25. AGMT TAX AUDITING SERVICES - Laserfiche WebLink

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Approve Consultant Agreement with Avenu Insights January 19, 2021 Page 5 electricity, and clean energy to end users within the City. Notably, all audits may include corresponding franchise fee compliance examinations where advisable and/or applicable. 12. Specialty Consultative Services — Additional revenue consulting services to include, potential hotel visitors' taxes, hotel visitors' tax administration services, potential tourist marketing district assessment fees, tourist marketing district assessment fees administration services, potential business license taxes, and/or potential medical marijuana and/or cannabis taxes, or cannabis related operating agreement fees (as applicable), selection processes for adult -use retail cannabis business permitting, cannabis testing facility or testing laboratory permitting, miscellaneous commercial cannabis business (cultivation, manufacture, distribution) permitting and may also include Comprehensive Annual Financial Reporting statistical services as may be set forth in any Change Order(s) mutually agreed to by the City and Avenu Insights. Moreover, the services that Avenu Insights will render ensures compliance with tax regulations, and provides early indications of trends in the economy, as well as ensures that the revenues generated within City boundaries are properly allocated, assigned, and remitted to the City of Santa Ana. FISCAL IMPACT Previously, the City charged the cost of service to the revenue account in the General Fund, and reflected a net revenue number. To provide greater clarity going forward, staff will report the gross revenue and an offsetting expenditure for the cost of service. The summary table below includes the base contract fee, the allowance for contingency, and the optional extension years for a potential grand total of $750,000 associated with this contract. Accounting Accounting Unit = Fiscal Unit = Fund � Account No. Amount Contingency TIOtc1l Year Account Description [7escription Arrrount N©. FMSA Treasury Contract 2020- 01110130- General Services - 21 62300 Fund Professional $42,500 $90,000 $132,500 FMSA Treasury Contract 2021- 01110130- General Services - 22 62300 Fund Professional $85,000 $47,000 $132,000 2022- 01110130- General 23 62300 Fund FMSA Treasury $85,000 $47,000 $132,000