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Res 2012-031
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Res 2012-031
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Last modified
8/21/2012 10:46:18 AM
Creation date
4/19/2012 8:06:31 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2012-31
Date
4/17/2012
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CSJ # 2293 -01 -024 <br />District # 14 - Austin <br />Code Chart 64 # 37950 <br />Project: Widen FM 2439: From Wonder <br />World Drive to Bishop St. <br />Federal Highway Administration <br />CFDA # 20.205 <br />Not Research and Development <br />3. Report the total compensation and names of its top executives to the State and Federal <br />government if: <br />i. More than 80% of annual gross revenues are from the Federal government, and <br />those revenues are greater than $25,000,000 annually; and <br />ii. Compensation information is not already available through reporting to the U.S. <br />Securities and Exchange Commission (SEC). <br />29. Single Audit Report <br />A. The parties shall comply with the requirements of the Single Audit Act of 1984, P.L. 98 -502, <br />ensuring that the single audit report includes the coverage stipulated in OMB Circular A- <br />133. <br />B. If threshold expenditures of $500,000 or more are met during the Local Government's fiscal <br />year, the Local Government must submit a Single Audit Report and Management Letter (if <br />applicable) to TxDOT's Audit Office, 125 E. 11 th Street, Austin, TX 78701 or contact <br />TxDOT's Audit Office at http: / /www.txdot. ovq /contact us /audit.htm. <br />C. If expenditures are less than $500,000 during the Local Government's fiscal year, the Local <br />Government must submit a statement to TxDOT's Audit Office as follows: "We did not meet <br />the $500,000 expenditure threshold and therefore, are not required to have a single audit <br />performed for FY " <br />D. For each year the project remains open for federal funding expenditures, the Local <br />Government will be responsible for filing a report or statement as described above. The <br />required annual filing shall extend throughout the life of the agreement, unless otherwise <br />amended or the project has been formally closed out and no charges have been incurred <br />within the current fiscal year. <br />30. Signatory Warranty <br />Each signatory warrants that the signatory has necessary authority to execute this agreement <br />on behalf of the entity represented. <br />AFA -AFA LongGen Page 12 of 13 Revised 05/06/2011 <br />
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