HomeMy WebLinkAbout6142 - ADMIN Resolution - City Council - 1978/10/04October 4, 1978
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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