Title
Treasurer-Tax Collector recommending the Board authorize the Chairman to sign Amendment 1 to Agreement for Services 250-S0711 with Allen Haim to increase compensation by $10,000 to an amount not to exceed $30,000 and extending the term one (1) additional year to provide review for current deferred compensation plans and advise the El Dorado County Deferred Compensation Committee regarding 457 plan issues on an "as requested" basis.
FUNDING: General Fund.
Body
BUDGET SUMMARY: |
|
|
Total Estimated Cost |
|
$10,000.00 |
|
|
|
Funding |
|
|
Budgeted |
$10,000.00 |
|
New Funding |
$ |
|
Savings |
$ |
|
Other |
$ |
|
Total Funding Available |
$10,000.00 |
|
Change To Net County Cost |
|
$0.00 |
Fiscal Impact/Change to Net County Cost: No Impact
Reason for Recommendation: Mr. Haim has extensive experience and knowledge of the laws pertaining to deferred compensation, and he provides an independent review and unbiased advice to the Deferred Compensation Committe. Mr. Haim has provided the same services to the County for a number of years, and has performed satisfactorily.
Action to be taken following Board approval: One of the approved original Amendments to be forwarded to the department. The department will notify Procurement of the Board's approval of the Amendment and send the signed original to the vendor.
Contact: Louise Gresham, Assistant Treasurer-Tax Collector
Concurrences: County Counsel, Risk Management