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HomeMy WebLinkAbout1999-12-06 City CouncilCity of Palo Alto City Manager’s Report 3 TO:HONORABLE CITY COUNCIL FROM:CITY MANAGER DEPARTMENT:ADMINISTRATIVE SERVICES DATE: SUBJECT: DECEMBER 6, 1999 CMR: 377:99 APPROVAL OF: 1) CONTRACT WITH MUNICIPAL RESOURCE CONSULTANTS FOR CONSULTING SERVICES RELATED TO SALES AND PROPERTY TAX REVENUE REPORTING ($30,000) AND REVENUE RECOVERY EFFORTS FOR SALES TAX REVENUES, AND 2) RESOLUTION OF THE COUNCIL OF THE CITY OF PALO ALTO AUTHORIZING THE EXAMINATION OF SALES AND USE TAX RECORDS RECOMMENDATION Staff recommends that Council approve the attached contract with Municipal Resource Consultants (MRC) to provide: a) b) Quarterly sales and property tax revenue reporting; Revenue recovery efforts for sales tax revenues. The sales and tax property-reporting portion of the contract totals $30,000. In addition, the contract includes payments to MRC of 25 percent of recovered revenues, with the actual payment amounts dependent upon how much additional revenue MRC is able to recover on the City’s behalf. Based on an estimated MRC recovery of $200,000, staff included $50,000 in the 1999-00 Adopted Budget. The initial term of the contract is for one year with two additional one-year terms. In addition, staff recommends approval of a resolution giving MRC authorization to access City sales and use tax records. CMR: 377:99 Page 1 of 3 DISCUSSION Project Description The City of Palo Alto has used MRC’s services for the past nine years to provide quarterly sales tax reporting and forecasting services. Those services have been invaluable in helping the City understand and project its lafgest revenue source. Staff has negotiated a contract with MRC to provide for continuation of these services, as well as additional services that Palo Alto has not utilized in the past. Those services include sales tax recovery efforts and property tax forecasting and reporting. The agreement negotiated will complement the City Auditor’s Office in seeking out sales tax discrepancies and following up with the State Board of Equalization (SBOE). If MRC recovers revenue that the City would not have otherwise received, it will receive 25 percent of the incremental revenue, while the City will receive the remaining 75 percent. Most other cities that use MRC or other tax consultant services take advantage of both the reporting and the recovery services. It is not uncommon for errors to occur in the allocation of cities’ sales tax, and MRC is expert in uncovering those errors and working with the SBOE to return them to their proper jurisdiction. Because virtually all of Palo Alto’s neighbors also take advantage of tax recovery services from MRC or other such firms, it is in Palo Alto’s interest to seek out errors as well. This is particularly true for businesses that have offices in multiple jurisdictions and are on the borders of two jurisdictions. Before pursuing potential errors, MRC has agreed to a process by which it will coordinate with the City Auditor’s Office to ensure that MRC’s efforts do not overlap with any concurrent audits the City Auditor may be pursuing. In that capacity, MRC will only provide auditing services on an as-needed basis. The City will not contract with MRC for property tax recovery services. Unlike sales tax, property tax errors are usually more straightforward to track down and the City Auditor believes he can plan an effective role in this arena. If the City Auditor later determines that it is more cost effective from a time perspective for MRC to pursue property tax revenue recovery efforts similar to sales tax recovery, the City has the flexibility of adding that scope of work to the contract. Selection Process A working team consisting of staff from the Administrative Services Department, the City Manager’s Office, and the City Auditor’s Office sent out a RFP in November 1998. Two firms responded to the RFP: MRC and Hinderliter, de Lamas & Associates (HdL). The working team interviewed both consulting firms and selected MRC. MRC was felt to have a deeper understanding of Palo Alto’s sales tax sources; had outstanding references; and has provided invaluable sales tax data and analysis to the City in the past. In addition, MRC was willing to assign one professional staff person to Palo Alto’s account. Staff believed this extra customer service and attention would provide the City CMR: 377:99 Page 2 of 3 with the most knowledgeable trend analysis. MRC also appears to be more pro-active in supporting legislation that assures revenue generated locally stays with the local jurisdiction. Finally, because Palo Alto’s two biggest neighbors both use HdL, staff believes MRC will be more likely to strongly represent Palo Alto’s interests. RESOURCE IMPACT Funding for this contract has been budgeted in the General Fund for 1999-00. The City will pay MRC $30,000 for quarterly reporting for sales and property tax and 25 percent of any sales taxes it recovers that the City would not have otherwise recovered on its own. Invoices from MRC for sales tax recovery services will be reviewed by the City Auditor’s Office to ensure their accuracy prior to payment. Staff has included a total of $50,000 in the 1999-00 Adopted Budget for sales tax recovery services. ENVIRONMENTAL REVIEW Revenue reporting consultant services is not a project under the California Environmental Quality Act (CEQA). PREPARED BY:Joseph Saccio, Manager, Investments and Debt DEPARTMENT HEAD: CITY MANAGER APPROVAL: CARL ~~ATS "-- ...... Director, Administrative Services // ¢jl~y Manager l~/// ATTACHMENT S:Contract with Municipal Resource Consultants, an MBIA MuniServices Company Resolution of The Council of the City of Palo Alto Authorizing the Examination of Sales and Use Tax Records CMR: 377:99 Page 3 of 3 AGREEMENT BY THIS AGREEMENT made and entered into this day of , 1999, by and between the City of Palo Alto (CITY) and MBIA MuniServices Company/Municipal Resource Consultants (MMC/MRC), an MBIA MuniServices Company, in consideration of their mutual covenants, the parties hereto agree as follows: SERVICES. MMC/MRC shall provide the to the CITY sales and use tax, and property tax revenue information services, as specified in Exhibit A, which is attached hereto and incorporated herein by this reference. 0 TERM. The initial term of this agreement shall be from January i, 1999 through December 31, 1999; said term shall be extended January i, 2000 for two additional one year terms, unless either party provides 30 days advance notice of intention to terminate the agreement. In addition, as provided in the General Provisions (EXHIBIT B), either party may terminate this agreement at any time, without cause, by giving the other party thirty days written notice of termination. STARS reporting services will be provided as of January i, 1999. Audit and other reporting services will commence as of November i, but will cover the revenue reporting periods beginning January i, 1999. In the event that either party terminates prior to a full year’s service being completed, the CITY will be refunded for any unused quarters of MMC/MRC’s STARS, PTARS and GRIP information systems that are described in more detail below. o COMPENSATION. Compensation for providing the services shall be as follows: Sales/Use Tax Audit Services: MMC/MRC’s compensation for the sales/use tax allocation audit service is 25% of the incremental revenue actually produced for the CITY as a result of MMC/MRC detecting and documenting point-of-sale/use taxpayer reporting errors/omissions that are in the City’s favor. Compensation shall not include revenue recovery resulting from the City Auditor’s detection of sales tax errors/omissions. Said 25% applies to the first six consecutive reporting quarters following completion of the audit by MMC/MRC and processing/confirmation of corrections by the State Board of Equalization. MMC/MRC will also pursue retroactive recoveries for the CITY for eligible prior periods. If MMC/MRC is successfu! in securing retroactive 991102 sdl 0032271 recovery for prior periods, the 25% compensation would apply to the fund transfers (i.e., retroactive adjustments for eligible amounts improperly distributed in prior quarters) actually received by the City. For Quarterly Distribution Report (QDR) misallocations, upon correction of the account, MMC/MRC is only compensated for quarters in which the mis-allocations occur with no forward quarters to be paid. For misallocations stemming from erroneous SBE policies or interpretations, MMC/MRC’s participation is typically prospective only as these corrections must be implemented through regulatory clarification/change, legislation or legal action. Sales/use tax audit invoices are submitted quarterly after the CITY has received the revenue from the correction and quarterly distribution report verifying it. Each invoice is to include the name of the business for which additional revenue has been received as a result of MMC/MRC efforts, the business address, permit number, local allocation amount received by the CITY and amount due MMC/MRC. Sales tax invoices shall be submitted to the City Auditor’s Office are due and payable upon receipt. Fees for reporting services shall be submitted to the Administrative Services Office, and are due and payable upon receipt. During the term of this Agreement, if any tax revenues allocated to the CITY based upon MMC/MRC’s detecting and documenting a point of sales/use tax report error, are deteremined by the State Board of Equalization to be allocable to another party or governmental entity, and the reallocation relates to period(s) for which MMC/MRC was compensated on the account, MMC/MRC shall refund to the CITY any fee the CITY has paid to MMC/MRC for revenue recovery services associated with that particular taxpayer and period(s). Under this situation, any future fees that would have been owed to MMC/MRC for this particular taxpayer are null and void. The obligation of MMC/MRC to refund such fees shall survive the termination of expiration of this Agreement. Use Tax: Proactive use tax outreach services will be done collaboratively with, and under the guidance of City staff. MMC/MRC further recognizes that the City Auditor’s Office is currently developing a.use tax audit program. At the time this audit program is in place, the City may amend this contract to utilize a backstop service approach similar to the services described for sales tax in this contract. Sales Tax Analysis and Reporting Service (STARS) MMC/MRC shall provide the Sales Tax Analysis and Reporting Service (STARS) for $1,500 per quarter ($6,000 for the full 2 991102 sd| 0032271 year), payable only after the CITY has received the STARS Query System and the STARS Digest(s) Reports. STARS is displayed in a brochure, attached and hereby included in this contract by reference. Property Tax Analysis and Reporting Service (PTARS) MMC/MRC shall provide the Property Tax Analysis and Reporting Service with geo-based ~apping capability for $15,000 per year payable only after the CITY has received the PTARS Query System and the Property Tax information report. PTARS is described in a brochure, attached and hereby included in this contract. As part of its Property Tax Analysis and Reporting System MMC/MRC shall provide the City with quarterly analysis reports. MMC/MRC may be requested to provide information and advice to the City in developing an interim Property Tax Audit program. The Property Tax Analysis and Reporting Service shall not be commenced until such time as CITY makes a specific request that it is be provided by MMC/MRC and MMC/MRC mutually agrees to provide it. Geobased Revenue Information System Program Service (GRIP) For $7,000 per year, MMC/MRC shall provide its basic GRIP, a comprehensive relational database that integrates sales and property tax sources and for an additional $5,000 per year MMC/MRC shall provide its mapping component for GRIP. The linkage is both through parcel, address(es), business name, and a secondary name source. GRIP is the seamless integration of all these revenue sources. GRIP contains geo-based mapping capability. The mapping capability allows the user to select a parcel, address, entity name or other address based characteristic(s) and display all or selected revenue elements contained within selection from the map or table. The GRIP service shal! include revenue information for sales tax and property tax only. CITY understands that there may be additional charges to load data into GRIP that is not otherwise a part of this contract. Costs quoted for all 3 systems, STARS, PTARS, and GRIP, include ongoing maintenance and version upgrades and shall be fixed for the.three-year term of this contract. A help desk for technical support shall be available over the phone during normal business hours, California time (8:30 AM to 5:00 PM). The expected turn around response time shall be two hours or less. Backstop Audit Programs As the City of Palo Alto conducts sales/use tax audit programs internally, MMC/MRC shall provide the sales/use tax audit 3 991102 sdl 0032271 services on a basis that complements the CITY’s program. MMC/MRC will therefore provide revenue audit and recovery services as a backstop to the CITY’S Auditor Office functions. MMC/MRC shall provide to the CITY on a quarterly basis a comprehensive listing of sales activity for the prior quarter, in the form of MMC/MRC’s STARS report, to be delivered in a PC readable version. After the City Auditor’s Office has had the opportunity to review the listing, the City Auditor’s Office shall provide a written listing within 30 days of accounts currently under investigation by the City. MMC/MRC shall be entitled to pursue revenue recovery efforts withthe SBE for any account not included on the list of accounts that the City wishes to pursue. MMC/MRC shall also then be eligible to receive subsequent compensation from the CITY according to the amounts listed under "Compensation" above for detecting and documenting any such error/omission, which has resulted in deficient payment to the CITY. MMC/MRC shall not be entitled to a fee for sales tax recovery services for any error omissions that CITY has identified and is actively pursuing. At the City’s written request, MMC/MRC may pursue accounts that the City has been working on but for some reason has been unable to get the taxpayer or the SBE to correct. In these cases, MMC/MRC will pursue any subsequent error correction. In such cases, MMC/MRC’s fee shall be lower than described in the compensation portion of this agreement, and will be a mutually agreed upon rate prior to MMC/MRC’s pursuing the corrections. o CLIENT RELATIONS. The CITY requires that MMC/MRC work in such a way with Palo Alto businesses and the State Board of Equalization that honors and maintains the professional approach the CITY has fostered. See Exhibit A, "Approach to Sales/Use Tax Audit" for additional clarification. ° II II II II II GENERAL PROVISIONS. General provisions for this agreement are included in EXHIBIT B, which is attached hereto and incorporated herein by this reference. 991102 sdl 0032271 4 IN WITNESS WHEREOF, the authorized representatives first above written. ATTEST: parties hereto have by their executed this Contract on the CITY OF PALO ALTO duly date City Clerk Mayor APPROVED AS TO FORM: senior Asst. City Attorney APPROVED : Assistant City Manager Director of Administrative Services Risk Manager MBIAMUNISERVICES COMPANY/MUNICIPAL RESOURCE CONSULTANTS Managing Director: Grant Brimhall Name: ~.~’~ ~, ~~[~ By:~ Name: Attachments : EXHIBIT "A" : EXHIBIT "B": EXHIBIT "C" : EXHIBIT "D": Taxpayer Identification No. (Compliance with Corp. Code 9 313 is required if the entity o~ whose behalf this contract is signed is a corporation. In the alternative, a certified corporate resolution attesting to the signatory authority of the individuals signing in their respective capacities is acceptable) SCOPE OF SERVICES/CERTIFICATE OF CONFIDENTIALITY GENERAL PROVISIONS INSURANCE NONDISCRIMINATION COMPLIANCE FORM 991102 sdI 0032271 CERTIFICATE OF ACKNOWLEDGMENT (Civil Code § 1189) STATE OF COUNTY OF On ~I~, /~ , 197-~, before me, the undersigned, a Notary Public in and for said County and State, personally appeared ~.~,~.~29/’7-- ~° ~/~ ~}~-~ , personally known to m--e ~ ~ove~ to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/~ subscribed to the within instrument and acknowledged to me that he/~ey executed the same in his/h~r authorized capacity(ies), and that by his/her/their signature S) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. Signature of Notar’q/Public 991102 sdl 0032271 CERTIFICATE OF ACK~O~D~NT (Civil Code ~ 1189) On /~0~/, ~ , 19~ before me, the undersigned, a Notary Public in and for said County and State, personally appeared .~Do A/~ ~ /- . H ~ ~ ~l’ g {9.~, /, personally known t~ ~e°’Or~ proved ~o me ~n- ~he basis of satisfactory evidence to be the person(s) whose name(s) is/~-~ subscribed to the within instrument and acknowledged to me that he!s~y executed the same in his/h~r authorized capacity(ies), and that by his/hint/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. Signature of Notar~Public.[~ ......... 991102 sdl 0032271 EXHIBIT A MBIA MuniServices Company~unicipal Resource Consultants provide services for the City of Palo Alto (City) as described herein. (MMCiMRC) shall A. SCOPE OF SERVICES [ 1. SALES~SE TAX AUDIT SERVICES t The scope of services includes, but is not limited to, MMC/MRC performing the following tasks: Procure a computer tape of sales/use tax permit records from the State Board of Equalization (SBE). Analyze sales tax distribution reports provided by the SBE for five or more of the most recent consecutive quarters. Clean-up, standardize and computerize data from City’s quarterly sales tax distribution reports provided by SBE for previous quarters, current quarter and each future quarter service is provided. Develop and maintain a comprehensive, computerized inventory of businesses with taxable sales that are located within Palo Alto by: Preparing an aggregated list of business entities on electronic media; this list is derived from multiple private and public sources (hard copy and electronic), including specialized business listings and directories, and the City’s revenue payment files; Cleaning, standardizing-and integrating, in address-order, each entity’s business name, address and payment file information, to eliminate redundancies, using MMC/MRC’s proprietary software; and Physically canvassing every commercial/industrial area within the City’s borders. ¯Dun’s Database Develop a target list of potential point-of-sale/use reporting errors/omissions based on: 6 991102 sd10032272 An electronic comparison of MMC/MRC’s comprehensive inventory against the SBE’s quarterly distributions for the City; and An analysis of each potentially misallo~zated account based on proprietary guidelines established by MMC/MRC, formulated through expert knowledge of taxable nexus criteria, corporate mergers and acquisitions, sales tax versus use tax, business marketing organization and methods, commercial/industrial sales tax reporting practices, and other conditions contributing to reporting errors. Meet with designated City official(s) to review service objectives and scope, MMC/MRC workplan schedule, public relations and logistical matters within 30 days of contract signing. MMCiMRC will also establish an appropriate liaison with the City’s coordinator and define logical checkpoints for reviewing the project’s progress. Contact personnel in sales, operations and/or tax accounting at each target business to determine whether a point-of-sale/use reporting error exists. This shall be accomplished with the highest regard to discretion and professional conduct. MMC/MRC’s allocation audits shall be predicated on a non-controversial, constructive public relations approach which emphasizes the importance of each business to the City and the mutual benefits of correcting reporting errors. Prior to commencing work under this contract MMC~RC shall submit to the City and receive City’s approval for all procedures for telephonic and in-person contacts with taxpayers, and all standard form letters used in the conduct of MMC/MRC’s services. MMC/MRC shall provide, at the City’s request, a sales/use tax-training seminar to enhance the City Auditor’s efforts. When contacting the CITY regarding the above referenced items, contact should be directed by MMC/MRC to: The City Auditor’s Office at (650) 329-2629 for those items related to potential revenue errors; Either the City Manager’s Office (Economic Resources Manager) at (650) 329-2604 or Administrative Services at (650) 329-2288 for items related to customer correspondence. Provide to the City and SBE reports addressing each taxpayer reporting error individually, including the business name, address, telephone number, California 7 9.91102 sd10032272 sales tax permit number, individuals contacted, date(s) of contact, nature of business,, reason(s) for error, recommended corrective procedure, sic code, number of employees, annual sales and, if available, estimated sales/use tax revenue which should be forthcoming to the City of Palo Alto. MMC/MRC will also provide suggested language for letters to be sent to the taxpayers and!or SBE from the City (or MMC/MRC on behalf of the City) urging cooperation in promptly correcting the distribution error. Respond to negative fmdings by SBE with timely reconfirmation documentation in order to preserve the City’s original dates of knowledge. Receive and process registration control record information monthly. Receive and process sales tax distribution reports quarterly. Coordinate with the taxpayer and SBE to make the necessary corrections and collect eligible back quarters amounts. Monitor and analyze the quarterly distribution reports with audit focus on the following: ¯ Those accounts with previously reported point-of-sale/use distribution errors to ensure that the corrections are made for current quarters and all eligible back quarters. ¯Those major accounts comprising 90% or more of the City’s total sales tax revenue to identify any irregularities or unusual deviations from the normal pattern (e.g. negative fund transfers, significant decreases, unusual increases, etc.) and ensure that the City is not receiving less revenue than it is entitled. ¯ Those accounts receiving deficiency assessments to ensure that the City receives its local allocation. Identify opportunities for the City to recover the local allocation on purchase transactions subject to use tax. MMC/MRC will also prepare the necessary documentation to facilitate recovery, including assistance in preparing and filing the returns. MMC/MRC shall provide to the CITY AUDITOR’S OFFICE quarterly updated status reports to include, but not be limited to, status of work in progress, including the following: 991102 sd10032272 Copies of reports provided to the SBE addressing each point-of sales/use reporting error individually, including the business name, address, telephone no., California sales tax permit number, individuals contacted, date(s) of contact, nature of business, reason for error and recommended corrective procedure; and Copies of misallocation reconfirmation documentation, in response to negative findings by the SBE, in order to preserve original date of knowledge. Projected sales/use tax revenue forthcoming to the City as a result of MMC/MRC’s allocation audits, delineated according to source, timing and one-time versus ongoing. Actual sales/use tax produced for the City by MMC/MRC’s allocation audit service. Listing and status of problems encountered during the month as well as the status of sales tax revenue generated in the City. Outstanding issues impeding correction of misallocated accounts. For each problem/issue identified, MMC/MRC is also to specify the implemented / recommended action for resolution. Alphabetical listing of all misallocated accounts detected for the City by MMC/MRC including, for each, the permit number, correction status, payment amount received by the City, quarter to which payment is related and payment source (e.g., fund transfer, deficiency assessment, etc.). MMC/MRC shall also provide this information on electronic format for use by the City on MMC/MRC’s proprietary account tracking software. On site review of quarterly reports. MMC/MRC recognizes that CITY AUDITOR’S OFFICE (CAO) performs sales tax audits and that CAO has notified the SBE of point of sale reporting errors identified as a result of its audits. CONSULTANT is further aware that the CAO will continue performing sales tax audits. In the absence of an agreement between the CAO and MMC/MRC to the contrary, MMCiMRC shall not be compensated for misallocations and other sales tax recoveries identified by the CAO. The CAO shall provide MMC/MRC with written reports listing each business entity currently under audit, including the business name, address, telephone number, California tax permit number (where known) and any other pertinent information relating to the specific taxpayer account. This information shall be provided to MMCiMRC within 30 days 9 991102 sd10032272 of receipt of the STARS sales tax reports and information from MMCiMRC as described in item 2 of this scope of services. MMC/MRC shall be entitled to compensation, as set forth in this agreement, for misallocations and other sales tax recoveries identified from accounts, which are not identified as subject to audit by the CAO. I I 2. SALES TAX ANALYSIS AND REPORTING SERVICES [ MMC/MRC’s Sales Tax Analysis and Reporting Service (STARS) consists of the STARS Query System, STARS Report, and related consulting. Stars Query System MMC/MRC shall install and update quarterly, the City’s sales tax.registration and allocation data on IBM compatible PCs designated by the City. MMC/MRC shall also train authorized City staff in the use of the STARS Query System. The STARS Query System enables City staff to analyze the contribution of sales tax revenue from each taxpayer in the City, on an individual, grouped, or sorted basis by business name, business type, permit number, size ranking, street address, development, shopping center, or other geographic area (also by. social security number or federal employer identification number, when available). STARS System Reports MMC/MRC on a quarterly basis shall provide the City with an updated bound STARS report. The scope of MMC/MRC’s STARS report includes, but is not limited to: Cleaning up, standardizing, and automating data from the City’s sales/use tax distribution reports provided by SBE. for eight (8) previous quarters, current quarter, and each future quarter of service. This is done to provide two benchmark years in the initial report to the City. Amounts for the most recent quarter are included in each STARS reports, but are not used for benchmark purposes as many accounts are incomplete due to late-paying businesses MMC/MRC clients use STARS reports to gain a better understanding of where their sales tax comes from, determine what trends, good or bad, are occurring to their sales tax base, and identify those businesses on which the jurisdiction is most dependent for its sales tax revenue 10 991102 sd10032272 Receiving and processing sales tax distribution reports quarterly Reorganizing and refining the computerized sales tax data for the City using MMC/MRC’s STARS Analyzing the City’s major sales tax producers All major sales tax producers and business categories are monitored and analyzed quarterly based on the following reports: o Management Summary, Sales Tax Digest, Charts MMC/MRC’s STARS reports include a confidential Management Summary, a non- confidential Sales Tax Digest, and color charts that portray graphically the City’s sales tax performance and composition. O Analysis Section - The Analysis Section of MMC/MRC’s STARS reports compares the sales tax performance for the latest complete quarter/report benchmark year to previous quarters and years. This section, which is an exclusive MMC/MRC report, replaces cumbersome manual comparisons between quarters and years. The Analysis Section includes the following: (1) historical performance of the top 100 accounts for up to 4 years, (2) a computerized analysis of the changes that occurred by economic category and by business sector with the specific businesses that made the major contribution to the change delineated, and (3) an analysis by magnitude of change indicating which key businesses grew or declined, measured in absolute dollars and percentages. Quarterly aberrations due to SBE audits, fund transfers, and other causes are also identified and analyzed for budget planning and revenue forecasting purposes. Major (and Top 100) Sales Tax Producers - Sales tax performance of the top 100 sales tax accounts is shown in order of sales tax produced with the results for the most recent five quarters prominently displayed. The proportion of City sales tax produced is also shown by each account. Sales Tax Accounts by Business Code - This report shows the various business codes assigned by the SBE and the accounts assigned those codes in order of sales tax produced. Five quarters of sales tax data are shown for each account. The City may select the 11 991102 sd10032272 o o O O cut-off level of t~s report (that is, all accounts or just accounts that produce over a certain amount per year). Misclassified sales tax accounts are corrected to make the report a true reflection of the sources of the City’s sales tax income. Sales Tax Trend Report - Data is summarized by economic category and by business sector making up each category. Sales tax trends are shown by qu .after and by successive benchmark years. Percent of sales tax is also shown to indicate trends in sales tax composition as well as performance. Growth and decline comparisons are indicated by various categories for forecasting and analysis. Sales Tax by Account/Sub-Number - The SBE does not provide specific sales tax amounts generated by individual location of a firm with multiple locations in the same City and County. Such a breakdown is needed if the City is to track sales tax by specific geo- areas, such as shopping centers, business districts, and industrial parks. STARS allocates sales tax by location and even customizes difficult allocations such as auto dealers with showrooms, leasing, used cars, and body repair shops. This report shows the amounts allocated to each individual location for a firm with multiple locations in the City and County. Geo-Coding - Tracks sales tax performance within designated areas of the City (for example, key shopping centers, and downtown business districts). Charts and printed reports are included for each geo-area. Cross Reference Reports - These reports allow the user to look up any account shown in the STARS reports by name, address or account number. Special Business Tax Report - MMC/MRC’s STARS reports include a report that is specifically designed to facilitate the City’s business license tax administration by replacing the manual yellow registration control cards and/or the registration diskette(s). The cards come in no particular order and are cumbersome to use. The diskettes are hard to use due to non-standard address fields and business names and require staff time to produce the list of sales tax permit registration changes. MMC/MRC produces a printed report quarterly that lists all changes to the City’s sales tax records by the 12 991102 sdl 0032272 o type of change (i.e., new firms, closed firms, new addresses, new owners, other). Under each type of change are the accounts in clean address order. By correcting, cleaning up, and standardizing addresses, business names and business classifications on all of the City’s sales tax generators, MMCiMRC is able to provide the City’s business license staff with another valuable audit tool. MMC/MRC will also provide the City with a copy of the cleaned up sales tax files on floppy disk or 9-track tape if the City wishes to add the data to its database. Corollary_ Information Services - In addition to the STARS report, MMC/MRC provides as a part of the information service, a quarterly updated sales tax forecast for the current and subsequent fiscal year, regional per capita analysis reports, and the MMC/MRC Insights, which contains valuable economic analysis on a regional and countywide basis plus current issues of interest. Corollary Consulting In conjunction with the STARS Query System and STARS reports described above, MMCiMRC shall provide corollary consulting as requested by the City as follows: Prepare and analyze a list of the City’s major sales tax generators to assist the City in developing a public relations program to prevent the loss of these important businesses Profile for Economic Development personnel, the most economically desirable and undesirable types of developments or business uses and the reasons why Assist in defming specific geographic areas for which the City would have an interest in knowing the sales tax produced Serve as a resource to assist the City on an "as-needed" basis by providing legal and technical support on sales/use tax issues and questions regarding proposed legislation, estimated revenue on proposed projects, revenue- sharing negotiations, retail sales leakage, budget projections, and any other areas 13 991102 sd10032272 Deliverables and Timing MMC/MRC shall commence preparing the STARS Query System and STARS Digest within 10 working days following receipt of: Contract approval and resolution designating MMC/MRC as the authorized City Consultant to examine sales and use tax records; and, State Board of Equalization quarterly distribution reports for most recent nine (9) consecutive quarters The initial STARS Query System shall be delivered and installed on IBM compatible PCs designated by the City, together with the STARS Digest, within 45 working days following receipt of the above. The quarterly updated Query System and STARS Digests will be delivered to the City within 30 working days following receipt of the Quarterly Distribution Reports. MMC/MRC will provide corollary consulting to the City in conjunction with delivery of the STARS Query System and STARS Digests following completion of the enhancement audits. 3.BUSINESS COOPERATION PROGRAM MMC/MRC may be asked to support the City of Palo Alto with a Business Cooperation Program (BCP), which will be designed by the City in conjunction with MMC/MRC. Business cooperation involves working closely with City staff to develop and implement public relations programs to explore with businesses located in Palo Alto opportunities to enhance revenue without creating additional tax liability, through the modification of operations or administrative procedures. MMC/MRC’s Business Cooperation Program results in the City realizing additional sales/use tax revenue and developing improved relationships with the business community. MMCiMRC’s BCP staff possesses thorough knowledge and understanding of private sector tax issues, with the expertise necessary to analyze existing methodologies and develop compatible methodologies necessary to implement changes beneficial to the City and its business community. In all cases, the CITY Manager’s Office (Economic Resources Manager) shall initiate any business cooperation efforts and shall approve any outreach strategies suggested by MMC/MRC. Benchmarks will be established, and any milestones will be measured 14 991102 sdl 0032272 on a yearly basis. agreement. MMC/MRC’s participation in the City’s BCP will be upon mutual 4. PROPERTY TAX INFORMATION Query System Following the first availability of the Equalized Roll for a fiscal year, from the County of Santa Clara, each year by November 30, if county data is available in a timely manner, MMC/MRC will deliver to the City an assessed valuation database of secured, unsecured and SBE parcels that constitute the City. The database is in the form of a query system that will facilitate the extraction, sorting, and output of information by the user. The database is called Property Tax Analysis and Reporting Service (PTARS). The Query system and database will: [] Allow the user to access data pertaining to the City. Allow access to data in terms of user defined threshold assessed values. (e.g., properties with assessed values above $1 million, or properties with assessed values below $200,000, etc.). Provide listing of the top secured and unsecured property taxpayers (by levy only) both for discrete assessments and as combined assessments of owners showing multiple ownership throughout the City. Actual tax payment/delinquency information is not available until the July of the following fiscal year. [] Provide listed information on secured property transfers in the jurisdiction in the preceding lien year. [] Allow the user to access data by property owner, sims address or parcel number. Where possible, indicate the prior year assessed value, sale history and County use code. Availability of this feature is dependent on the quality of data provided by the County. Provide information on properties that have not been reassessed at their market value since the enactment of Proposition 13, with each record showing information such as sims address, assessed value and county use code. This data will also include parcels that have not changed ownership since the enactment of Proposition 13. 15 991102 sd10032272 Provide comparisons of parcels and their aggregations by county-use code designation and, where possible, such comparisons will be graphically demonstrated. Incorporate electronic data received from the building permit department and identify parcels with new construction activity. MMC/MRC will provide data as required by the City for the completion of Proposition 4 and Proposition 111 State Appropriation Limit calculations. Provide listing of multiple owned parcels. [] Provide listing of absentee owner parcels. The query system and database will be updated quarterly to reflect: changes in ownership; new mailing addresses; document numbers filed for sales transactions; and where available, a verified sales price of transfers. Annually the system and database will be updated for valuation data from the Assessor’s certified roll. Reports Included in the PTARS Service, MMC/MRC will provide reports containing the following information at the designated frequency of: Annually (by February 1 of each year) The standard annually updated property tax reports include but are not limited to the following for the City: []Assessed value summaries by assessment category []Assessed value gains and declines by assessment category []Summary of significant assessment changes (prior year) []Summary of assessed valuation by land use []Historical growth of assessed valuations []Top 25 assessments/tax revenue generators []Top 25 assessments/tax revenue generators by TRA []Top 25 assessments by assessment category []Significant assessment exemptions []Significant property tax valuation changes (current/prior year) []Property tax revenues by TRA []Top 25 property tax revenue changes (current/prior year) 16 991102 sdi0032272 Proposition 13 ownership analysis property ownership transfers since the last lien date. Listing of non-owner occupied parcels. Quarterly Property tax assessment appeals filed with the Santa Clara County Assessment Appeals Board. The report will be based on information received from the County, and will include: the appellant’s name, years elapsed since prior sale: comparison of the assessed value and the requested value; county use code; the person/division of the Assessor’s office reviewing the appeal, the scheduled date of the Appeals Board Hearing and other information pertinent to assessment appeals that will assist City staff to estimate future impacts on property tax. Appeals Board Decision Data A listing of property transfers that have occurred within the jurisdiction of the City, providing in the report the owner, situs address, prior and current assessed value, as available from the County assessor and other reliable real estate information sources. list of all City owned properties in the City and the street boundaries, based on boundary information provided by the City At the City’s Request Analyses based on geographic area designated by the City to include estimates on development valuation for use of community development planning. B. CERTIFICATION OF CONFIDENTIALITY Section 7056 of the State of California Revenue and Taxation Code specifically limits the disclosure of confidential taxpayer information contained in the records of the State Board of Equalization. This section specifies the conditions under which a city or county may authorize persons other than officers and employees to examine State Sales and Use Tax records. MMCiMRC i~ authorized by this Agreement to examine sales and use tax records of the State Board of Equalization provided to City pursuant to contract under the Bradley-Burns Uniform Sales and Use Tax Law. 17 991102 sd10032272 MMC/MRC is required to disclose information contained in, or derived from, those sales and use tax records only to an officer or employee of the City who is authorized by resolution to examine the information. MMC/MRC is prohibited from performing consulting services for a retailer during the term of this Agreement. MMC/MRC is prohibited from retaining the information contained in, or derived from, those sales and use tax records, after this Agreement has expired. Information obtained by examination of State Board of Equalization records shall be used only for purposes related to collection of local sales and use tax or for other governmental functions of the City as set forth by resolution adopted pursuant to Section 7056(b) of the Revenue and Taxation Code. The resolution shall designate MMC/MRC as a person authorized to examine sales and use tax records and certify that this Agreement meets the requirements set forth above and in Section 7056(b)(1) of the Revenue and Taxation Code. 18 991102 sd10032272 EXHIBIT B GENERAL PROVISIONS SECTION 1 - QUALIFICATIONS, STATUS, AND DUTIES OF CONTRACTOR I.i In reliance on the representation and warrantyset forth in Section 1.4, CITY hires CONTRACTOR to perform,and CONTRACTOR covenants and agrees that it wil! furnish or cause tobe furnished, the Services. 1.2 Time. Consultant shall devote such time tothe performance of services pursuant to this Agreement as may be reasonably necessary for satisfactory performance of Consultant’s obligations pursuant to this Agreement. Neither party shall be considered in default of this Agreement to the extent performance is prevented or delayed by any cause, present or future, which is beyond the reasonable control of the party. 1.3 Licenses, Permits, Etc. Consultant represents and warrants to City that it has all licenses, permits, qualifications and approvals of whatsoever nature which are legally required for Consultant to practice its profession. Consultant represents and warrants to City that Consultant shall, at its sole cost and expense, keep in effect or obtain at all times during the term of this Agreement any licenses, permits, and approvals which are legally required for Consultant to practice his profession. 1.4 Standard of Performance. Consultant shall perform all services required pursuant to this Agreement in the manner and according to the standards observed by a competent practitioner of the profession in which Consultant is engaged in the geographical area in which Consultant practices his/her profession. Al! products of whatsoever nature which Consultant delivers to City pursuant to this Agreement shall be prepared in a substantial, first class and workmanlike manner and conform to the standards of quality normally observed by a person practicing in Consultant’s profession. 1.5 CONTRACTOR will assign John Austin as the project director to have supervisory responsibility for the performance, progress, and execution of the Services. If circumstances or conditions subsequent to the execution of this Contract cause the substitution of the project director for any reason, the appointment of a substitute project director will be subject to the prior written approval of the project manager. 991102 sd10032211 18 1.6 CONTRACTOR represents and warrants that it will: 1.6.1 Procure all permits and licenses, pay all charges and fees, and give all notices which may be necessary and incident to the due and lawful prosecution of the Services; 1.6.2 Keep itself fully informed of all existing and future Federal, State of California, and local laws, ordinances, regulations, orders, and decrees which may affect those engaged or employed under this Contract, any materials used in CONTRACTOR’s performance under this Contract, or the performance of the Services; 1.6.3 At all times observe and comply with, and cause its employees and contractors (and consultants), if any, who are assigned to the performance of this Contract to observe and comply with, the laws, ordinances, regulations, orders and decrees mentioned above; and 1.6.4 Will report immediately to the project manager, in writing, any discrepancy or inconsistency it discovers in the laws, ordinances, regulations, orders, and decrees mentioned above in relation to any plans, drawings, specifications or provisions of this Contract. 1.7 Any reports, information, data or other material given to, or prepared or assembled by, CONTRACTOR or its contractors, if any, under this Contract will become the property of CITY and will not be made available to any individual or organization by CONTRACTOR or its contractors, if any, without the prior written approval of the city manager. 1.8 CONTRACTOR will provide CITY with two (2) copies of each report, if any, which may be required under this Contract, upon completion and acceptance of such reports by CITY. 1.9 If CITY requests additional copies of reports, drawings, specifications or any other material which CONTRACTOR is required to furnish in limited quantities in the performance of the Services, CONTRACTOR will provide such additional copies and CITY will compensate CONTRACTOR for its duplication costs. i. I0 Personnel. Consultant shall assign only competent personnel to perform services pursuant to this Agreement. In the event that City, in its sole discretion, at any time during the term of this Agreement, desires the removal of any person or persons assigned by Consultant to perform services pursuant to this Agreement, Consultant shall remove any such person immediately upon receiving notice from City of the desire of City for the removal of such person or persons. 991102 sd10032211 19 SECTION 2 -DUTIES 0F..........CI.T~ 2.1 CITY will furnish or cause to be furnished the specified services set forth in Exhibit ~A" and such other information regarding its requirements as may be reasonably requested by CONTRACTOR. 2.2 The city manager will represent CITY for all purposes under this Contract. Joe Saccio is designated as the project manager for the city manager. The project manager wil! supervise the performance, progress, and execution of the Services. 2.3 If CITY observes or otherwise becomes aware of any default in the performance of CONTRACTOR, CITY will use reasonable efforts to give written notice thereof to CONTRACTOR in a timely manner. SECTION 3 -INSURANCE 3.1 CONTRACTOR, at its sole cost and expense, will obtain and maintain, in full force and effect during the term of this Contract, the insurance coverage described in Exhibit "C", insuring not only CONTRACTOR and its contractors, if any, but also, with the exception of workers’ compensation, employer’s liability, and professional liability insurance, naming CITY as an additional insured concerning CONTRACTOR’s performance under this Contract. 3.2 All insurance coverage required hereunder will be provided through carriers with Best’s Key Raking Guide ratings of A:VII or higher which are admitted to transact insurance business in the State of California. Any and all contractors of CONTRACTOR retained to perform Services under this Contract will obtain and maintain, in full force and effect during the term of this Contract, identical insurance coverage, naming CITY as an additional insured under such policies as required above. 3.3 Certificates of such insurance, preferably on the forms provided by CITY, will be filed with CITY concurrently with the execution of this Contract. The certificates will be subject to the approval of CITY’s risk manager and will contain an endorsement stating that the insurance is primary coverage and will not be canceled or altered by the insurer except after filing with CITY’s city clerk thirty (30) days’ prior written notice of such cancellation or alteration, and that the City of Palo Alto is named as an additiona! insured except in policies of workers’ compensation, employer’s liability, and professional liability insurance. Current certificates of such insurance wil! be kept on file at all times during the term of this Contract with the city clerk. 991102 sdl 0032211 20 3.4 The procuring of such required policy or policies of insurance will not be construed to limit CONTRACTOR’s liability hereunder nor to.fulfil! the indemnification provisions of this Contract. Notwithstanding the policy or policies of insurance, CONTRACTOR will be obligated .for the full and total amount of any damage, injury, or loss caused by or directly arising as a result of the Services performed under this Contract, including such damage, injury, ~or loss arising after the Contract is terminated or the term has expired. _ SECTION 4 WORKERS’ COMPENSATION 4.1 CONTRACTOR, by executing this Contract, certifies that it is aware of the provisions of the Labor Code of the State of California which require every employer to be insured against liability for workers’ compensation or to undertake self-insurance in accordance with the provisions of that Code, and certifies that it wil! comply with such provisions, as applicable, before commencing the performance of the Services. SECTION 5 -ASSIGNMENT 5.1 This Contract is for the personal services of CONTRACTOR, therefore, CONTRACTOR will not assign, transfer, convey, or otherwise dispose of this Contract or any right, title or interest in or to the same or any part thereof without the prior written consent of CITY. A consent to one assignment will not be deemed to be a consent to any subsequent assignment. Any assignment made without the approval of the city manager will be void and, at the option of the city manager, this Contract may be terminated. This Contract will not be assignable by operation of law. SECTION 6 - SERVICES TERMINATION OR SUSPENSION OF CONTRACT OR 6.1 This Agreement may terminate on thirty (30) days written notice by either party, or within such time as both parties may find necessary to conclude the work currently under way and to summarize Consultant’s findings for City. Termination shall not affect the payment of any compens@tion due MRC for additional revenues reasonably substantiated by MRC at the effective date of termination. Services performed by MRC prior to termination may result in CITY’S receipt of revenue after termination. This receipt of revenue entitles MRC to payment from CITY even after expiration of contract or termination. CITY agrees to provide to MRC after expiration or termination of this Agreement such information as is necessary ’to enable MRC to calculate the compensation due to MRC as a result of said receipt of revenue and MRC shall maintain the confidentiality of this information. In light of Revenue and Taxation Code Section 7056, MRC shall be 991102 sd10032211 21 deemed "under contract" after expiration of contract or receipt of notice of termination from the CITY for the sole and limited purpose of enabling MRC to have access to said information to calculate compensation. SECTION 7 -INDEMNITY 7.1 CONTRACTOR agrees to protect, indemnify, defend and hold harmless CITY, its Council members, officers, employees and agents from any and all demands, claims, or liability of any nature, including death or injury to any person, property damage or any other loss, caused by or arising out of CONTRACTOR’s, its officers’, agents’, subcontractors’ or employees’ negligent acts, errors, or omissions, or willfu! misconduct, or conduct for which applicable law may impose strict liability on CONTRACTOR in the performance of or failure to perform its obligations under this Contract. SECTION 8 -WAIVERS 8.1 The waiver by either party of any breach or violation of any covenant, term, condition or provision of this Contract, or of the provisions of any ordinance or law, will not be deemed to be a waiver of any other term, covenant, condition, provisions, ordinance or law, or of any subsequent breach or violation of the same or of any other term, covenant, condition, provision, ordinance or law. The subsequent acceptance by either party of any fee or other money which may become due hereunder will not be deemed to be a waiver of any preceding breach or violation by the other party of any term, covenant, condition or provision of this Contract or of any applicable law or ordinance. 8.2 No payment, partial payment, acceptance, or partial acceptance by CITY will operate as a waiver on the part of CITY of any of its rights under this Contract. SECTION 9 -NONDISCRIMINATION 9.1 As set forth in the Palo Alto Municipal Code, no discrimination will be made in the employment of any person under this Contract because of the age, race, color, national origin, ancestry, religion, disability, sexual preference or gender of that person. If the value of this Contract is, or may be, five thousand dollars ($5,000) or more, CONTRACTOR agrees to meet all requirements of the Palo Alto Municipal Code pertaining to nondiscrimination in employment, including completing the requisite form furnished by CITY and set forth in Exhibit "D". 9.2 CONTRACTOR agrees that each contract for services with an independent provider will contain a provision substantially as follows: 991102 sd10032211 22 "[Name of Provider] will provide CONTRACTOR with a certificate stating that [Name of Provider] is currently in compliance with all Federal and State of California laws covering nondiscrimination in employment; and that [Name of Provider] will not discriminate in the employment of any person under this contract because of the age, race, color, national origin, ancestry, religion, disability, sexual preference or gender of such person." 9.3 If CONTRACTOR is found in violation of the nondiscrimination provisions of the State of California Fair Employment Practices Act or similar provisions of Federal law or executive order in the performance of this Contract, it will be in default of this Contract. Thereupon, CITY wil! have the power to cancel or suspend this Contract, in whole or in part, or to deduct the sum of twenty-five dollars ($25) for each person for each calendar day during which such person was subjected to acts of discrimination, as damages for breach of contract, or both. Only a finding of the State of California Fair Employment Practices Commission or the equivalent federal agency or officer will constitute evidence of a breach of this Contract. 9.4 If CONTRACTOR is in default of the nondiscrimination provisions of this Contract, CONTRACTOR will be found in material breach of this Contract. Thereupon, CITY will have the power to cancel or suspend this Contract, in whole or in part, or to deduct from the amount payable to CONTRACTOR the sum of two hundred fifty dollars ($250) for each calendar day during which CONTRACTOR is not in compliance with this provision as damages for breach of contract, or both. SECTION I0 - NOTICE I0.i Any notice to be given from one party to the other pursuant to this Agreement shall be deposited with the United States Postal Service postage prepaid by certified mail and addressed as follows: To City:Director of Administrative Services CITY OF PALO ALTO 250 Hamilton Avenue Palo Alto, CA 94301 To Consultant:John Austin MUNICIPAL RESOURCE CONSULTANTS 32107 W. Lindero Canyon Road Suite 233 Westlake Village, CA 91361 Nothing in this Paragraph shall be construed to prevent the giving of notice by personal service. 991102 sd10032211 23 SECTION II -CONFLICT,,,,,,,OF,,,,IN~EREST II.i In accepting this Contract, CONTRACTOR covenants that it presently has no interest, and will not acquire any interest, direct or indirect, financial or otherwise, which would conflict in any manner or degree with the performance of the Services. 11.2 CONTRACTOR further covenants that, in the performance of this Contract, it will not employ any contractor or person having such an interest. CONTRACTOR certifies that no person who has or will have any financial interest under this Contract is an officer or employee of CITY; this provision will be interpreted in accordance with the applicable provisions of the Palo Alto Municipal Code and the Government Code of the State of California. SECTION 12 -MISCELLANEOUS PROVIS,IONS 12.1 Lggal Interpretations. For purposes of this Agreement the City Attorney’s opinion concerning the interpretation of local ordinances and the lega! rights, duties and obligations of the City regarding collection of taxes under State and local law shall be controlling. 12.2 City’s Determination Final. Whenever the City Council or a City Officer is empowered under State or local ordinance to make a determination as to whether or not a tax assessed against a taxpayer is due for purposes of this agreement that determination shall be final and binding on the parties hereto. 12.3 Confidentiality. Consultant agrees that it shall keep all information it receives concerning City taxpayers confidential and that it shall not use this information for any purpose other than as expressly provided in this Agreement or otherwise expressly consented to by City. 12.4 Dispute Resolution. Any dispute arising under this Agreement must first be submitted to non-binding arbitration before either party may pursue any other legal remedy. Any awarded damages shall not exceed the higher of: I) the administrative fee for the remaining contract term; or, ii) 25% of the demonstrated additional recovered revenues for twelve quarters that resulted from the compliance activities described herein,less any administrative fees paid to MRC under the Agreement. 12.5 In the event that an action is brought, the parties agree that trial of such action will be vested exclusively in the state courts of California or in the United States District Court for the Northern District of California in the County of Santa Clara, State of California. 991102 sdl 0032211 24 12.6 Attorney’s Fees and Costs. The prevailing party in any action brought to enforce the provisions of this Contract may recover its reasonable costs and attorneys’ fees expended in connection with that action. 12.7 Whole and Entire Agreement. This instrument contains the whole and entire agreement of the parties hereto and correctly sets forth the rights, duties and obligations of each to the others as of its date. Any prior agreements, promises, negotiations or representations not expressly set forth in this Agreement are of no force and effect. 12.8 All provisions of this Contract, whether covenants or conditions, will be deemed to be both covenants and conditions. 12.9 The covenants, terms, conditions and provisions of this Contract will apply to, and will bind, the heirs, successors, executors, administrators, assignees, and contractors, as the case may be, of the parties. 12.10 If a court of competent jurisdiction finds or rules that any provision of this Contract or any amendment thereto is void or unenforceable, the unaffected provisions of this Contract and any amendments thereto will remain in full force and effect. 12.11 All exhibits referred to in this Contract and any addenda, appendices, attachments, and schedules which, from time to time, may be referred to in any duly executed amendment hereto are by such reference incorporated in this Contract and will be deemed to be a part of this Contract. 12.12 This Contract may be executed in any number of counterparts, each of which will be an original, but al! of which together will constitute one and the same instrument. 12.13 This Contract is subject to the fiscal provisions of the Charter of the City of Palo Alto and the Palo Alto Municipal Code. This Contract will terminate without any penalty (a) at the end of any fiscal year in the event that funds are not appropriated for the following fiscal year, or (b) at any time within a fiscal year in the event that funds are only appropriated for a portion of the fiscal year and funds for this Contract are no longer available. This Section 12.13 shall take precedence in the event of a conflict with any other covenant, term, condition, or provision of this Contract. 991102 sd10032211 25 J&H MARSH & MCLENNAN OF CONNECTICUT. INC. FOUR STAMFORO PLAZA 107 ELM STREET. 6TH FLOOR STAMFORD. CT 06902 "JESSICA SIRICO (203) 964-2686 INSURED MUNICIPAL RESOURCE CONSULTANTS 32107 W. LINDERO CANYON RO. SUITE 233 WESTLAKE VILLAGE. CAATTN: PAM KEVAN 91361 DATE 12/23 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMAl ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATHOLDER. THIS CERTIFICATE DOES NOT AMEND,EXTEND ORALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW, COMPANIES AFFORDING COVERAGE COMPANY !A GREAT NORTHERN INS CO t COMPANY " I B PACIFIC INDEMNITY CO i COMPANYIc I COMPANY THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE :OR THE POLICY ;-;OD INDICATED, NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WIIICF HISCERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL TIlE T£EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEhl REDUCED BY PAID CLAIMS. LTR TYPE OF INSURANCE A } GENERAL LIABILITY X~’I COMMERCIAL GENERAL LIABILITY ~_~OMOBILE LIABILITYI ANY AUTO~_~ ALL OWNED AUTOSSCHEDULED AUTOS L_~ HIRED AUTOS I i:.___~ N 0 N-OW NED AUTOS GARAGE LIABILITY ~ANY AUTO POLICY NUMBER LIMITS 35291862 73186088 71608583 POLICY EFFECTIVE POLICY EXPIRATION DATE (MM/OD/YY)DATE MM/DDfYY 12/30/98 12/30/99 12/30/98 12/30/99 12/30/9912130/98B GENERAL AGGREGATE PRODUCTS-COMP/OPAGG I’! 000.00C PERSONAL & ADV INJURY tS ]. 0C3. OOC ~Ac~ occu~Nc~1’J. Ogg. OCC FIRE DAMAGE IAny one fire)I MED Ex~ ~A~y on, ~=,=o~ I COMBINED SINGLE LIMIT BODILY INJURY (Pe~ person) BODILY INJURY {Pe~ accident) PROPERTYDAMAGE AUTO ONLY - EA ACCIDENT OTHER THAN AUTO ONLY: ~ ~=~;.~.::~-{ f, : " EACH ACCIDENT AGGREGATE EACH OCCURRENCE AGGREGATE EL EACH ACCIDENT IEL DISEASE- POLICY LIMIT EL DISEASE- EA EMPLOYEE 73186088 12/30/98 12130199 COLLISION: $1000 CCAF: $1000 ~_~_~:SS LIABILITYMBRELLA FORM [’-~ OTHER THAN UMBRELLA FORM WORKER’S COMPENSATION AND EMPLOYERS" LIABILITY ’THE PROPRIETOR/~INCL PARTNERS/EXECUTIVE OFFICERS ARE:i I EXCL OTHER AUTO DEDUCTIBLES: DESCRIPTION OF OPERATIONS/LOCATIONS/’VEHICLEB/SPECIAL ITEMS ILIMITS MAY BESUBJECT TO DEDUCTIBLES OR RETENTIONSI. THE CITY OF PALO ALTO. ITS AGENTS. OFFICERS. SERVANTS AND EMPLOYEES ARE NAilED AS ADDITIONAL INSUREDS WITH RESPECT TO THE 6~E-L:T!O,% AND WORK PERFORMED BY THE NAMED INSURED AS REQUIRED BY CONTRACT. CERTIFICATE HOLDER CITY OF PALO ALTO A~N. JOSEPH SATCHIO SENIOR FL~NCIAL ANALYST P.O. BOX 1O250 PALO ALTO CA 94303 (~ 10 DAYS FOR NON-PAYMENT) HOLDER COPY EXHIBIT SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF. THE ISSUING COMPANY WILL ENDEAVOR TO MAIL 30 * DAYS WRITTEN NOTICE TO THE CERT|FtCATE HOLDER NAMED TO THE LEFT. BUT FAILURE TO MAIL SUCH NOTICE SHALL IMPOSE NO OBLIGATION OR LIABiLiTY OF ANY KIND UPON THE COMPANY. ITS AGENTS OR REPRESENTS.TIMES AUTHORIZED REPRESENTATIVE .~ ..... -:.-.e ACORD’COR~ORAilON ~995 CERTIFICATE NO.006004-00!~ ~-C III STARS Sales Tax Analysis and Reporting Service Post-Audit Information Service with Advanced Query Functions, Graphing, and Geocoding Capability Comprehensive, Up-to-Date Sales Tax Database Preserve and Enhance Revenue Base and Services Develop and Implement Economic Development Strategies Target Business Retention, Expansi6n, and Attraction Identify Key Industries and Land Uses Develop Revenue Productivity Profiles Municipal Resource Consultants ~ 32107 West Lindero Canyon Road, Suite 233 - Westlake Village, California, 91361 (800) 247 - 4406 ~ mrcinfo@mrc-usa.com Westlake Village, California ¯ Atlanta, Georgia ¯ Armonk, New York The STARS database an~l software provides a comprehensive picture of a jurisdiction’s sales tax generation. Users can also see the City’s major generators of sales tax for a current period, along with location and historical data. STARS allows users to review detailed sales tax revenue data by specific business name r~ buildTng address D address range STARS assigns every business to an economic category or industry classification. This allows users to develop queries by economic type. STARS allows users to easily establish customized geo-areas for analysis of special districts, project areas, industrial parks, or neighborhoods. STARS analytical reports allow users to compare businesses with their economic segments and jurisdiction-wide statistics. At a glance, users can see relative strengths and weaknesses of specific businesses and economic segments. STARS Digest The printed STARS Digest accompanying each quarterly database update includes: MANAGEMENT SUMMARY WITH CHARTS Includes statewide trends that may affect the jurisdiction’s sales tax, plus a specific analysis of the jurisdiction’s sales tax composition, changes and performance. ANALYSIS SECTION Historical performance of the top accounts comparing current benchmark year ranking and sales tax produced with that of prior years; Changes that occurred by economic category and by business sector with the specific businesses that made the major contribution to the change delineated; and Key businesses that expanded or declined, measured in absolute dollars and percentages. MAJOR SALES TAX PRODUCERS Sales tax performance of the jurisdiction’s major sales tax accounts is shown in order of sales tax produced with the results for the most recent prior time periods. SALES TAX TRENDS Data is summarized by economic category and by business sector making up each category. Sales tax trends are shown historically. Growth and decline comparisons are indicated by various categories for forecasting and analysis. Please contact Municipal Resource Consultants at (800) 247-4406, or by e-mail at mrcinfo@mrc-usa.com, for additional information. P sou c co st ,, rs ~ An MBIA MuniServices Company Municipal Resource Consultants ~ 32107 West Lindero Canyon Road, Suite 233 ~ Westlake Village, California, 91361 (800) 247--4406 ~ mrcinfo@mrc-usa.com Westlake Village, California ¯ Atlanta, Georgia ¯ Armortk, New York !11 GRIP Geobased Revenue Information Program Service Comprehensive Relational Database Leading-Edge Decision Support System for Local Government Administrators, Economic Development Directors, Finance Directors, Revenue Managers and Planners []All Major Sources of General Revenue []Preserve and Enhance Revenue Base and Services []Budgeting and Revenue Projections []Fiscal and Economic Impact Analysis []Develop and Implement Economic Development Strategies []Target Business Retention, Expansion, and Attraction []Development/Land Use Revenue Profiles []Identify Key Industries/Land Uses ,4~Rc MUNICIPAL RESOtrRCE CONSULTANTS An MBIA MuniServices Company Municipal Resource Consultants ~ 32107 West Lindero Canyon Road, Suite 233 ~ Westlake Village, California, 91361 (800) 247 - 4406 ~ mrcinfo@mrc-usa.com Westlake Village, California ¯ Atlanta, Georgia ¯ Armonk, New York GRIP DATABASE AND QUERY SYSTEM GRIP provides each client jurisdiction with standardized, integrated and updated data on all key revenue sources and revenue generating entities in a single unified database. The GRIP database encompasses: The land parcels, addresses, major buildings, and users (commercial, industrial, institutional, governmental, residential) located within the jurisdiction’s boundaries; and The major sources of general fund revenue such as: ¯Business Tax ¯Utility Tax ¯Property Tax ¯State Subventions ¯Sales/Use Tax ¯Franchise Fees ¯Hotel Tax MRC’s GRIP Query System software enables jurisdictions, to analyze the contribution of revenue by individual business, assessor parcel, address, business types, or user defined geographic areas. GRIP allows users to quickly construct data filters using a variety of criteria in a wide range of combinations. Data filters may be defined for: r~ Revenue generator types (by business name, assessor parcel, or address) [] Revenue sources (by dollars as well as revenue rank) [] Revenue category (based upon SIC industrial classifications [] User-defined geo-areas (by address ranges contained within a specified geographic area of interest, such as a redevelopment area, central business district, industrial park, or development project) []Physical presence data (such as employee counts, parcel square footage) GRIP allows users to analyze data by r~ individual location a aggregate entity r~ assessor parcel combined or specific revenue sources dollar ranges revenue rankings user-defined geographic area business type PRINTED GRIP DIGESTS MRC’s printed GRIP Digests enable users to answer questions, such as: []How is the jurisdiction’s economic base performing in terms of revenue generation? []Where is the jurisdiction’s tax revenue coming from? []Upon which businesses is the jurisdiction most dependent for its tax revenue? Which business types are the most economically desirable/undesirable? MAPPING MODULE AND GIS INTERFACE GRIP allows users to interface with GIS systems to graphically visualize the economic landscape. Please contact Municipal Resource Consultants at (800) 247-4406, or by e-mail at mrcinfo@mrc-usa.com, for additional information. ,4~Rc MUNICIPAL RESOtrRO~ CONSULTANTS An MBLA MuniServices Company Municipal Resource Consultants - 32107 West Lindero Canyon Road, Suite 233 ~ West.lake Village, California, 91361 (800) 247 - 4406 ~ mrcinfo@mrc-usa_com Westlake Village, California ¯ Atlanta, Georgia ¯ Armonk, New York LLJ PTARS Property Tax Analysis and Reporting Service Map Driven Query System with Simple & Advanced Query Functions Comprehensive Database of Property Tax and Tax Increment Information for Local Governments and Redevelopment Agencies []Assessed Value & Property Taxes []Tax Increment & Receipts Analysis []Assessment Appeals Information [] Brownfield Analysis & Assistance [] Prepared Reports & Analyses ,4~Rc MUNICIPAL RESOURCE CONSULTANTSAn MBIA MuniServices Company Municipal Resource Consultants ~ 32107 West Lindero Canyon Road, Suite 233 ~ Westlake Village, California, 91361 (800) 247 - 4406 - mrcinfo@mrc-us~.com Westlake Village, California ¯ Atlanta, Georgia ¯ Armonk, New York PROPERTY TAX INFORMATION SERVICE PTARS is a revenue information service that provides current year property tax revenue on a historical basis. This map-driven, interactive query and analysis program provides comprehensive property tax information and powerful analytical tools for modeling property tax revenue. PTARS allows the user to analyze assessed values, levy and receipts estimations, pass-through payments, and debt loads. The user may monitor, review, and analyze comprehensive property tax data, assessed values, location and geo-based areas, and regularly updated revenue and appeal data. PTARS DATABASE AND QUERY SYSTEM PTARS allows users to quickly construct query data filters by [] Jurisdiction [] tax rate area [] type of property tax [] land use [] assessed value [] owner names [] street names [] assessor parcel number Query results are returned by parcel list color-coded parcel for GIS capability maps Query results are summarized by r~ tax rate area ~] assessed value detail Summary and individual data can be displayed by color charts and graphs Summary and individual can also be displayed by Single-record detail data PTARS special functions allow clients to generate ’~Nhat-if?" scenarios for property tax and tax increment revenues to support policy formulation, managerial decision-making, debt issues, Brownfields policy, and a wide range of other property tax-related issues. WHO USES PTARS? PTARS is designed for local government management and staff, including finance directors of cities, counties, and school districts, redevelopment agency project managers, revenue managers of service districts and business development managers of economic development corporations. Please contact Municipal Resource Consultants at (800) 247-4406, or by e-mail at mrcinfo@mrc-usa.com, for additional information. ~I~Rc MUNICIPAL RESOURCE CONSULTANTSAn MBIA MuniServices Company Municipal Resource Consultants ~ 32107 West Lindero Canyon Road, Suite 233 ~ Westlake Village, California, 91361 (800) 247 - 4406 ~ mreinfo@mre-usa.eom Westlake Village, California ¯ Atlanta, Georgia ¯ Armonk, New York RESOLUTION NO. RESOLUTION OF THE COUNCIL OF THE CITY OF PALO ALTO AUTHORIZING THE EXAMINATION OF SALES AND USE TAX RECORDS WHEREAS, pursuant to Ordinance No. 2756, the City of Palo Alto ("City") entered into Contract No. 856 entitled "Agreement for State Administration of Local Sales and Use Taxes" with the State Board of Equalization ("Board"), whereby the Board is to perform all functions incident to the administration and collection of local sales and use taxes under the authority of the Bradley-Burns Uniform Local Sales and Use Tax Law, California Revenue and Taxation Code ("Code") Section 7200 e__~t s_9_q., for and on behalf of the City; and WHEREAS, pursuant to Resolution No[ 6336, the Council of the City ("City Council") appointed the City Auditor and the City Manager, and any designated representative of such officers to represent the City with full authority to investigate and review sales and use tax transactions and collections for the City contained in the records of the Board; and WHEREAS, Section 7056 of the Code requires that the City, by resolution, designate any City officer or employee or any other person to examine any and all of the sales and use tax records of the Board pertaining to sales and use taxes collected for and on behalf of the City; and WHEREAS, the City Council has approved a contract with MBIA MuniServices Company/Municipa! Resource Consultants ("Consultant") to perform sales and use tax audit services ("Contract"); and the Council wishes to designate MBIA MuniServices Company/Municipal Resource Consultants to examine such sales and use tax records maintained by the Board on behalf of the City; NOW, THEREFORE, the Council of the City of Palo Alto does RESOLVE as follows: .~ECTION i. In accordance with the scope of sale and use tax audit services to be provided by Consultant, MBIA MuniServices Company/Municipal Resource Consultants, is hereby designated as the representative of the City as required by Section 7056 of the Code, and is authorized to examine all Of the sales and use tax records of the Board pertaining to sales and use taxes collected by the Board on behalf of the City which are in the City’s possession. SECTION 2. Pursuant to California Revenue and Taxation Code Section 7056 (b), this Council hereby certifies that Consultant meets all of the following conditions: 991102 sdl 0032206 1 (a)Consultant has an existing contract with the City to examine sales and use tax records; (b)Consultant is required by the Contract to disclose information contained in, or derived from, those sales and use tax records only to an officer or employee of the City who is authorized by this resolution to examine the information; (c)Consultant is prohibited by the Contract from performing consulting services for a retailer during the term of the Contract; and (d)Consultant is prohibited by the Contract from retaining the information contained in, or derived from, those sales and use tax records, after the Contract has expired. SECTION 3. The City Council finds that the action hereby approved does not constitute a project under the California Environmental Quality Act. INTRODUCED AND PASSED: AYES: NOES: ABSENT: ABSTENTIONS: ATTEST:APPROVED: City Clerk APPROVED AS TO FORM: Assistant City Attorney Mayor City Manager Director of Administrative Services 991102 sdl 0032206 2