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HomeMy WebLinkAbout01-33 RESOLUTION 01-33 JTION APPROVING THE FIRM OF ABDO, EICK AND MEYERS LLP TO PERFORM THE CITY'S FINANCIAL AUDITS FOR FISCAL YEARS 2001 AND 2002 Motion By: ZIESKA Second By: PETERSEN WHEREAS, the certified public accountant firm of Abdo, Eick and Meyers LLP has been instrumental in improving the administrative controls of the City's financial operation; and WHEREAS, the City of Prior Lake has determined that continued accounting assistance will be important because of the national implementation requirement of GASB Statement 34 that will require new accounting formats and the capital cost preparation of major road infrastructure; and WHEREAS, the financial reports of the City of Prior Lake's fiscal condition has resulted in an unqualified opinion for the past three years; and WHEREAS, the proposed annual cost for such audit services over the next two years is determined to be reasonable and cost effective. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA that: 1. The City of Prior Lake hereby exercises its option to engage Abdo, Eick and Meyers LLP to perform the audit services for the following years and cost: ~i~'~i '~i' ~ General Audit Fee Fire Relief Assn. Audit Fee 2002 $11,700.00 $1,660.00 2. The Mayor and City Manager are authorized to execute the agreement on behalf of the City. PASSED AND ADOPTED THIS 2ND DAY OF APRIL, 2001. YES NO Mader X Mader Ericson Absent Ericson Absent Gundlach X Gundlach Petersen X Petersen Zieska X Zieska Mana e Cit r Lake City ' ~,~ 16200 Ea~tle Creek Ave. S.E., ?rior kake, Minnesota ,55372-1714 / ?h. (9,52) 447-4230 / Fax (952) 447-4245 AN EQUAL OPPORTUNITY EH?LOYER