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City COlillcil Work Session Meeting February 21,2006 11 e our existing sign ordinance, staff is requesting the City Council to consider implementing a sign moratorium for a period not to exceed twelve months. Members of the City Council were in agreement that a twelve month sign moratorium should be discussed at the next regular City Council meeting. Auditor RFP Process Finance Director Murtuza Siddiqui provided the City Council with an overview of the pros and cons for requesting a request for proposal (RFP) for auditing services this year. If the City Council chooses to place an RFP for auditing services, City staff advises that the process should start in June and conclude by August. An auditor selection is tentatively scheduled for this fall. The following is a list of the pros and cons for retaining the same audit firm for an extended period of time: Pros- 0 0 e 0 0 Cons- 0 0 0 Auditor is familiar with the organization and accounting practices; Staff does not have to spend time explaining the organizations policies and procedures; Auditor is able to answer detailed questions about the City's current system; Auditor can be very helpful when a City has a small staff or staff turn-over. Unless an organization bids, it never knows if they are receiving competitive pricing; A long-term finance employee can learn the auditor's techniques and use them to his/her benefit; An organization may not receive a fresh perspective if the receive services form the same auditing firm on a year-to-year basis. Members of the City Council were in agreement that City staff should complete an RFP process for auditing services. TCAAP Update City Administrator Michelle Wolfe announced that the GSA would like to schedule TCAAP negotiation meetings for sometime in March. The meetings would take place in Boston, MA. The GSA would like to schedule a meeting to discuss the FaST, FOSET, and term sheet (i.e. base value), Mike Comodeca, City's Legal Advisor, and a member of City staff have been asked to attend the negotiation meetings in Boston. Councilmember Holden suggested that the GSA meetings should be held in Minnesota, . Mayor Aplikowski said that other GSA officials may be able to attend the meeting if it is held in Boston, It may be advantageous for the City to attend these meetings.