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HomeMy WebLinkAbout93-176 - ADMIN Resolution - City Council - 1993/11/01RESOLUTION NO. 93-176 RESOLUTION TO RETAIN THE GEORGE M HANSEN CO. FOR 1993 AUDIT SERVICES BE IT RESOLVED by the City Council that the George M. Hansen Co. be retained to examine and audit the accounts and records of the City of St. Louis Park for the 1993 fiscal year in accordance with the terms set out in the letter of understanding, a copy of which is attached; and BE IT FURTHER RESOLVED as follows: 1. The fee paid by the City for such audit services shall be based upon the time spent by the auditor and staff in conducting the audit, but shall not exceed $16,600; the fee paid by the City for the audit of federal programs shall not exceed $1,400; 2. 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; 3. That the City Manager, on behalf of the City, sign the letter of understanding and return one copy to the above company in confirmation of the agreement. Adopted by the City Council, November 1, 1993 ai- Attest: /iew....."04......./ City Clerk Reviewed for Administration: Approved as to form & execution: anager Pi� City Attorney