City Council Meeting: October
14, 2008
Agenda Item: 1-K
To: Mayor and City Council
From: Carol Swindell, Department
Director
Subject: Parking Operations Audit
Recommended
Action
Staff
recommends that the City Council authorize the City Manager to execute a
modification to Professional Services Agreement 8864 (CCS) with Walker Parking
Consultants to modify the scope of work and to increase the total contract not
to exceed amount to $270,000.
Executive
Summary
Walker Parking Consultants was
engaged by the City of
Discussion
In December 2007, Council
authorized the execution of a professional services agreement with Walker
Parking Consultants to prepare a Downtown Parking Operations Plan and to update
the Downtown Parking Program financing plan for an amount not to exceed
$200,000.
Parking operations
at the City currently generate significant amounts of cash revenue. Because it is primarily a cash business,
controls have been established to promote good business practices associated
with cash handling and accurate revenue reporting. It has been the City’s policy to audit the
parking operations annually to ensure that revenue and expense controls are
working as intended. Given the services
performed by Walker Consultants to date and their knowledge of parking
operations, the City has asked Walker Parking Consultants to perform an audit
of the revenue and expense controls and to assist the City in the issuance of
an RFP. Staff estimates that the total
cost of these services and the scope of work will not exceed $70,000; thus,
staff recommends that the contract be modified to reflect a not-to-exceed
amount of $270,000.
Financial
Impacts & Budget Actions
Funds are available in account number 01417.555060.
Prepared
by:
Candace Tysdal, Financial Operations Manager
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Approved: |
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Forwarded to Council: |
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Director
of Finance |
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P. City Manager |