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HomeMy WebLinkAboutCC RESO 12,399RESOLUTION NO. 12,399 RESOLUTION RETAINING CARROLL & PENDLETON, ASSOCIATES AS AUDITORS FOR THE CITY OF NATIONAL CITY BE IT RESOLVED by the City Council of the City of National City that Carroll & Pendleton, Associates is employed as auditors for the City of National City under the terms and conditions outlined in their letter of employ- ment dated June 1, 1977, a copy of which is attached hereto and incorporated herein as though set forth in full. PASSED AND ADOPTED this 5th day of July, 1977. ATTEST: Res. No. IZ,399 &RIROLL & Pff1DLETOfl, fI55OCIflTES CERTIFIED PUBLIC ACCOUNTANTS W. T. CARROLL, C. R A. D. L. PENDLETON, C. P A. June 1, 1977 The Honorable Mayor and City Council City of National City National City, California 92050 Gentlemen: 1756 ORANGE AVENUE COSTA MESA. Cfl LIFOQOIA 92627 AREA CODE 714 646- 4428 MEMBERS AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS MEMBERS CALIFORNIA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS We are pleased to submit a proposal for an annual audit of the records of your City for the period July 1, 1977 through June 30, 1980. This is to include the audit report for the fiscal year ended June 30, 1978 and for subsequent years. Our audit will be made on a selective test basis in accordance with pro- fessionally recognized and nationally accepted principles of municipal auditing standards. We will be available for consultation on accounting and fiscal problems during the audit and coming months of the fiscal years. Our fee will be based on the customary per diem rates and barring the discovery of fraud, will not exceed $5,200 for the year ended June 30, 1978 and no more than 5% additionally each year unless new projects are implemented which will be negotiated separately. This fee contemplates more or less monthly visits to keep us abreast of current developments. If monthly visits are not desired, our fee will be reduced $300. Please indicate, if the latter is requested. In the event of the discovery of irregularities, we would report immediately to the City Council and make arrangements for any additional detailed checking which might be indicated in the circumstances. We will make unannounced cash counts and observe interim audit procedures during the year, and consequently request permission to submit progress billings. This agreement may be cancelled by either party on ninety days written notice. Very truly yours, CARROLL & PENDLETON, ASSOCIATES Partne dma Accepted The City of National City BY / /t' Current References City of Chula Vista City of El Cajon City of Coronado City of Del Mar City of Imperial Beach City of La Mesa