HomeMy WebLinkAboutCONRAD & ASSOCIATES, LLP - 2005-11-17Su ity Contracts Submittal to
City Clerk's Office RECEIVED
Hunt �>, , Beach-
2005 NOV 21 Ali 10: 28
To: City Clerk ell' Y 0! ` it
CITY OF
HUNTIE.G T ON BEACH
1. Name of Contractor: Conrad & Associates, LLP
2. Purpose of Contract: For Example: Audit Services or Water Quality Testing Huntington Lake — Huntington Central Park
Audit Services - City Concessionaires
3. Amount of Contract: $32,500.00
Copy of contract distributed to: The ORIGINAL insurance certificate/waiver sent to Risk
Management
Initiating Dept._
City Treasurer ^ ORIGINAL bonds sent to Treasurer
CITY CLERK'S OFFICE USE ONLY:
City Attorney's Office
Date: 11/17/05
g:/Attymisc/forms/city clerk contract transmittal.doc
PROFESSIONAL SERVICES CONTRACT BETWEEN
THE CITY OF HUNTINGTON BEACH AND
FOR
/
THIS AGREEMENT ("Agreement") is made and entered into this 1 day of
x—� ke� 2005 by and between the City of Huntington Beach, a municipal
corporation of the State of California, hereinafter referred to as "CITY, and
hereinafter referred to as "CONSULTANT."
WHEREAS, CITY desires to engage the services of a consultant to
and
Pursuant to documentation on file in the office of the City Clerk, the provisions of
the Huntington Beach Municipal Code, Chapter 3.03, relating to procurement of
professional service contracts have been complied with; and
CONSULTANT has been selected to perform these services,
NOW, THEREFORE, it is agreed by CITY and CONSULTANT as follows:
1. SCOPE OF SERVICES
CONSULTANT shall provide all services as described in Exhibit "A,"
which is attached hereto and incorporated into this Agreement by this reference. These
services shall sometimes hereinafter be referred to as the "PROJECT." `
CONSULTANT hereby designates /" who shall
represent it and be its sole contact and agent in all consultations with CITY during the
performance of this Agreement.
agree/forms/profsery 10/1510 I -A I
2. CITY STAFF ASSISTANCE
CITY shall assign a staff coordinator to work directly with CONSULTANT
in the performance of this Agreement.
3. TERM, TIME OF PERFORMANCE
Time is of the essence of this Agreement. The services of CONSULTANT
are to commence as soon as practicable after the execution of this Agreement by CITY (the
"Commencement Date"). This Agreement shall expire on I 1 1/1 40 V , unless
sooner terminated as provided herein. All tasks specified in Exhibit "A" shall be
completed no later than - from the Commencement Date of this
el
Agreement. These times may be extended with the written permission of CITY. The time
for performance of the tasks identified in Exhibit "A" are generally to be shown in
Exhibit "A." This schedule may be amended to benefit the PROJECT if mutually agreed
to in writing by CITY and CONSULTANT.
4. COMPENSATION
In consideration of the performance of the services described herein, CITY
agrees to pay CONSULTANT on a time and materials basis at the rates specified in
Exhibit "B," which is attached hereto and incorporated by reference into this Agreement,
a fee, including all costs and expenses, not to exceed
p•�-•c. Dollars ($ 3
5. EXTRA WORK
In the event CITY requires additional services not included in Exhibit "A"
or changes in the scope of services described in Exhibit "A," CONSULTANT will
undertake such work only after receiving written authorization from CITY. Additional
agree/forms/profsm 10/15/01-A 2
compensation for such extra work shall be allowed only if the prior written approval of
CITY is obtained.
6. METHOD OF PAYMENT
CONSULTANT shall be paid pursuant to the terms of Exhibit "B."
7. DISPOSITION OF PLANS, ESTIMATES AND OTHER DOCUMENTS_
CONSULTANT agrees that title to all materials prepared hereunder,
including, without limitation, all original drawings, designs, reports, both field and office
notices, calculations, computer code, language, data or programs, maps, memoranda,
letters and other documents, shall belong to CITY, and CONSULTANT shall turn these
materials over to CITY upon expiration or termination of this Agreement or upon
PROJECT completion, whichever shall occur first. These materials may be used by CITY
as it sees fit.
8. HOLD HARMLESS
CONSULTANT hereby agrees to protect, defend, indemnify and hold
harmless CITY, its officers, elected or appointed officials, employees, agents and
volunteers from and against any and all claims, damages, losses, expenses, judgments,
demands and defense costs (including, without limitation, costs and fees of litigation of
every nature or liability of any kind or nature) arising out of or in connection with.
CONSULTANT's (or CONSULTANT's subcontractors, if any) negligent performance of
this Agreement or its failure to comply with any of its obligations contained in this
Agreement by CONSULTANT, its officers, agents or employees except such loss or
damage which was caused by the sole negligence or willful misconduct of CITY.
CONSULTANT will conduct all defense at its sole cost and expense and CITY shall
agree/forms/profsery 10/15/01-A 3
approve selection of CONSULTANT's counsel. This indemnity shall apply to all claims
and liability regardless of whether any insurance policies are applicable. The policy limits
do not act as limitation upon the amount of indemnification to be provided by
CONSULTANT.
9. PROFESSIONAL LIABILITY INSURANCE
CONSULTANT shall obtain and furnish to CITY a professional liability
insurance policy covering the work performed by it hereunder. This policy shall provide
coverage for CONSULTANT's professional liability in an amount not less than One
Million Dollars ($1,000,000.00) per occurrence and in the aggregate. The above -
mentioned insurance shall not contain a self -insured retention, "deductible" or any other
similar form of limitation on the required coverage except with the express written consent
of CITY. A claims -made policy shall be acceptable if the policy further provides that:
A. The policy retroactive date coincides with or precedes the initiation
of the scope of work (including subsequent policies purchased as
renewals or replacements).
B. CONSULTANT shall notify CITY of circumstances or incidents
that might give rise to future claims.
CONSULTANT will make every effort to maintain similar insurance during
the required extended period of coverage following PROJECT completion. If insurance is
terminated for any reason, CONSULTANT agrees to purchase an extended reporting
provision of at least two (2) years to report claims arising from work performed in
connection with this Agreement.
agree/forms/profsery 10/ 15/0 1 -A 4
10. CERTIFICATE OF INSURANCE
Prior to commencing performance of the work hereunder, CONSULTANT
shall furnish to CITY a certificate of insurance subject to approval of the City Attorney
evidencing the foregoing insurance coverage as required by this Agreement; the certificate
shall:
A. provide the name and policy number of each carrier and policy;
B. shall state that the policy is currently in force; and
C. shall promise that such policy shall not be suspended, voided or
canceled by either parry, reduced in coverage or in limits except
after thirty (30) days' prior written notice; however, ten (10) days'
prior written notice in the event of cancellation for nonpayment of
premium.
CONSULTANT shall maintain the foregoing insurance coverage in force
until the work under this Agreement is fully completed and accepted by CITY.
The requirement for carrying the foregoing insurance coverage shall not
derogate from CONSULTANT's defense, hold harmless and indemnification obligations as
set forth in this Agreement. CITY or its representative shall at all times have the right to
demand the original or a copy of the policy of insurance. CONSULTANT shall pay, in a
prompt and timely manner, the premiums on the insurance hereinabove required.
11. INDEPENDENT CONTRACTOR
CONSULTANT is, and shall be, acting at all times in the performance of
this Agreement as an independent contractor herein and not as an:employee of CITY.
CONSULTANT shall secure at its own cost and expense, and be responsible for any and
agree/forms/profsery 10/15/01-A 5
all payment of all taxes, social security, state disability insurance compensation,
unemployment compensation and other payroll deductions for CONSULTANT and its
officers, agents and employees and all business licenses, if any, in connection with the
PROJECT and/or the services to be performed hereunder.
12. TERMINATION OF AGREEMENT
All work required hereunder shall be performed in a good and workmanlike
manner. CITY may terminate CONSULTANT's services hereunder at any time with or
without cause, and whether or not the PROJECT is fully complete. Any termination of this
Agreement by CITY shall be made in writing, notice of which shall be delivered to
CONSULTANT as provided herein. In the event of termination, all finished and
unfinished documents, exhibits, report, and evidence shall, at the option of CITY, become
its property and shall be promptly delivered to it by CONSULTANT.
13. ASSIGNMENT AND DELEGATION
This Agreement is a personal service contract and the work hereunder shall
not be assigned, delegated or subcontracted by CONSULTANT to any other person or
entity without the prior express written consent of CITY. If an assignment, delegation or
subcontract is approved, all approved assignees, delegates and subconsultants must satisfy
the insurance requirements as set forth in Sections 9 and 10 hereinabove.
14. COPYRIGHTS/PATENTS
CITY shall own all rights to any patent or copyright on any work, item or
material produced as a result of this Agreement.
agree/forms/profserv10/15101-A 6
15. CITY EMPLOYEES AND OFFICIALS
CONSULTANT shall employ no CITY official nor any regular CITY
employee in the work performed pursuant to this Agreement. No officer or employee of
CITY shall have any financial interest in this Agreement in violation of the applicable
provisions of the California Government Code.
16. NOTICES
Any notices, certificates, or other communications hereunder shall be given
either by personal delivery to CONSULTANT's agent (as designated in Section 1
hereinabove) or to CITY as the situation shall warrant, or by enclosing the same in a sealed
envelope, postage prepaid, and depositing the same in the United States Postal Service, to
the addresses specified below. CITY and CONSULTANT may designate different
addresses to which subsequent notices, certificates or other communications will be sent by
notifying the other parry via personal delivery, a reputable overnight carrier or U. S.
certified mail -return receipt requested:
TO CITY:
City of Hurltington Beach
ATTN:
2000 Main Street — j 44
.__— 7
Huntington Beach, CA 92648
17. CONSENT
TO CONSULTANT:
L
When CITY's consent/approval is required under this Agreement, its
consent/approval for one transaction or event shall not be deemed to be a consent/approval
to any subsequent occurrence of the same or any other transaction or event.
agree/forms/profsery10/15/01-A 7
18. MODIFICATION
No waiver or modification of any language in this Agreement shall be valid
unless in writing and duly executed by both parties.
19. SECTION HEADINGS
The titles, captions, section, paragraph and subject headings, and descriptive
phrases at the beginning of the various sections in this Agreement are merely descriptive
and are included solely for convenience of reference only and are not representative of
matters included or excluded from such provisions, and do not interpret, define, limit or
describe, or construe the intent of the parties or affect the construction or interpretation of
any provision of this Agreement.
20. INTERPRETATION OF THIS AGREEMENT
The language of all parts of this Agreement shall in all cases be construed
as a whole, according to its fair meaning, and not strictly for or against any of the parties.
If any provision of this Agreement is held by an arbitrator or court of competent
jurisdiction to be unenforceable, void, illegal or invalid, such holding shall not invalidate
or affect the remaining covenants and provisions of this Agreement. No covenant or
provision shall be deemed dependent upon any other unless so expressly provided here.
As used in this Agreement, the masculine or neuter gender and singular or plural number
shall be deemed to include the other whenever the context so indicates or requires.
Nothing contained herein shall be construed so as to require the commission of any act
contrary to law, and wherever there is any conflict between any provision contained herein
and any present or future statute, law, ordinance or regulation contrary to which the parties
have no right to contract, then the latter shall prevail, and the provision of this Agreement
agree/forms/profsery 10/15/0 1-A 8
which is hereby affected shall be curtailed and limited only to the extent necessary to bring
it within the requirements of the law.
21. DUPLICATE ORIGINAL
The original of this Agreement and one or more copies hereto have been
prepared and signed in counterparts as duplicate originals, each of which so executed shall,
irrespective of the date of its execution and delivery, be deemed an original. Each
duplicate original shall be deemed an original instrument as against any parry who has
signed it.
22. IMMIGRATION
CONSULTANT 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.
23. LEGAL SERVICES SUBCONTRACTING PROHIBITED
CONSULTANT and CITY agree that CITY is not liable for payment of any
subcontractor work involving legal services, and that such legal services are expressly
outside the scope of services contemplated hereunder. CONSULTANT understands that
pursuant to Huntington Beach City Charter Section 309, the City Attorney is the exclusive
legal counsel for CITY; and CITY shall not be liable for payment of any legal services
expenses incurred by CONSULTANT.
24. ATTORNEY'S FEES
In the event suit is brought by either parry to construe, interpret and/or
enforce the terms and/or provisions of this Agreement or to secure the performance hereof,
agree/forms/profsery 1011510 1-A 9
each party shall bear its own attorney's fees, such that the prevailing parry shall not be
entitled to recover its attorney's fees from the non -prevailing parry.
25. SURVIVAL
Terms and conditions of this Agreement, which by their sense and context
survive the expiration or termination of this Agreement, shall so survive.
26. GOVERNING LAW
This Agreement shall be governed and construed in accordance with the
laws of the State of California.
27. ENTIRETY
The parties acknowledge and agree that they are entering into this
Agreement freely and voluntarily following extensive arm's length negotiation, and that
each has had the opportunity to consult with legal counsel prior to executing this
Agreement. The parties also acknowledge and agree that no representations, inducements,
promises, agreements or warranties, oral or otherwise, have been made by that party or
anyone acting on that party's behalf, which are not embodied in this Agreement, and that
that parry has not executed this Agreement in reliance on any representation, inducement,
promise, agreement, warranty, fact or circumstance not expressly set forth in this
Agreement. This Agreement, and the attached exhibits, contain the entire agreement
between the parties respecting the subject matter of this Agreement, and supercede all prior
understandings and agreements whether oral or in writing between the parties respecting
the subject matter hereof
agree/forms/prof m10/15101-A 10
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed by and through their authorized offices the day, month and year first above
written.
CONSULTANT, /
(� Y LL
By:
print name
ITS: (circle one) Chairman/President/Vice President
AND
0
print name
ITS: (circle one) Secretary/Chief Financial Officer/Asst.
Secretary — Treasurer
agree/forms/profsery 10/15/0 1-A I I
CITY OF HUNTINGTON BEACH,
a municipal corporation of the State of California
`Director of
(Pursuant To HBMC §3.03.100)
APPROVED AS TO 1 Y/FORM:
49'n't, i* . ► C-
I City Attorneyo
REVIEWED ANP APPROVED:
City Administrator
(only, for contracts , -�O, 000.00 and over)
CONRADAND
ASSOCIATES, L.L.P.
October 26, 2005
Mr. Steve Holtz
Real Estate Services Manager
City of Huntington Beach
2000 Main Street
Huntington Beach, CA 92648
CERTIFIED PUBLIC ACCOUNTANTS
RE: Professional Services Contract — City Concessionaire Audits
Dear Steve:
2301 DUPONT DRIVE, SUITE 200
IRVINE, CALIFORNIA 92612
(949) 474-2020
Fax (949) 263-5520
OU"T 2 7 2005
Mike Gutierrez, Partner is hereby authorized to sign the enclosed Professional Services
Contract with the City of Huntington Beach on behalf of Conrad and Associates, L.L.P.
We thank you for the opportunity to provide our services to the City and we look forward
to additional opportunities where we may serve your auditing needs. If you should have
any questions, please contact me at (949) 474-2020 ext. 275 or via email at
rconradkcbiz.com.
Sincerely,
CONRAD AND ASSOCIATES, L.L.P.
6� - Z i- �
Ronald L. Conrad, CPA
Managing Partner
MEMBERS OF AICPA AND CALIFORNIA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS
MEMBER OF AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS PRIVATE COMPANIES PRACTICE SECTION
SCOPE OF WORK
EXHIBIT #A
CITY OF HUNTINGTON BEACH
OFFICE OF REAL ESTATE SERVICES
PROPOSAL TO PERFORM
AUDITS OF CITY CONCESSIONAIRES
SCOPE OF SERVICES
Detailed Work Plan
The following procedures would serve as our basic audit. We anticipate that these procedures would be
performed wherever the accounting records are located. This could be at either the business location, or
the concessionaire's accounting office.
• Conduct a preliminary survey of available records. This will be performed at the City's offices
located in Huntington Beach. We will obtain copies of all concessionaire contracts, inquire with
appropriate Department personnel to discuss any concerns regarding each concessionaire and
review workpapers from prior concessionaire audit. During this visit, we will also document the
rent recorded, by concessionaire, in the City's accounting records.
• Based upon the results of our preliminary survey, we will prepare a detailed audit plan for each
of the concessionaires to be audited. This detailed audit plan will be tailored to address the
specific facts and circumstances surrounding each concessionaire.
7
• We will contact the concessionaires and schedule the audits. In addition, we will inform the City
of the audit and discuss any concerns they may have with the concessionaire. It will be our goal
to schedule the audits in such a fashion as to minimize any travel costs.
8
• Once onsite, we will interview the concessionaire and document their internal controls
surrounding the recording and reporting of gross receipts.
• We will validate the accuracy of the reported gross receipts using the following procedures. In
the event records are not auditable, we will immediately contact the City.
Conrad and Associates, L.L.P 12
CITY OF HUNTINGTON BEACH
OFFICE OF REAL ESTATE SERVICES
PROPOSAL TO PERFORM
AUDITS OF CITY CONCESSIONAIRES
SCOPE OF SERVICES
o We will trace monthly reported gross receipts to the concessionaire's accounting records.
o We will perform an analytical review of sales by comparing to sales reported to
applicable state and federal agencies using sales tax returns and/or income tax returns for
reasonableness.
o We will perform an analytical review of sales by comparing sales reported to the State
with amounts deposited with the bank for reasonableness.
o We will judgmentally select a number of days throughout the audit period and tace the
daily sales revenue to the monthly sales recaps.
o We will judgmentally select a sample of days and review the opening and closing activity
(non-resettable totals) on the cash register to determine whether the systems were cleared
during the day.
o We will review voids and other deductions from gross receipts for propriety and to ensure
they are allowable per the concession contract.
• We will test for items of audit significance noted as part of our review of the concession contract,
such as required capital improvements, etc.
• Once the audit is complete, we will prepare a draft report documenting the gross receipts per our
audit, calculating the amount of rent payable to the City, comparing to the rent actually paid to
the City and determining any amounts due to/from the City. Our draft report will also include
any findings and recommendations regarding contract compliance or internal control issues noted
during our fieldwork and also a recommendation for the need of prior year audits, when
necessary.
• Upon approval by the City of the draft report, we will prepare a final report.
Conrad and Associates, L.L.P 13
CITY OF HUNTINGTON BEACH
OFFICE OF REAL ESTATE SERVICES
PROPOSAL TO PERFORM
AUDITS OF CITY CONCESSIONAIRES
SCOPE OF SERVICES
Quality Control - Working Papers
The first step in our approach to assuring quality control is the preparation of standardized working
papers that contain sufficient, competent, and relevant evidential matter.
These working papers, being the permanent record of the work performed and methods followed, serve
as the basis for the audit report. Therefore, we understand that these working papers must substantiate
and explain in detail the opinions and findings included in the report. In addition, we will utilize a
standardized indexing system for all working papers prepared. This provides a consistent, quality
product which can be easily and thoroughly reviewed.
Independent review of all working papers is an essential and constant element of our firm's auditing
procedures and quality control program. Review is the means by which we ensure that each level and
step of audit work is properly performed and completed. It also serves as a valuable training device for
all levels of professional staff, since staff members are alerted to areas in which they need improvement,
gain confidence in their own abilities in areas of the audit successfully completed without assistance, and %
benefit from the knowledge and experience of the reviewer. It is by this process that each member of
our professional staff becomes a more knowledgeable auditor and a more valuable asset to our firm,
while at the same time assuring that our firm's high standards of professional and diligent work are
being met.
Conrad and Associates, L.L.P 14
COMPENSATION - TIME & FEE SCHEDULE
EXHIBIT #B
CITY OF HUNTINGTON BEACH
OFFICE OF REAL ESTATE SERVICES
PROPOSAL TO PERFORM
AUDITS OF CITY CONCESSIONAIRES
FEES
Not -to -Exceed Audit Fee
The following fee proposal has been prepared based our estimated number of hours to complete a
standard concession assignment. Changes to the detailed work plan may change our estimate of audit
hours and the resulting fee proposal.
Task - Hours
Preliminary survey
4.0
Preparation of detailed audit plan
3.0
Scheduling with concessionaire
2.0
On -site review of concessionaire
8.0
Preparation of draft report
4.0
Meeting with City personnel
2.0
Preparation of final report
2.0
25.0
Weighted average hourly rate
$ 100.00
Proposed audit fee per concessionaire $ 2,500.00
Number of concessionaires 13.0
Total audit fee proposal $
Reimbursable Expenses
Reimbursable costs shall include local mileage and parking charges at concessionaire locations.
Conrad and Associates, L.L.P 15
su ' PROFESSIONAL SERVICE CONTRACTS
A
Htintut :Beach.® ,
PURCHASING CERTIFICATION
1. Requested by: Steve Holtz, Real Estate Services Manager
2. Date: August 23, 2005
3. Name of consultant: Conrad & Associates, L.L.P
4. Description of work to be performed: Audit of City Concessionaires
5. Amount of the contract: $32,500.00
6. Are sufficient funds available to fund this contract?1 ® Yes, ❑ No
7. Company number and object code where funds are budgeted: 10080501.69365
8. Is this contract generally described on the list of professional service contracts
approved by the City Council'? ® Yes, ❑ No
9. Is this contract within $25,000 or 25% (whichever is less) of the amount stated on
the list of professional service contracts approved by the City Council?'
® Yes, ❑ No
10. Were (at least) informal written proposals requested of three consultants?
® Yes, ❑ No
Explanation:
11. Attach list of consultants from whom proposals were requested (including a
contact telephone number).
12. Attach proposed scope of work.
13. Attach proposed payment schedule.
WI-AR4-AM DRIL, Manager
Purchasing/Central Services
' If the answer to any these questions is "No," the contract will require approval from the City Council.
Conract - Conrad 8/23/2005 1:44 PM
irstName
LastName
Company
Addressl
City
State
PostalCode
Telephone
Bob
Moss
Moss, Levy &
315 S. Beverly
Beverly
CA
90212
310-273-2745
Hartzheim
Drive, #211
Hills
Michael
Harrison
Conrad &
2301 Dupont Drive,
Irvine
CA
92612
949-474-2020
Associates
#200
Michael
Moreland
Moreland and
1201 Dove Street,
Newport
CA
92660
949-221-0025
Associates
#680
Beach
Nitin
Patel
Diehl, Evans
2121 Alton
Irvine
CA
92614
949-399-0600
& Company,
Parkway, #100
LLP
Michael
Chu
Lance, Sol
203 N. Brea Blvd,
Brea
CA
92821-4056
714-672-0022
and Lunghard
#203
Pam
Goacher
RGP
8921 Research
Irvine
CA
92618
949- 450-0171
Corporation
Drive
Felise
Acosta
Rosenow
309 W 4th Street
Santa
CA
92701-4502
714-541-4585
Spevacek
Ana
Group
Stephen
Larson
Caporicci and
3184 D Airway
Costa
CA
92626
877-862-2200
Larson
Avenue
Mesa
NOV. 8, 2005 1:24PM CBIZ NO. 0816 P. 2
CAMICO"'
MOTVAL IN IVAANCI COMPANY
Tnt CPA.' Insur2ncl Company
1235 Radlo Road, Redwood City, CA 94055-1217
650.802.2500 / 600,652.1772
Fax: 650.302.2700 i 963.4-CAMICO (422.6426)
www.Cami:O.cnm
CERTIFICATE OF INSURANCE
Date: August 24, 2005
To: City of Huntington Beach
2000 Main Street
__.__.._....-- RintingannBeach (�.� .A 97648_- - ------ _ _ - _ _.-.--._.._.
Attn: Christi Mendoza
Risk Management
Re: Conrad and Associates, L.L.P.
2301 Dupont Drive, Suite 200
Irvine, CA 92612
Policy No.: CAL01311-19
This is to certify that as of the date hereof a CAMICO policy of accountants professional liahility
insurance insuring Conrad and .A,ssociates,_L.L.P. as the Named Insured is in effect. The policy
period of such policy is 01/01/2005 to 01/01/2006 and the per claim/ao, gate limits of liability
thereunder are $5,000,000.00 / $5,000,000.00Tespectively, Such insurance is subject to cancellation
as provided in the policy and to non -renewal by the Company or by. the Named Insured. Coverage is
subject to all the terms and conditions of the policy.
Should any of the above described policies be cancelled before the expiration datethereof, CAMICO
will mail 30 days written notice to the certificate holder,
CAMICO MUTUAL INSURANCE COMPANY
BY
Ric Rosario
Vice President of Risk; Management
AP ROVED AS O FORM:
J NIFER McGRATH, City Atton::
13:29
96i
CRT 2005-LET (rev. 0710S)
P.02