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HomeMy WebLinkAbout6142 - ADMIN Resolution - City Council - 1978/10/04October 4, 1978 llh RESOLUTION NO. 6142 RESOLUTION PROVIDING FOR THE EMPLOYMENT OF PEAT, MARWICK, MITCHELL AND COMPANY TO AUUDIT THE ACCOUNTS AND RECORDS OF THE CITY FOR THE 1978 FISCAL YEAR BE IT RESOLVED by the City Council that Peat, Marwick, Mitchell and Company be hereby employed to examine and audit the accounts and records of the City of St. Louis Park for the 1978 fiscal year; and BE IT FURTHER RESOLVED that the fee to be paid by the City for such audit shall be based upon the time spent by the auditor and staff in preparing such audit not to exceed $8,500 total for such time and the City will also pay for miscellaneous expenditures in the estimated amount of $500; and BE IT FURTHER RESOLVED that said fee will be payable monthly upon receipt of verified statements from the auditor, provided, however, that 15 percent shall be retained by the City until the final audit report has been received and accepted by the City Council; and BE IT FURTHER RESOLVED that the above company shall accept the employment provided herein by letter to the City Council. Adopted by the City Council 0•t•ber 4, 1978. evie ed For adm.0 st ation: Mayo Approved as to form and legality: City Attorney