Dept/ Agency: Offices of Municipal Council/City Clerk Action: (X ) Ratifying (X) Authorizing ( ) Amending Type of Service: Professional Service Contract Purpose: Statutory Auditor Services for 2012 Entity Name: Samuel Klein and Company Entity Address: 550 Broad Street, Newark, New Jersey 07102 Contract Amount: $730,250.00 Funding Source: Office of the City Clerk Contract Period: January 1, 2012 through December 31, 2012 Contract Basis: ( ) Bid ( ) State Vendor (X) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( X ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information: Deferred 7R9-a 021612