit "A" shall be completed no later than ninety (90) days from the date Of this Agreement. These times may be extended with the written permission of the AGENCY. 4. COMPENSATION In consideration of the performance of the services described herein, AGENCY agrees to pay CONTRACTOR the total fee not to exceed Nine Thousand Nine Hundred Dollars ($9,900.00). S. 1.1 EXTRA WORK In the event AGENCY requires additional services not included in Exhibit "A", or changes in the scope of services described in Exhibit "A", CONTRACTOR will undertake such work after receiving written authorization from AGENCY. Additional compensation for such extra work shall be allowed only if the prior written approval of AGENCY is obtained. DELIVERY OF WORK PRODUCT A. A copy of every technical memo and report prepared by CONTRACTOR shall be submitted to the AGENCY to demonstrate progress toward completion of tasks. In the event AGENCY rejects or has comments on any such product, AGENCY shall identify specific requirements for satisfactory completion. Any such product which has not been formally accepted or rejected by AGENCY within seven days of receipt, it shall be deemed accepted. B. The CONTRACTOR shall submit to the AGENCY an invoice for payment due at the completion of the services outlined herein. Such invoice shall: 1. Reference this Agreement; 2. Describe the services performed; 3. Show the total amount of payment due; and 4. Include a certification by a principal member of the CONTRACTOR'S firm that the work has been performed in accordance with the provisions of this Agreement. C. Upon submission of any such invoice, if AGENCY is satisfied that CONTRACTOR has satisfactorily completed the tasks in accordance with this Agreement, AGENCY shall promptly approve the invoice, in which event payment shall be made within thirty (30) days of receipt of the invoice by AGENCY. Such approval shall not be unreasonably withheld. if the AGENCY does not approve the invoice, AGENCY shall notify CONTRACTOR in writing of the reasons for non -approval, within seven (7) calendar days of receipt of the invoice, and any additional work which may be in progress shall be suspended until the parties agree that past performance by CONTRACTOR is in, or has been brought into compliance, or until Agreement with respect to the additional work, if any is terminated. D. Any billings for extra work or additional services authorized by the AGENCY shall be invoiced separately to the AGENCY. Such invoice shall contain all of the information required above, and in addition shall list the hours expended and hourly rate charged for such time. Such invoices shall be approved by AGENCY if the work performed is in accordance with the extra work or additional services requested, and if AGENCY is satisfied that the statement of hours worked and costs incurred is accurate. Such approval shall not be unreasonably withheld. Any dispute between the parties concerning payment of such an invoice shall be treated separate and apart from this Agreement. MA 7. DISPOSITION OF PLANS, ESTIMATES,IND OTHER DOCUMENTS CONTRACTOR agrees that all materials prepared hereunder, including all original drawings, designs, reports, both field and office notes, calculations, maps and other documents, shall be turned over to AGENCY upon termination of this Agreement or upon PROJECT completion, whichever shall occur first. In the event this Agreement is terminated, said materials may be used by AGENCY as it sees fit. Title to said materials shall pass to the AGENCY upon payment of fees determined to be earned by CONTRACTOR to the point of termination or completion of the PROJECT, whichever is applicable. CONTRACTOR shall be entitled to retain copies of all data prepared hereunder. 8. INDEMNIFICATION AND HOLD HARMLESS CONTRACTOR hereby agrees to indemnify, defend, hold and save harmless AGENCY and the City of Huntington Beach, their officers and employees from any and all liability, including any claim of liability and any and all losses of costs arising out of the negligent performance of this Agreement by CONTRACTOR, its officers and employees. 9. WORKERS' COMPENSATION CONTRACTOR shall comply with all of the provisions of the Workers' Compensation Insurance and Safety Acts of the State of California, the applicable provisions of the California Labor Code and all amendments thereto; and all similar state or federal acts or laws applicable; and shall indemnify, defend and hold harmless AGENCY and the City of Huntington Beach from and against all claims, demands, payments, suits, actions, proceedings and judgments of every nature and description, including attomey's fees and costs presented, brought or recovered against AGENCY and the City of Huntington Beach, for or on account of any liability under any of said acts which may be incurred by reason of any work to be performed by CONTRACTOR under this Agreement. CONTRACTOR shall obtain and furnish evidence to AGENCY of maintenance of statutory workers' compensation insurance and employers' liability in an amount of not less than $100,000 bodily injury by accident, each occurrence, $100,000 bodily injury by disease, each employee, and $250,000 bodily injury by disease, policy limit. 10. INSURANCE In addition to the workers' compensation insurance and CONTRACTOR'S covenant to indemnify AGENCY and City of Huntington Beach, CONTRACTOR shall obtain and furnish to AGENCY the following insurance policies covering the PROJECT: A. General Liability Insurance A policy of general public liability insurance, including motor vehicle coverage. Said policy shall indemnify CONTRACTOR, its officers, agents and employees, while acting within the scope of their duties, against any and all claims arising out of or in connection with the PROJECT, and shall provide coverage in not less V than the following amount: combined single limit bodily injury and property damage, including products/completed operations liability and blanket contractual liability, of $1,000,000 per occurrence. If coverage is provided under a form which includes a designated general aggregate limit, the aggregate limit must be no less than $1,000,000. Said policy shall name AGENCY and City of Huntington Beach, its officers, and employees as additional insureds, and shall specifically provide that any other insurance coverage which may be applicable to the PROJECT shall be deemed excess coverage and that CONTRACTOR'S insurance shall be primary. B. Professional Liability Insurance CONTRACTOR shall acquire a professional liability insurance policy covering the work performed by it hereunder. Said policy shall provide coverage for CONTRACTOR'S professional liability in an amount not less than $1,000,000 per claim. A claims made policy -Rill be acceptable. 11. CERTIFICATES OF INSURANCE Prior to commencing performance of the work hereunder, CONTRACTOR shall furnish to AGENCY certificates of insurance subject to approval of the AGENCY Attorney evidencing the foregoing insurance coverages as required by this Agreement; said certificates shall provide the name and policy number of each carrier and policy, and shall state that the policy is currently in force and shall promise to provide that such policies will not be cancelled or modified without thirty (30) days prior written notice to AGENCY and City of Huntington Beach. CONTRACTOR shall maintain the foregoing insurance coverages in force until the work under this Agreement is fully completed and accepted by AGENCY. The requirement for carrying the foregoing insurance coverages shall not derogate from the provisions for indemnification of AGENCY and City of Huntington Beach by CONTRACTOR under this Agreement. AGENCY and City of Huntington Beach or their representative shall at all times have the right to demand the original or a copy of all said policies of insurance. CONTRACTOR shall pay, in a prompt and timely manner, the premiums on all insurance hereinabove required. • Ma • Alt • l" • t CONTRACTOR is, and shall be, acting at all times in the performance of this Agreement as an independent contractor. CONTRACTOR shall secure at its expense, and be responsible for any and all payments of all taxes, social security, state disability insurance compensation, unemployment compensation and other payroll deductions for CONTRACTOR and its officers, agents and employees and all business licenses, if any, in connection with the services to be performed hereunder. 13. TERNITNATION OF AGREEMENT All work required hereunder shall be performed in a good and workmanlike manner. AGENCY may terminate CONTRACTOR'S services hereunder at any time with or without cause, and whether or not PROJECT is fully complete. Any termination of this Agreement by AGENCY shall be made in writing, notice of which shall be delivered to CONTRACTOR as provided herein. 4 14. ASSIGNMENT AND SUBCONTRACTING This Agreement is a personal service contract and the supervisory work hereunder shall not delegated by CONTRACTOR to any other person or entity without the consent of AGENCY. 15. COPYRIGHTSIPATENTS AGENCY shall own all rights to any patent or copyright on any work, item or material produced as a result of this Agreement. 16. AGENCY_ EMPLOYEES_ AND OFFICIALS CONTRACTOR shall employ no AGENCY or City official nor any regular AGENCY employee in the work performed pursuant to this Agreement. No officer or employee of AGENCY or City shall have any financial interest in this Agreement in violation of the applicable provisions of the California Government Code. 17. NOTICES Any notices or special instructions required to be given in writing under this Agreement shall be given either by personal delivery to CONTRACTOR'S agent (as designated in Section 1 above) or to AGENCY'S Director of Economic Development or his designated agent, as the situation shall warrant, or by enclosing the same in a sealed envelope, postage prepaid, and depositing the same in the Untied States Postal Service, addressed as follows: To AGENCY: To CONTRACTOR: David C. Biggs, Director Michael A. Harrison, C.P.A. Economic Development Agency of Huntington Beach Conrad & Associates, L.L.P. 2000 Main Street 1100 Main Street, Suite C Huntington Beach, California 92648 Irvine, California 92614 18. IMMIGRATION CONTRACTOR shall be responsible for full compliance with the immigration and naturalization laws of the United States and shall, in particular, comply with the provisions of the United States Code regarding employment verification. 19. LEGAL SERVICES SUBCONTRACTING PROHIBITED CONTRACTOR and AGENCY agree that AGENCY is not Iiable for payment of any subcontractor work involving legal services, and that such legal services are expressly outside the scope of services contemplated hereunder. CONTRACTOR understands that pursuant to Huntington Beach AGENCY Charter Section 309, the AGENCY Attorney is the exclusive legal counsel for AGENCY; and AGENCY shall not be liable for payment of any Iegal services expenses incurred by CONTRACTOR. 20. ENTIRETY The foregoing, and Exhibit "A" attached hereto, sets forth the entire Agreement between the parties. M IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by and through their authorized officers the day, month and year first above written. AGENCY: REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH By: xecutiMe Di ctor By: Awd C W DaKid C. Biggs, Director of Economic Development APPROVED AS TO FORM: CONTRACTOR: CONRAD & ASSOCIATES, L.L.P. By. iG41474tP4. Michael A. Harrison, C.P.A., Partner By: Ag�ecy Attorney ti -7 APPROVED AS TO FORM: By: y' Dewy City Attorney 0? -s "17 011=AMIC0l 7SS Shw Ms Erne, Nd hoer, 106+ (Ay, WOO- 415.102.2S00.100 6521712 • FIR: /15-101IM CAMICO MUTUAL INSURANCE COMPANY To: Mr. Greg Brown City of Huntington Beach 2000 Main Street Huntington Beach, CA 92648 RE: Policy No. CAL01311 DATE: January16, 1997 This is to certify that as of the date hereof a CAMICO policy of accountant's professional liability insurance insuring Qonrs1d I Associalm LLP__ as the Named Insured is in effect. Tho policy period of such policy is 01/01/97-12/31/97 1 and the per claim/aggregate limits of liability thereunder are 2 000.00=2.000.000_ respectively. Such insurance is subject to cancellation as provided in the policy and to nonrenewal by the Company or by the Named Insured. Coverage is subject to all the terms and conditions of the policy. By issuing this Certificate, CAMICO undertakes no obligation to inform any person of the cancellation or nonrenewal of the policy or of exhaustion of the limits of liability thereunder. APPROVED ASTO FOFM GAIL HLJTTON, City Attcrney By peputy City Attorney �fz1�� CAMICO MUTUAL INSURANCE COMPANY e r0:3 0M.-, i ' 3NSURF.D: CONRAD S ASSOM S L.L.P. CJVA POLICT : 129167304 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.- ADDITIMM INSURED -- DESIGNATED PERSON OR ORGANIZATION Thie endorsemant modihsa insurance provided tender the loltcwing; BUSINESS ACCOUNT PACKAGE POLICY BUSINESS LIABILM COYEIRAOE FORM SCHEDULE Wmv of person or Otgsnlxatton: CTTY OF 1fUKTINGI'0N DEAQ1, ITS AGENTS. pFFICERS & EMpLOyEES (If no entry appears abova, Information required to complete this endcrsement will t;e shown in the neVaratlons as applicable to trio indorsement.) WHO IS AN INSURED (Sectlan C.) Is amended to inClltde as an insured the person Or organization ahown In the Schedule as an insured bvt cniy with respect b iiablky arising out of your opsraticns or prarnises owned by or rented to you. APPROVED AS TO FORM GAIL HUTTON, City Alicmey By- Deputy City Attorney f Includes copogtlted mtderid of tnswutce Bervloer 01110 a, ins.. with ht♦ perttu+ssiart.. ta'QvyilgM. 3rtivrtrta ltervtt:M Off M (me.. 1984 (ED. aim) DATEIUWD=YI ACORD CERTIFICA'i,.j OF LIABILITY INSURr„;VCE,.aNsK 7001 02/04/97 ►RODUCEF THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE Advanced Insurance Marketing HOLDER. THIS CERTIFICATE DOES NOT AMEND, EXTEND OR P.O. box 4459 ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. Orange CA 92613-4459 COMPANIES AFFORDING COVERAGE F... Jar•.es Ellis COMPANY A CNA Ins. Co. phameNe 714-997-9100__Flo�Ne. Ir.SUREO COMPANY 5 COMPANY Conrad and Associates L.L.P. C ] 10C Main Street NC CCMPANY Irvine CA 92714 D COVERt.GES THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW RAVE BEEN ISSUED TO THE RdSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY RECUIREMENT. TERM OR CONDITION CF ANY CCMTRACT OR OrMER DOCUMENT WITH RESPECT TO WHICH THIS CERT FICATE MAYBE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCR'BED HEREIN 13 SUBJECT TO ALL THE TEIIYS, EXCL'.'SICNS AND C0401TIORIS OF SUCH POUCtES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. CD I TYPE OF INSURANCE POLICY NUMBER LTR' I POLICYIFFECTIV! BATE (MMMONYI POLICY EXPIRATION DATE IMMIDDIM LIMITS IGENERALUAB•LITY GENERAL AGGREGATE 12000,000 PRODUCTS •COMPIOPAGO s 2,000,000 A X COMMERCIAL GENERAL LIABILITY 128167304 02/07/97 02/07/98 � CSJUMSMADE 1OCCUR PERSONAL& ADV INJURY 1 1,C00,000 OWNER'S a CONTRACTOR'S/ROT EACH OCCURRENCE I 11, 00C 000 FIR! DAMAGE IAny eno Rnl S I0O , DO0 MfD EXP IAny eno parewI 1 1 D, 0 C 0 AUTOMOB LE UAB-LITY A ANYAuro 128167304 02/07/97 02/07/98 COY DINED $ NGLE LIMIT S1,000,000 IOCILY INJURY 1 ALL OW4E0 AUTOS SCHEOLLEO AUTOS (Plotpersenl BODILY INJURY : X H,REDAUTO3 X NON -OWNED AUTOS (PN acclownt) PROPERTY DAMAGE 3 GAP AGE LIABILITY AUTO ONLY. EAACCIOENT 1 OTHER THAN AUTO ONLY: ANY AUTO EACH ACCIDENT 1 AGGREGATE S EXCESS LIABILITY EACH OCCURRENCE 1 AGGREGATE S UMBRELLA FORM � OTMIER THAN UMRPFLL.A FORM WOPKIRSCCMP(NSATIONAND x v 4 TAt . QTii EMF LOYERS' LIABILITY EL EACHACLIDENT S 1000 000 A TV PROPRIETOW INCL WCD62306251 02/07/97 02/07/98 ELDISME-POLICY LIMIT s 1,000 COO PA P TN! RSIEX E CUTIV E EL DISEASE - EA EMPLOYEE! S 1 , 000. 000 OFF CERS ARE: EXCL OTHER :` .. �. . .. ,4• I '' ' , •' /2_1 f OlSCRIPT•ON Of OPER/,T1OkSrLOCATIONS'YLNICLESt3PECML ITEMS 10 DAY NOTICE CF CANCELLATION FOR NON-PAYMENT OF PREMIUM./ ADDITIONAL INSUFED PER THE ATTACHED 118157A. CERTIFICATE HOLDER CANCELLATION CIHB003 SHOULD ANY OF THE ABOVE DESCRIBED POLICES BE CANCELLED BEFORE THE EXPIRATION DATE n1EREOP, THE 133LPOO COMPANY MLL i+»rI.I.+PORIP"AIL CITY OF HUNTINGT'ON BEACH, ITS L0 DAY3 WRITM NOTGE TOTHecrArFTCATE HOLDER NAMED TO THE LEFT, AGENTS,OFFICER3 G EMPLOYEES GREG BROW 2000 MAIN STREEET B HUNTINGTON BEACH CA 92648 AurTloRa:ORe TA Ili. James Ellis ACORt 2RS (1195) VACORD CORPORATION 1988 L r.. PROPOSAL OF SERVICES TO PERFORM AGREED -UPON AUDITING PROCEDURES FOR THE CITY OF HUNTINGTON BEACH Submitted by: CONRAD &: ASSOCIATES, L.L.P. 1100 Main Street, Suite C Irvine, California 92714 November 8, 1996 CONTACT PERSON - MICHAEL A. HARRISON, PARTNER PHONE NO. (714) 474-2020 FAX NO. (714) 263-5520 CONRAD & ASSOCIATES, L.L.P. CALIFORNIA LICENSE NO. X3447 CONRAD &: ASSOCIATES, L.L.P. FEDERAL IDENTIFICATION NO.95-3389106 L i _ f N RAID L 1ESSOCI 1TLs11_.L.P A PARTNERSHIP INCLUOINa PROT(SS•ONAL CORPORATIONS Gregory Brown, Development Specialist Economic Development Department City of Huntington Beach 2000 Main Street Huntington Beach, California 92648 Dear Mr. Brown: CERTIFIED PUBLIC ACCOUNTANTS November 8, 1996 1I00 MAIN STREET. SUITE C IRVINE, CALIFORNIA 92674 (714) 474-2020 Conrad & Associates, L.L.P. is pleased to respond to your request for proposal to provide compliance auditing for various bond financed multi -family housing projects within the City of Huntington Beach. In preparation of this response, I discussed the scope of work with you. We are familiar with the scope of work to be performed from previously performing agreed upon compliance procedures at each of the site locations in 1993 which are in the current scope of work requested. Conrad & Associates, L.L.P. is uniquely qualified for the following reasons which are set forth below or in the paragraphs that follow: • Our firm and the audit team to be assigned to the audits of the bond programs, as set forth hereii, are experienced in performing compliance auditing and tenant eligibility testing of low income housing projects. • Mr. Michael Harrison, Partner and Mr. Steven Dobrenen, Supervisor, specifically have performed audit testing of Section 8 Housing Voucher and Certificate Programs and of Senior Housing and Section 202 Multi -family projects. Each of the audits involved eligibility testing and recertification of tenant eligibility. • Our firm serves as the independent auditors for 29 Southern California cities and the related Redevelopment Agencies of those cities. As auditors of each of the Redevelopment Agencies, we perform compliance auditing with respect to the Health and Safety Code. • Our firm, Mr. Harrison and Mr. Dobrenen are vastly experienced in the review and interpretation of complex bond documents. In two of our audit clients alone, the Cities of Brea and Pomona, the Agency and Financing Authority have more than $500,000,000 in outstanding indebtedness. r MEM3ERS OF AICPA AND CALIFORNIA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS MEMSER OF AMERCAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS PRIVATE COMPANIES PRACTICE SECTION V Gregory Brown, Development Specialist Economic Development Department City of Huntington Beach Page Two • Our firm currently performs audits of several mortgage revenue bond programs of our City clients, including multi -family programs. We also perform compliance tests with asset coverage tests in accordance with restrictive covenants of bond indentures. • In addition to the auditing and general consulting services we performed for our City and Agency clients which aggregated in excess of 30,000 professional hours in 1995, we also perform significant financial and compliance auditing for CALPERS, the State Office of Criminal Justice Planning, the Orange County Transportation Authority, U.S. Departments of Labor, Health and Health and Human Services. ABOUT CONRAD & ASSOCIATES, L.L.P. In Appendix A, we have outlined background about the make-up of personnel in our firm and our firm's participation in quality control. STAFFING AND SUPERVISION Mr. Michael A. Harrison, Partner, will be responsible for the planning and review of the compliance audits to be performed. Mr. Steven Dobrenen, C.P.A., Supervisor, will be the engagement manager and will work with Mr. Harrison in the management of the engagements. Resumes of Mr. Harrison and Mr. Dobrenen are included as Appendix B. REFERENCES OF LOCAL GOVERNMENT CLIENTS In Appendix C, we have included local governmental clients where our firm has served as auditors in 1995. OBJECTIVES AND SCOPE OF WORK We will perform the following tasks with respect to the projects to be audited: 1. Review regulatory agreements and restrictive covenants of each individual bond issue. 2. Draft an audit program of agreed upon procedures and other control procedures which should be in place at the project. 3. Communicate and establish arrangements with Iandlord for site visit. 4. Review City files for compliance reports filed by the landlord. z V Gregory Brown, Development Specialist Economic Development Department City of Huntington Beach Page Three 5. Perform on -site control review and eligibility testing of low income tenants. 6. Write final audit report of agreed upon auditing procedures and findings of each audit. 7. Communicate results of written reports to Director of the Economic Development Department. We plan to perform random sampling of approximately 50% of low income tenants or a minimum of 20 tenants per site at the following locations: 1. Five Point Senior Villas 2. Harbor Gateway 3. Huntington Beach Breakers 4. Huntington Village 5. R.ivermeadows 6. Seabridge Villas TINTING OF THE WORK TO BF PERFORMED Because of having a predominant June 30 year end practice, we are in the midst of our busy season and have made staffing commitments to existing City clients where we serve as their independent auditors. We would therefore like to have a planning meeting on December 18, 1996 and commence actual field site visits on January 6,1997. We would have draft reports of all six sites by February 14, I997 and finalize all reports by February 19, 1997. We have factored this `off season" timing into a favorable cost to the City of Huntington Beach. COST OF SERVICES For each of the seven projects to be audited, we have estimated that each site location will require approximately 33 hours including planning, site visits, meeting with City officials, review of documents and drafting findings and final reports. We would agree to a not to exceed fee of $1,650 per site location or $9,900 for all six locations to be audited. 4- Gregory Brown, Development Specialist Economic Development Department City of Huntington Beach Page Four INSURANCE As required by the City of Huntington Beach's resolution, Conrad &: Associates, L.L.P. can furnish insurance certificates and/or evidence of insurance in the amounts and types required by the City of Huntington Beach. We appreciate this opportunity to serve the City of Huntington Beach and look forward to the assignment with enthusiasm. You may contact me at (714) 474-2020. If this meets with your approval, you may sign and return a duplicate of this as our engagement letter. Very truly yours, CONRAD & ASSOCIATES, L.L.P. Michael A. Harrison, C.P.A. Partner -L MAH:dac Enclosure Accepted: CITY OF HUNTINGTON BEACH By: Title: V Date: L APPENDIX A ABOUT CONRAD & ASSOCIATES. L.L.P. Conrad & Associates. L.L.P. is located in Irvine, California and has a staff of forty (40) individuals. including thirty-five (35) professionals. Four of the firm's seven partners devote more than 75% of their time in managing governmental audit and general consulting engagements related to governmental clients. Three of the firm's partners have extensive "Big 6" public accounting experience in addition to extensive local firm experience. Two of our tax partners have advanced degrees in law and taxation as well as being CPA's. Ibis tax expertise adds an additional dimension for our local governmental clients in areas of taxation affecting local governments. Since 1971, Conrad & Associates, L.L.P. has specialized in governmental and nonprofit accounting and auditing. For the past 25 years, the firm has been performing accounting and audit services to the private and public sector and not -far -profit organizations. A breakdown of our firm's personnel by level of experience is as follows: Partners 7 Managers/Supervisors 5 Seniors 13 Staff 1 I Clerical/Bookkeepers 4 40 Conrad & Associates, L.L.P. is licensed to practice in the State of California and has complied with all applicable California Board of Accountancy requirements. The firm's employees have met all of the State's Continuing Education requirements, and the firm is in compliance with CPA requirements of the Private Companies Practice Section of the AICPA. A Quality Control Firm For over 16 years, Conrad &: Associates, L.L.P. has been one of the few local CPA firms which has subjected its audit and accounting practice to the scrutiny of the peer review program administered by the Private Companies Practice Section of the American Institute of Certified Public Accountants (AICPA). As a member of the Private Companies Practice Section of the AICPA, our audit procedures and working papers are regularly examined by another CPA firm in the firm -on - firm peer review program. In addition, all aspects of the firm's quality control practices have been reviewed, including the firm's commitment to extensive training programs. In every member firm, each member of the professional staff must enroll in continuous professional education courses. Each is required to take at least 120 hours of classes over a three-year period. Courses cover a wide spectrum of professional and technical subjects, often prepared by the AICPA, to help the practitioner maintain his professional expertise. The following policies and procedures are evaluated during the peer review. 1. How a firm implements independence requirements 2. How personnel are assigned 3r APPENDIX A. CONTINUED 3. Provision for consultation when technical assistance is required 4. How field work is supervised S. Hiring practices 6. Continuing Professional Education programs 7. Promotion of personnel 8. Decisions on obtaining and retaining clients 9. Internal inspection of the firm's work This means that when the City of Huntington Beach selects our firm to perform services for you, you will know that our firm has agreed to comply with the strict membership requirements of the section to which we belong and has agreed to have our compliance with those requirements reviewed by others. Thus, there is greater assurance that our personnel are adequately trained and up-to-date on professional developments relating to governmental as well as commercial auditing. Accordingly, membership in this Division provides additional assurance that our firm will comply with professional accounting and auditing standards. The Governmental Accounting Office (GAO), in their 1994 revisions to the "Yellow Book% Government Auditing Standards require CPA firms performing governmental audits to participate in quality control "peer" review. We are proud of the fact that Conrad & Associates received an unqualified opinion on the quality of its accounting and auditing practice for each of its quality control reviews. Conrad & Associates, L.L.P. has participated in voluntary peer review since 1979. A copy of those opinions, together with California Society of Certified Public Accountants Peer Review Program (CSCPA) approval of the results of the review, are included in Appendix B. We would like to indicate that during our most recent quality control review several government audits, including single audits of cities and other governmental entities, were reviewed by the review team who found our work to substantially comply with all professional standards. Additionally, our firm has had numerous federal and state desk reviews and field reviews of our audits done by the State Office of Criminal Justice Planning, the U.S. Departments of Labor, Health and Human Services, Environmental Protection Agency and the California State Controller's office. In all instances the federal or state agencies indicated their satisfaction with our work. Our firm has never had a record of substandard audit work. As a local CPA firm, our office contains approximately 7,000 square feet of space for the 40 individuals in our firm. To accommodate our clients, we have an in-house IBM Data Processing z- System and numerous IBM compatible personal computers, and utilize Microsoft Word for the production of reports and other written documents of the highest duality. Our field audit staff teams are equipped with lap -top computers and our audit staff are proficient in several soft -are programs. V Y C APPENDIX B RESUMES OF KF.Y PERSONNEL €= V It V M MICHAEL A. HARRISON, C.P.A. Engagement Partner California CPA Certificate No. 19299E Date Issued - 9/28/73 EDUCATION B.A. Accounting - California State University, Fullerton PROFESSIONAL EXPERIENCE 9 1/2 years - KPMG Peat Marwick (Senior Manager) 16 years - Conrad R: Associates, L.L.P. (Partner) Total Auditing Experience - 25 1/2 years Total Supervisory Experience - 24 years RELATED EXPERIENCE The following audits were performed under Mr. Harrison's supervision. Mr. Harrison's experience in the performance of single audits under Circular A-102 and Circular A- 128 and in the financial audits of local governmental units entities and other related entities include the following: Organizational Wide Audits of California Cities (All Funds and Account Groups) City Duties Performed Dates Performed City of Brea Partner 06/92-06/95 City of Westminster Partner 06/81-06/89 r- City of Carlsbad Partner 06/81-06/83 City of Rancho Mirage Partner 06/82-06/87 City of Indio Partner 06/93-06/95 6: City of Rialto Partner 06/82-06/90 City of Buena -Park Manager/Partner 06n8, 06/82-06/89 C• City of San Jacinto Partner 06/91-06/95 City of Vista Partner 06/83-06/90 91 C C. Michael A. Harrison, (Continued) 4rzanizational Wide Audits of Catifmia Cities fAll Funds and Account Groups), Continued C?tY 12uties Performed Dates Performed City of Delano Partner 06,91-06194 City of Stanton Partner 06183-06187 City of San Clemente Manager 06n7-06179 City of Commerce Manager 06n7-06180 City of San Marcos Partner 06183-06187 City of Escondido Partner 06183-06188 City of Santa Ana Partner 06184-06187 City of South Gate Partner 06/84-06/88 City of Do,.Nmey Partner 06195-06187 City of Desert Hot Springs Partner 06185-06190 City of La Verne Partner 06188-06192 City of Azusa Partner 06187-06/92 City of Palm Springs Partner 06/86-06195 City of Norwalk Partner 06/96-06i95 City of Los Alamitos Partner 06186-06/88 City of Beaumont Partner 06186-06191 City of Banning Partner 06187-06191 City of San Gabriel Partner 06188-06195 City of Highland Partner 06189-06195 City of Hemet Partner 06/89-06/93 City of Gilroy Partner 06189-06193 City of Temple City Partner 06194 City of Claremont Partner 06f83-06188 V go r 46 Michael A. Harrison, (Continued) udits of California Redevelopment Aeencies (All Funds Aizency Duties Performed Brea Redevelopment Agency Partner Indio Redevelopment Agency Partner Santa Ana Redevelopment Agency Partner Rialto Redevelopment Agency Partner Rancho Mirage Redevelopment Agency Partner Cathedral City Redevelopment Agency Buena Park Redevelopment Agency Claremont Redevelopment Agency Delano Redevelopment Agency San Jacinto Redevelopment Agency Carlsbad Redevelopment Agency San Clemente Redevelopment Agency Commerce Redevelopment Agency Westminster Redevelopment Agency San Marcos Redevelopment Agency South Gate Redevelopment Agency Stanton Redevelopment Agency Downey Redevelopment Agency Desert Hot Springs Redevelopment Agency La Quinta Redevelopment Agency Santee Redevelopment Agency Norwalk Redevelopment Agency Partner Manager/Partner Partner Partner Partner Partner Manager Manager Partner Partner Partner Partner Partner Partner Partner Partner Partner Dates Performed 06/92-06/95 06/93-06/95 06184-06/87 06/82-06/89 06/82-06188, 06/92 06187-06/95 06/78-06/79, 06/82-06/90 06/83-06/88 06/91-06/93 06/91-06/95 06/82-06/84 06/77-06/79 06177-06/80 06/83-06/89 06/83-06/97 06/84-06/88 06/84-06/87 06/85-06/87 06/85-06/90 06/92 06/91-06/95 06/86-06/95 G 09 r Michael A. Harrison, (Continued) Audits of California Redevelopment Aeencies (Ali Funds), (Continued Agency Duties Performed Dates Performed Palm Springs Redevelopment Agency Partner 06/86-06/94 Banning Redevelopment Agency Partner 06/87-06/91 Azusa Redevelopment Agency Partner 06/87-06/92 Gilroy Redevelopment Agency Partner 06/89-06/90 Hemet Redevelopment Agency Partner 06/89-06/92 Highland Redevelopment Agency Partner 06/90-06/95 Temple City Redevelopment Agency Partner 06/94 Audits of Special Districts and Authorities Duties Dates Entity Tyne of Entity Performed Performed Palm Springs Public Financing Financing Authority Partner 06/90-06/95 Authority Yorba Linda Water District Special District Partner 06/81-06/91 Los Alamitos County Water District Special District Partner 06/88-06/93 Orange County Water District Special District Partner 02/86-02/88 Mesa Consolidated Water District Special District Partner 06/83-06/86 Azusa Agricultural Water Non -Profit Corp. Partner 06/87-06/93 Water Facilities Authority Joint Powers Authority Partner 06/85-06/93 Tri-Cities Park Authority Joint Powers Authority Partner 06/92-06/95 Orange County Civic Center Authority Joint Powers Authority Partner 06/82-06/85 Brea Public Financing Authority Joint Powers Authority Partner 06/92-06/95 Transportation System Joint Powers Authority Partner 12/86 Development Authority AI x�. E. E41 Michael A. Harrison, (Continued) Audits of Special Districts and Authorities, (Continued) Duties Dates Entity T g of Entity Performed Performed Palm Springs Public Financing Authority Partner 06/85-06/95 Facilities Corporation Norwalk Civic Improvement Financing Authority Partner 06186-06/92 Corporation Los Angeles County/City of Financing Authority Partner 06/86-06/88 Downey Regional Public Recreation Authority Downey Civic Center Corporation Financing Authority Partner 06185-06/87 Downey Water Facilities Corp. Financing Authority Partner 06/85-06/87 Community Development Commission Financing Authority Partner 06/87-06/88 of the City of Escondido Capistrano Bay Community Services Special District Partner 06/92-06/93 El Barrio Park Authority Joint Powers Authority Partner 06/83-06/88 Banning Public Facilities Corporation Financing Authority Partner 06/87-06/91 Capistrano Beach Sanitary District Special District Partner 06/85-06194 Buena Park Library District Special District Partner 06/88-06/89 Southeast Water Coalition Joint Powers Authority Partner 06/93 Audits of Public Housin Authorities uthori Duties Performed Dates Performed Santa Ana Housing Authority Partner 1984-88 Hawaiian Gardens Housing Authority Partner 1994-95 Pomona Housing Authority Partner 1995 Norwalk Housing Authority Partner 1986-1995 Carlsbad Housing Authority Partner 1982-84, 1993-95 L Michael A. Harrison, (Continued) Audits, of Public Housing Authorities, (Continued) Authority County of Riverside Housing Authority Baldwin Park Housing Authority South Gate Housing Authority Duties Performed Partner Partner Partner PROFESSIONAL AFFILIATIONS AND LEADERSHIP_ QUALITIES Dates Performed 1983-84 1983-84, 1995 1981-83 Mr. Harrison is a member of the AICPA, Government Finance Officers Association and California Society of CPA's. Mr. Harrison is a member of the Governmental Accounting and Auditing Committee of the Long Beach/Orange County Chapter of the California Society of CPA's. Mr. Harrison has been a speaker at California Society of CPA's workshops and to the California Society of Municipal Finance Officers on technical and non -technical matters. Mr. Harrison has, for the past 15 years, served on the Professional and Technical Standards Committee of the California Society of Municipal Finance Officers. The members evaluate annually the excellence of Comprehensive Annual Financial Reports of California cities. Mr. Harrison, who was with KPMG Peat Marwick for 9 1/2 years prior to joining Conrad &: Associates in 1980 instructed numerous KPMG Peat Marwick courses, including: 1. Regional Staff Audit Training Courses - Staff Accountants - Instructed all modules of this five day regional audit training course 2. Regional Staff Audit Training Courses - Senior Accountants - Instructed all modules of this five day regional audit training course 3. Regional Government Audit Training - Advanced - Instructed this three day course on governmental accounting and auditing for senior accountants and management .= 4. California Government Audit Training - Basic - Instructed this one day course on governmental accounting and auditing in all of KPMG's seven California offices Mr. Harrison has been the coordinator and/or co -coordinator of Conrad & Associates, L.L.P. In - House Governmental Audit Training Seminars for the past 15 years. He has extensive knowledge • of local governmental accounting and auditing issues and serves as an instructor semi-annually in the firm's CPE training. Mr. Harrison served as the firms liaison during their past four quality control reviews in which Conrad & Associates, L.L.P. received an "unqualified opinion" on the quality control of the x accounting and audit practice. td U C Michael A.1larrison, (Continued) PROFESSIONAL AFFILIATIONS AND LEADERSHIP QUALITIES. (CONTINUED The following is a list of selected continuing education courses attended by Mike Harrison during the past four years. Date Sponsor Topic 01/23/92 California Society of Municipal Update on Public Employees Retirement Finance Officers (CSMFO) 01/29/92 CSMFO 02/12/92 California Society of CPA's 02/26-28/92 CSMFO 04/27-28/92 Conrad & Associates, L.L.P. 06/18/92 Cal Society of CPA's 07120-22/92 Conrad &: Associates, L.L.P. 10/22/92 CSMFO 01/05/93 Cal -State University Fullerton 02/02/93 CSMFO 02/26/93 Conrad & Associates, L.L.P. 04/26-27/93 Conrad & Associates, L.L.P. 05/03-05/93 Government Finance Officers Association 07/26-28/93 Conrad & Associates, L.L.P. 08/19/93 California Redevelopment Association 08/26/93 Cal Society of CPA's 10/07/93 Cal Society of CPA's System Investment Challenges of the 90's Safety and Security of Securities Portfolios 1992 Annual Conference 1992 Governmental Auditing Seminar GASB #11, AQMD Audit Update and OC.IP Grant Auditing 1992 Governmental Audit Training Seminar Popular Reporting Update for Cities Update on Taxation of Employee Benefit Plans Update from State Board of Equalization Performing Pre -Award Pricing Reviews 1993 Local Governmental Audit Seminar Annual Conference on Governmental Finance 1993 Local Governmental Audit Training 1993 Financial Reporting Workshop FASB #116 and 117 - Current Issues of Non -Profit Organizations Employee Benefit Issues Update L V Nlichael A. Harrison, (Continued) PROFESSIONAL AFFILIATIONS AND LEADERSHIP QUALITIES (CONTINUED) 12/02/93 City of Brea AB 1290 Redevelopment Legislative Seminar 12/14/93 Cal -State University Fullerton Accounting and Auditing Update 02128-3/l/93 Cal Society of Municipal Financial Futures -California Society Finance Officers of Municipal Finance Officers Annual Conference 04118-20/94 Conrad & Associates, L.L.P. 1994 Local Government Audit Training 07/25-27/94 Conrad & Associates, L.L.P. 1994 Local Government Audit Training 09/22/94 Cal Society of Municipal AB 1290 and the annual filing of RDA Finance Officers Statement of Indebtedness 09/28/94 Cal Society of CPA's GASB Update 12/13/94 Cal -State University Fullerton Accounting and Auditing Update 01/19/95 Cal Society of Municipal LAIF Investment Pool Safety Finance Officers 02/24/95 Cal Society of CPA's 04125-26/95 Conrad &: Associates, L.L.P. 07/24-26/95 Conrad &: Associates, L.L.P. 08/07/95 Chapman University 11/01/95 Cal Society of CPA's 12106/95 Cal -Society of CPA's 12/19/95 Cal -State University Fullerton Accounting Focus Group 01/22/96 Conrad & Associates, L.L.P. 02/07/96 Cal Society of CPA's Reporting Investment Losses Update on CCMA White Paper Local Government Audit Training 1995 Session I Local Govemment Audit Training 1995 Session II Chapman Non -Profit Seminar Understanding Chapter 9 Municipal Bankruptcy Current Tax Developments for Nonprofits and Tax Exempt Organizations Accounting and Auditing Update Accounting for Nonprofits: Contributions and Financial Statements Non-profit Investment Guidelines L V Michael A. Harrison, (Continued) PROFESSIONAL AFFILIATIONS AND LEADERSHIP QUALITIES. (CONTMUEM 02/25-27196 CSMFO Annual Conference 04/25-26/96 Conrad & Associates, L.L.P. 1996 Local Government Audit Training a. u V L V EDUCATION STEVEN DORRENEN, C.P.A. Engagement Supervisor California CPA Certificate 62712E Bachelor of Science - Business Administration (Accounting) - Biola University, La Mirada, California PROFESSIONAL EXPERIENCE 61/2 years - Conrad & Associates (Staff/Senior/Supervisor) RELATED EXPERIENCE Mr. Dobrenen has been assigned responsibility for numerous audits/special assignments. This experience has encompassed financial and compliance audits of grants, contracts, cooperative agreements, and initial pricing proposals; indirect cost audits; performance audits; recipient capability audits; single audits; and quality control reviews. Each of these audits included a review of the entity's internal controls and financial management system. Audits of California Cities includin in le audits Under OMB Circular A-128 city t Brea Hemet Highland Norwalk Cathedral City Banning f: Palm Springs Hawaiian Gardens City of Whittier Audits of California Redevelopment Agencies tr Agency Brea Redevelopment Agency Cathedral City Redevelopment Agency Palm Springs Redevelopment Agency C Banning Redevelopment Agency Hawaiian Gardens Redevelopment Agency Hemet Redevelopment Agency Whittier Redevelopment Agency Responsibilities Dates Performed Senior/Supervisor 06/92-06/95 Staff/Senior 06/89-06/91 Staff 06189-06/90 Staff 06/89 Staff/Senior 06/89-06/93 Staff/Senior 06/89-06/91 Staff/Senior 06/90-06191 Senior/Supervisor 06/89-06/95 Senior/Supervisor 06/94-06/95 Responsibilities Dates Performed Senior/Supervisor 06/92-06/95 Staff/Senior 06/90-06/93 Staff 06/90 Staff/Senior 06/90-06/91 Senior/Supervisor 06/89-06/95 Senior 06/91 Senior/Supervisor 06/94-06/95 1L NA Steven Dobrenen, (Continued) Audits of Special Districts and Authorities Entity Yorba Linda Water Norwalk Child Development Program Tyne of EntiriL, Special District Type of Audit Responsibilities Financial Staff Local Government Financial & Staff Compliance Audits of Non -Profit Oreanizations Or ang ization Orange County Council of Campfire Orange YMCA Sutton Foundation Responsibilities Staff/Senior Staff Staff COMPUTER SKILLS AND PROFESSIONAL INVOLVEMENT Dates Performed 06189 06/89-06/90 Dates Performed 12/89-12190 06189 06/89 Mr. Dobrenen is proficient in IBM compatible computers including Lotus 1-2-3, Word Perfect, Accountants Trial Balance and Prentice Hall's Government Fund Accounting Software FAST-G. Mr. Dobrenen is a member of the American Institute of Certified Public Accountants and California Society of Certified Public Accountants. CONTINUING EDUCATION TRAINING The following is a summary of pertinent continuing education courses attended by Mr. Dobrenen during the past six years. Date tensor Topic 01424-26190 GFOA Intermediate Governmental Accounting 05/07-08/90 Conrad & Associates L 07/30-31/90 Conrad & Associates 05/06/91 Conrad & Associates 07/15-1719I Conrad & Associates E 10/18/91 Conrad & Associates 1990 Local Government Seminar 1990 Local Government - Audit Seminar Internal Control Structure 1991 Local Government Audit Seminar Strengths and Weaknesses of a Business License Ordinance 21, L Steven Dobrcnen, (Continued) CONTINUING EDUCATION TRATNTNG,{CONTTNUED� Date Sponsor imiE 04/27-28/92 Conrad & Associates 1992 Local Government Audit Training 07/20-22/92 Conrad & Associates 1992 Government Accounting and 10/22/92 CSMFO 04/26-27/93 Conrad & Associates 07/26-28/93 Conrad & Associates 12/02/93 City of Brea 01/19/94 Cal RDA Association 04/18 20194 Conrad & Associates, L.L.P. 07/25-27/94 Conrad & Associates, L.L.P. 04/25-26/95 Conrad & Associates, L.L.P. 07/20/95 CSMFO 07/24-26/95 Conrad & Associates, L.L.P. 01/22/96 Conrad & Associates, L.L.P. 04/24-26/96 Conrad & Associates, L.L.P. 1y C. Audit Training Popular Reporting Update for Cities 1993 Government Audit Training 1993 Local Government Audit Training AB 1290 Redevelopment Legislative Seminar The Community Redevelopment Law Reform Act of 1993 1994 Government Audit Training 1994 Government Audit Training Local Government Audit Training 1995 Session I Municipal Debt Disclosures Local Government Audit Training 1995 Session II Accounting for Nonprofits: Contributions and Financial Statements Local Government Audit Training 1996 Session I G V APPENDIX C Conrad & Associates. L.L.P. as a firm, under the direction of partners Mr. Ken AI -Imam and Mr. Michael A. Harrison, are vastly experienced in the audits of local government units (all funds audit examinations of cities including single audits performed under OMB Circular A-128, financial and compliance audits of California Redevelopment Agencies, audit examinations of public housing authorities, joint powers authorities and special districts). Among the Iocal government entities which Conrad &: Associates, L.L.P. has served during the past fiscal year are the following: All Funds Examinations of California Cities City of Brea (Approximate budget $130 million) During 1992, our firm was selected as auditors among a wide field of competition for this Orange County City. The City has a very active redevelopment agency. During fiscal year 1992, the Brea Financing Authority issued nearly $200,000,000 in tax allocation and lease revenue bonds and defeased four previous issues of the Redevelopment Agency. The Agency has numerous owner participation and developer disposition agreements with significance to the annual audit. The city has a regional shopping mall and -receives various sources of grant funding subject to the single audit. The City has received the Certificate of Achievement for Excellence in Financial Reporting in 1993 and previous years and has submitted its CAFR for the year ended June 30, 1995 for review by the Government Finance Officers Association. The City received the GFOA Certificate for Excellence in Financial Reporting for its 1994 CAFR. Cily of Palm Springs (Approximate budget S85 million) Conrad &: Associates, L.L.P. has served as auditors for this Coachella Valley City since 1986. The Palm Springs Redevelopment Agency, which is part of the reporting entity of the City, has ten project areas. The City operates the Palm Springs Regional Airport and receives various federal funding, including FAA grants subject to the single audit under OMB Circular A-128. Other enterprise funds of the City include the Wastewater and Golf Course activities. The City has received the CSMFO Award for Outstanding Financial Reporting and the GFOA Certificate of Achievement for Excellence in Financial Reporting for its 1989-1994 CAFR's, and has submitted its 1995 CAFR under each of those award programs. City of Norwalk (Approximate budget $56 million) Conrad & Associates, L.L.P. has performed the audit of this Los Angeles County city from 1986 through 1995. We have performed a single audit in accordance with OMB Circular A-128 for each of those years. Our audits include the Norwalk Financing Authority and Norwalk Redevelopment Agency. The City receives grant funding from the U. S. Department of Housing Development for the Section 8 Housing assistance x- program as well as CDBG and other federal funding. funded The City also operates a state child care program and a Senior Citizens action program. For each of the years 1986 through 1994, the City has received the CSMFO Award for Outstanding Financial Reporting and the GFOA Certificate of Achievement for Excellence in Financial Reporting. The City has submitted its 1995 CAFR under each of the foregoing programs. ti, L APPENDIX C. (CONED) City of Costa Mesa (Approximate budget of S95 million) Conrad & Associates, L.L.P. was selected to serve as independent auditors in fiscal 1991. Included in the audit are the operations of the Costa Mesa Financing Authority, the Costa Mesa Redevelopment Agency and the Costa Mesa Sanitary District. The City also operates a municipal golf course and receives various sources of Federal funding subject to single audit under OMB Circular A-128. The City has received the CSMFO Award for Outstanding Reporting and the GFOA Certificate of Achievement for Excellence in Financial Reporting for its 1994 CAFR and has submitted its 1995 CAFR under each of the foregoing programs. City of Azusa (Approximate budget of $41 million) Conrad & Associates, L.L.P. has conducted the audit examinations of the City of Azusa and Azusa Redevelopment Agency since 1987. The City operates several enterprise activities including water, sewer and an electric utility. The Agency has entered into several developer disposition agreements which include rebates of sales taxes. The City has received the Certificate of Achievement for Excellence in Financial Reporting for its 1994 CAFR and has again submitted its 1995 CAFR to GFOA for review recognition. City of Buena Park (Approximate budget of $59 million) During 1982, our professionals assisted the City in implementing NCGA Statement #3 to incorporate changes in the "Reporting Entity". Additionally, in connection with a fixed asset appraisal performed by an outside appraisal firm, we successfully completed audit procedures and assisted the City in recording of those assets on their books. With the appraisal and audit work, the City was able to remove previous accountants' report qualifications relating to the incompleteness of fixed asset records. Conrad & Associates, L.L.P. further assisted the City finance department in upgrading its annual financial report which has been submitted under both the CSMFO Award Programs and the Government Financial Officers Association (GFOA) Certificate of Achievement Program. For fiscal years 1983 through 1992, the City has been awarded the GFOA Certificate of Achievement and the CSMFO's Outstanding Award for fiscal 1983-92. City of Cathedral City (Approximate budget $20 million) Conrad & Associates has conducted the audit examination of the City, Redevelopment Agency and the Community Services District of Cathedral City. A single audit in accordance with OMB Circular A-128 was conducted for fiscal 1986 through 1995. The City was active in financing an Auto Mail through various debt issues and has extensive special assessment and redevelopment agency financing. The Agency has also entered into various developer disposition agreements having audit significance. City of San Gabriel (Approximate budget $11 million) Conrad & Associates, L.L.P. conducted the audit examination of this Los Angeles County City for fiscal 1988 through 1995. A single audit in accordance with OMB Circular A-128 was also conducted for each year. The 1990 through 1994 CAFR received the CSMFO Outstanding Award and GFOA's Certificate of Achievement for 1 Excellence in Financial Reporting. The 1995 CAFR has again been submitted for review under the CSMFO and GFOA Award Programs. CJ1y of La Verne (Approximate budget $20 million) Conrad & Associates, L.L.P. conducted the audit examination of this City for fiscal 1988 through 1995. The City and Agency have several owner participation agreements, multiple issues of long-term debt outstanding, and operates both a C water and sewer utility. A single audit in accordance mith OMB Circular A-128 was also conducted for each year. The City received the CSMFO Award for outstanding financial reporting for each of the past five fiscal years. � � V APPENDIX C. (CONTINUED) Cite of Gilroy (Approximate budget $35 million) Conrad & Associates, L.L.P. has conducted the audit examination of this Santa Clara County City for fiscal 1989 through 1995. During fiscal 1992 we assisted the City in a conversion to full governmental GAAP for all its funds. During 1989 we also conducted a management audit of the City's waste disposal contractor, and single audits in accordance with OMB Circular A-128 for 1989 through 1995. Town ofAnnle Valley (Approximate budget $15 million) Conrad &. Associates, L.L.P. was selected to serve as independent auditors for this relatively new City in San Bernardino County for 1991-1995. The City has a Water District and several special assessment districts. Our staff is also providing technical support and assistance in various areas to the City staff. The City received the CSMFO Award for outstanding reporting and the GFOA Award for excellence in financial reporting for its 1993 and 1994 CAFR's. City of Highland (Approximate budget $6 million) Conrad & Associates, L.L.P. currently serves as the auditors of this relatively new incorporated City in San Bernardino County. We completed the examination of the City for the years ended June 30, 1989 through June 30, 1995. During 1990 we assisted the City in developing accounting policies and establishing fund structure for a newly formed Redevelopment Agency. The City has received the GFOA and CSMFO awards for its CAFR during each of the past six years. City of Hemet (Approximate budget $20 million) Conrad & Associates, L.L.P. was selected during 1989 to serve as auditors of this Riverside County City. We have completed our audit of the City, Redevelopment Agency and the single audit in accordance with OMB Circular A-128 for the years ended June 30, 1989 through 1995. The City has several internal service fund activities and operates refuse and water utility enterprise funds. City of Hamaiian Gardens (Approximate budget $15 million) Conrad & Associates, L.L.P. tivas selected in late 1990 to serve as auditors of this Los Angeles County. City. Our firm completed the 1989 through 1994 audit examinations of the City, Redevelopment Agency and Public Financing Authority. We also conducted single audits in accordance with OMB Circular A-128. We have provided technical assistance to the City and Redevelopment Agency in accounting matters, and performed special reviews at the Agency's request of the validity of the Redevelopment Agency's tax increment increase from 1988 to 1989. The Redevelopment Agency has engaged in several debt issues, including those involving the advance refunding and defeasance of debt. City of Santee (Approximate budget $15 million) Conrad & Associates, L.L.P. was selected in 1991 to perform the audit examinations of this City in San Diego County. We have completed the 1991-1995 audits of the City, Redevelopment Agency and Single Audit of Federal grant programs in accordance with OMB Circular A-I28. City_of San Jacinto (Approximate budget $10 million) Conrad & Associates, L.L.P. was selected in I991 to perform as auditors for this Riverside County City. The City has a Redevelopment Agency, numerous special assessment districts and water and sewer enterprise activities. We have also assisted the City in preparation of State Controller reports for the Agency and City during fiscal 1991 and 1992. V APPENDIX C. (CONTINUED) City of Rancho Mirage (Approximate budget $18 million) Conrad &: Associates professionals under Mr. Harrison's direction, performed the examination of this desert City from 1982 through 1988. The City receives significant hotel -motel bed taxes and has numerous special assessment districts subjected to audit. Our firm was again selected in I992 to perform the audit examinations of the City, Agency, Financing Authority and single audit. The City has received award recognition under the CSMFO and GFOA Award programs for excellence in Financial reporting for its 1993 and 1994 CAFR and submitted the 1995 CAFR for consideration to CSMFO and GFOA. City of La Quinta (Approximate budget $30 million) Conrad &: Associates, L.L.P. was selected in 1992 to serve as auditors of this Coachella Valley City. Included within the audit are the La Quinta Redevelopment Agency and La Quinta Financing Authority. The City has submitted its 1995 CAFR for recognition under the CSMFO award program. City of Indio (Approximate budget $2S million) Conrad & Associates, L.L.P. %vas selected in 1993 to serve as independent auditors for this Coachella Valley City. Our firm has also assisted the City in technical issues relating to the Redevelopment Agency, pass -through agreements and the Indio Financing Authority. City of Carlsbad (Approximate budget $80 million) Conrad &: Associates, L.L.P. was selected in 1993 to serve as auditors for this San Diego County City. The scope of the audit includes the Carlsbad Housing Authority, Carlsbad Redevelopment Agency and the Encina Joint Powers Financing Authority. Conrad & Associates, L.L.P. previously served as auditors from 1981-83 for the City. City of Whittier (Approximate budget $60 million) We were selected in 1994 to perform the audit of this Los Angeles County City, its Redevelopment Agency and Public Financing Authority. The City's enterprise activities include sewer, water and solid waste. We assisted the City in addressing issues relating to its landfill closure and post -closure cost. The City received the CSMFO and GFOA awards for excellence in financial reporting for its 1994 CAFR and has again submitted its 1995 CAFR under these award programs. City of Temple City (Approximate budget $12 million) Conrad &: Associates, L.L.P. is under contract through 1998 to perform the audit of the City, Redevelopment Agency, Financing Authority and Single Audit under OMB Circular A-128. We also have provided other technical assistance in the preparation of State Controllers Reports, Employee Benefit Plan tax returns and other budgetary assistance. Cily of Bell (Approximate budget $12 million) We were selected in 1994 to perform the audit of this Los Angeles County City, the Bell Redevelopment Agency and Surplus Property Authority. We also perform a single audit under OMB Circular A-128. City of Pomona (Approximate budget $112 million) We were selected to perform the 1995-99 annual audits of this Los Angeles County City. We are completing the audit of the City, Agency, Housing Authority, Financing Authority and Single Audit. The City is submitting its 1995 CAFR under the GFOA award program. i V APPENDIX C. (CONTINUED) Cityof Hesperia (Approximate budget $30 million) We were selected in 1995 to perform the audit of the Hesperia Water District, City of Hesperia, Hesperia Fire Protection District and Hesperia Redevelopment Agency. We are also assisting the Fire Protection District in special internal control related issues. CLty of Diamond Bar (Approximately budget $10 million) We were selected in 1995 to perform the audit of this Los Angeles County city. We have also performed special cable television audits for the City during 1995. City of Escondido (Approximate budget $100 million) During 1983 through 1988, Conrad & Associates performed the audit examination of this northern San Diego County City. The City operates numerous proprietary activities, including Water and Sewer. The City receives various grant funding sources, including Community Development Block Grant Funds. Single audits were performed for fiscal 1985, 1986, 1987 and 1988 under OMB Circular A-128. In 1995 the City again selected our firm to serve as auditors through 1997. The CAFR for I995 has been submitted under both the CSMFO and GFOA award programs. Audits of Special Districts and Authorities Dates Name of Entitv T e of Entity Performed Azusa Agricultural Water Non -Profit Corporation 06/87-06/94 Banning Public Facilities Corporation Financing Authority 06/87-06/89 Big Bear Community Services District Special District 06/94-06/95 Big Bear Regional Wastewater Agency Joint Powers Authority 06/94-06/95 Brea Public Financing Authority Financing Authority 06/92-06/95 Buena Park Library District Special District 06/88-06/89 Capistrano Bay Community Services Special District 06/91-06/95 Capistrano Beach Sanitary District Special District 06/84-06/94 Coachella Valley Association of Governments Joint Powers Authority 06/93-06/95 Coachella Valley Joint Powers Insurance Authority Joint Powers Authority 06/93-06/95 Community Development Commission of Financing Authority 06/87-06/88 the City of Escondido 06/95 Downey Civic Center Corporation Financing Authority 06/85-06/87 Downey Water Facilities Corp. Financing: Authority 06/85-06/87 El Barrio Park Authority Joint Powers Authority 06/83-06/88 C. APPENDIX C, (CONTINUED) Audits of Special Districts and Authorities. (Continued Dates Name of Entity_ Tyne of Entity Performed Encina Joint Powers Financing Authority Joint Powers Authority 06/93-06/95 Encinitas Fire Protection District Special District 06/92 I-5 Consortium Joint Powers Authority 06/94-06/95 Indio Public Financing Authority Financing Authority 06/93-06/95 La Quinta Public Financing Authority Financing Authority 06/92-06/95 Los Alamitos County Water District Special District 06/88-06/94 Los Angeles County/City of Downey Regional Public Recreation Authority Financing Authority 06/85-06/87 Mesa Consolidated Water District Special District 06/83-06/86 Mojave Desert and Mount Integrated Waste Management Authority Joint Powers Authority 06/93-06/94 Norwalk Civic Improvement Corporation Financing Authority 06/86-06/91 Orange County Civic Center Authority Joint Powers Authority 06/82-06/85 Orange County Water District Special District 02184-02/88 Palm Springs Financing Authority Financing Authority 06/86-06/95 Palm Springs Public Facilities Corporation Financing Authority 06/85-06/95 San Elijo Joint Powers Authority Joint Powers Authority 06/92-06/95 Santa Margarita/Dana Point Authority Joint Powers Authority 06/94 Southeast Water Coalition Joint Powers Authority 06/92-06/93 Transportation System Development Authority Joint Powers Authority 12/86 Temple City Financing Authority Financing Authority 06/94 Tri Cities Park Authority Joint Powers Authority 06/92-06195 Vista Fire Protection District Special District 06183-06190 Water Facilities Authority Joint Powers Authority 06/85-06/95 Yorba Linda Water District Special District 06181-06191 L APPENDIX C. (CONTINUED) Clients Receivinp, GFOA/CSMFO Award for Financial Reporting Conrad &: Associates, L.L.P. has a proven track record in assisting cities in the upgrading of their financial reporting. A number of our clients have received the "Certificate of Achievement for Excellence in Financial Reporting" issued by the Government Finance Officers Association (GFOA) and the "Certificate of Award for Outstanding Financial Reporting" issued by the California Society of Municipal Finance Officers (CSMFO). In addition, both Mr. Harrison and Mr. Al•Imam serve as technical reviewers in the CSMFO award program. The following cities received financial reporting awards during the period of time that we served as their auditors: GFOA Award CSMFO Award Town of Apple Valley X X City of Carlsbad X X City of Vista X X City of Buena Park X X City of Desert Hot Springs X X City of Norwalk X X City of Palm Springs X X City of San Gabriel X X Water Facilities Authority X City of Hemet X City of Highland X X City of La Verne X City of Costa Mesa X X City of Rialto X X City of Carlsbad X X City of San Marcos X X City of Downey X X City of Santa Ana X X City of Brea X X City of Azusa X City of Rancho Mirage X X =- City of Diamond Bar X City of La Quinta X Experience with Redevelonment_Agencies �- Conrad & Associates currently or has previously performed financial and compliance audits of the following redevelopment agencies: Indio Redevelopment Agency Brea Redevelopment Agency Santa Ana Redevelopment Agency Buena Park Redevelopment Agency Rancho Mirage Redevelopment Agency Stanton Redevelopment Agency Rialto Redevelopment Agency L V APPENDIX C, (CONTINUED) Experience with Redevelopment Agencies, (Continued) San Marcos Redevelopment Agency Azusa Redevelopment Agency Vista Redevelopment Agency South Gate Redevelopment Agency Downey Redevelopment Agency Temple City Redevelopment Agency San Jacinto Redevelopment Agency Westminster Redevelopment Agency Norwalk Redevelopment Agency Palm Springs Redevelopment Agency Carlsbad Redevelopment Agency Cathedral City Redevelopment Agency Desert Hot Springs Redevelopment Agency Escondido Redevelopment Agency Banning Redevelopment Agency La Verne Redevelopment Agency Gilroy Redevelopment Agency Hemet Redevelopment Agency Highland Redevelopment Agency Costa Mesa Redevelopment Agency Delano Redevelopment Agency La Quinta Redevelopment Agency Whittier Redevelopment Agency Bell Redevelopment Agency Pomona Redevelopment Agency Hesperia Redevelopment Agency Our experience with redevelopment agencies is extensive and includes the following: + Assistance in the accounting for developer disposition agreements (DDA`s) and owner participation agreements + Computations of obligations under pass -through agreements • Assistance in the use of tax -sharing agreements as an economic incentive + Consultations regarding the financial benefit to the City resulting from redevelopment activities • Tax increment financing of projects + Consultations regarding low -moderate income housing requirements k;. + The establishment, merging, and adding of project areas • The use of rehab loans in redevelopment agencies L ter... ... APPENDIX C. CO►VTiNUED Experience with Redevelopment Ag gencies.Continued • Assistance in issuance (and refundings) of Tax Allocation Bonds • The establishment of redevelopment fund structure • Use of City loans and advances Experience in Auditing Public Housing Authorities and Programs Name of Housing Authority Tune of Audit Dates Pomona Housing Authority A-128 Single Audit 6195 Hawaiian Gardens Housing Authority Norwalk Housing Authority Carlsbad Housing Authority County of Riverside Housing Authority Baldwin Park Housing Authority Santa Ana Housing Authority South Gate Housing Authority OW A-128 Single Audit A-128 Single Audit A-129 Single Audit PHA Financial and Compliance Audit PHA Financial and Compliance Audit A-1021A-128 Single Audits PHA Financial and Compliance Audit 6194-6/95 6/86-6/95 6193-6/95 6/82-6/83 6/83 6/83-6/88 6/81-6/83