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CC Resolution 12579RESOLUTION NO. 12579 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL AUTHORIZING THE AWARD OF A CONTRACT FOR FINANCIAL AUDIT SERVICES WHEREAS, the City Council of the City of Campbell has reviewed proposals for Financial Audit Services for the fiscal years ending June 30, 2020, through June 30, 2024, and; WHEREAS, City staff has reviewed the qualifications and experience of the firms submitting proposals and has determined that the audit firm of Eide Bailly LLP best meets the requirements of the City's RFP dated November 6, 2019, and; WHEREAS, Eide Bailly LLP submitted its last, best, and final offer in the following amounts: not to exceed $55,500 for FY 19/20, $56,610 for FY 20/21, $57,742 for FY 21/22, $58,898 for FY 22/23 and $60,075 for FY 23/24, for a total five year contract not to exceed $288,825. NOW, THEREFORE BE IT RESOLVED that the proposal for financial audit services with Eide Bailly LLP be approved, and BE IT FURTHER RESOLVED, that the City Manager is directed to negotiate and execute a three-year contract with said firm with an option to extend an additional two years for a total of fiveyears. PASSED AND ADOPTED, this 21St day of April, 2020, by the City Council of the City of Campbell, California, as follows: AYES: Councilmembers: .NOES: Councilmembers: ABSENT: Councilmembers: APPROVED: Susan . L ndry, ayor ATTEST: Andrea SjqUers, Deputy City Clerk