RESOLUTION NO. 100577

Stating the intent of the City Council regarding staffing and contracting approaches for a requested audit of the Tax Increment Financing Commission of Kansas City, Missouri.

WHEREAS, the Mayor and City Council have requested an audit of the Tax Increment Financing Commission of Kansas City, Missouri (“TIFC”); and

WHEREAS, the City Council wants to clearly identify which contracting approaches should be followed for the engagement of an auditor; and

WHEREAS, the City Council wants to clearly identify financial responsibilities for the audit work; NOW, THEREFORE,

BE IT RESOLVED BY THE COUNCIL OF KANSAS CITY:

Section 1. All selection and contracting activities for the requested audit of the TIFC will be done under the direction of the Director of Finance.

Section 2. That the development of a proposed Scope of Services for the audit will be a joint effort of the professional staff of the TIF Commission, the Finance Department, and the City Auditor’s Department, and will be reviewed and approved by the City Council.

Section 3. That the development of a selection process to identify an independent auditor be a joint effort of the professional staff of the TIF Commission, the Finance Department, and the City Auditor’s Department, and will be reviewed and approved by the City Council.

Section 4. That upon the approval of a proposed Scope of Services for the audit, the City Manager will propose to the City Council an appropriate funding source to cover the costs of the audit

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