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<br />RESOLUTION NO. 2007---1l.1:....9 <br /> <br />A RESOLUTION OF THE CITY COMMISSION OF THE CITY <br />OF SUNNY ISLES BEACH, FLORIDA, APPROVING A <br />CONSULTANT AGREEMENT WITH AMERICAN APPRAISAL <br />ASSOCIATES, INC., IN THE AMOUNT NOT TO EXCEED <br />" <br />THIRTEEN THOUSAND TWO HUNDRED SEVENTY-FIVE <br />DOLLARS ($13,275.00), ATTACHED HERETO AS EXHIBIT "A", <br />TO DEVELOP A COMPREHENSIVE REPORT COVERING THE <br />CAPITAL ASSETS OF THE CITY AND TO ASSIST IN MEETING <br />THE REPORTING REQUIREMENTS OF THE <br />, <br />GOVERNMENTAL ACCOUNTING STANDARDS BOARD'S <br />(GASB) STATEMENT NO. 34 AND INSURANCE PLACEMENT; <br />AUTHORIZING THE MAYOR TO EXECUTE SAID <br />AGREEMENT; AUTHORIZING THE CITY MANAGER TO DO <br />\ <br />ALL THINGS NECESSARY TO EFFECTUATE THE TERMS OF <br />THE AGREEMENT; PROVIDING FOR AN EFFECTIVE DATE. <br /> <br />WHEREAS, the City of Sunny Isles Beach is in need of a professional valuation <br />consultant to develop a comprehensive report covering the capital assets of the City and to assist <br />the City in meeting the reporting requirements of the Governmental Accounting Standards <br />Boards' (GASB) Statement No. 34 and insurance placement; and <br /> <br />WHEREAS, in conjunction with that effort the City wishes to retain American Appraisal <br />Associates, Inc., in an amount not to exceed Thirteen Thousand Two Hundred Seventy-Five <br />Dollars ($13,275.00), attached hereto as Exhibit "A", to perform these services; and <br /> <br />WHEREAS, American Appraisal Associates, Inc. has expressed that it has expertise to <br />perform these services, subject to the terms and conditions contained in the Consultant <br />Agreement. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE <br />CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: <br /> <br />Section 1. Approval of Consultant Agreement. The Consultant Agreement with American <br />Appraisal Associates, Inc., to develop a comprehensive report covering the capital assets of the <br />City and to assist the City in meeting the reporting requirements of the Governmental <br />Accounting Standards Boards' (GASB) Statement No. 34 and insurance placement, in an amount <br />not to exceed $13,275.00, attached hereto as Exhibit "A", be and the same, is hereby approved. <br /> <br />Section 2. Authorization of Mayor. The Mayor is hereby authorized to execute said <br />Agreement. <br /> <br />R2007 - American Appraisal Associates, Inc. <br /> <br />I <br /> <br />r <br />