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HomeMy WebLinkAboutProject Assignment Crowe HorwathTM 10 West Market Street, Suite 2000 Crowe Horvath LLP Indianapolis, Indiana 46204-2975 Independent Member Crowe Horvath International Tel 317.632.1100 Fax 317.635.6127 www. Crowe horwath.com March 1, 2010 PROJECT ASSIGNMENT City of Jeffersonville, Indiana This document is a Project Assignment based on an agreement entered into between the City of Jeffersonville ("City") and Crowe Horvath LLP (formerly Crowe Chizek and Company, LLC) ("Crowe') dated January 14, 2008. The title of this Project Assignment is: City of Jeffersonville General Consulting Services provided by Crowe under this agreement would include, but not be limited to, general consulting services related to financial matters of the City and the City's Redevelopment District ("Redevelopment"), including but not limited specifically to the following: • Assist the City with the issuance of bonds whether paid from bond proceeds or from funds of the City or Redevelopment District. • Review list of businesses located in the City's Urban Enterprise Zone (UEZ). • Review and analyze the UEZ revenues. • Assist the City with the preparation of a spreadsheet to track future UEZ revenues. • Provide any other specific services requested in writing or by electronic mail by authorized representatives of the City. This scope of work has been derived based on the assumption that the City will provide all requested documents and other review materials as needed to assist Crowe with its responsibilities. Crowe's primary role will be to perform analysis on the information provided by the City or the Redevelopment; suggest tracking approaches; research and verify revenue information provided by the Redevelopment; and consult with City officials on matters of budget and finance. Redevelopment acknowledges that certain information concerning businesses located in the UEZ is subject to confidentiality under IC 5-28-15. Redevelopment shall work with Crowe to ensure that any information provided to Crowe in order to perform its work under this agreement shall be provided in a manner so as to not cause Crowe or any other person or entity providing work with or on behalf of Crowe under this agreement to be in violation of such confidentiality requirements. Service Work Product Crowe will provide a written report of our recommendations as well as work with the City and Redevelopment to determine a mutually agreeable format for each report. We understand that the majority of professional services provided under this agreement will require review and research within our offices, as well as discussions and meetings with the Redevelopment and other City officials. Project Assignment (Continued) City of Jeffersonville March 1, 2010 Page 2 Professional Staffing This project will be supervised by Tom Guevara from Crowe's Public Sector Services Group. He will provide project planning, management and supervision for Crowe staff working on the project. Specific services may also be provided by other Crowe staff to allow for the lowest overall billing rate to the City or Redevelopment. Timeline The nature of this work is ongoing, professional consultative services and may commence upon the City's written approval of this agreement. Fees Services provided by Crowe will be billed based on the actual number of hours worked and the actual out-of-pocket expenses incurred during the project. Crowe s hourly rates range as follows: Partner/ Director $ 260 to $ 390 Senior Manager 155 to 290 Manager 120 to 155 Staff 90 to 120 Out-of-pocket expenses At Cost Services requested which are outside the scope of services listed will be quoted separately. Out-of- pocket expenses are billed to the client at cost. Typical expenses include mileage, printing and mailing. Should there be any problems or unforeseen circumstances, we will notify the Cites management and come to a mutual understanding of whether any additional fees will be involved before continuing. The total fees charged shall not exceed the stated amounts above without specific consent of the City's management. Please notify us of your approval of this Agreement by signing, dating and returning a copy of this agreement to us. If you have any questions, please contact Jennifer Hudson at 317-269-2374. RespectfullyDsubmitted, Ifs John R. Skomp Agreed and Accepted: CITY OF JEFF ONVI E, I DIANA By: , Date: ~~a~~ ~ Croz-e Horvath I ,T pis an independent member of Crone Horvath International, a Swiss veretn. Each member firm of Crowe Horvath International it a separate and independent legal entity. Crone Horvath I i P and its affiliates are not responsible or Gable for any acts or omissions of Crowe Horvath International or any other member f Crowe Horvath International and specifically disclaim any and all responsibility or liability for acts or omissions of Crone Horvath International or any other member of Crone Horvath International Crow Horvath International does not render any professional services and does not have an ownership orpartnership interest in Crowe Horvath I.I.P. Crow Horvath International and its other member firms are not responsible or Gable for any acts or omissions of Crowe Horvath T .T P and specifically disclaim any and all responsibility or GabiGty for acts or omissions of Crone Horvath I.I .P.