HomeMy WebLinkAbout7010RESOLUTION NO. 7010
A RESOLUTION EXTENDING THE TERM OF THE
PROFESSIONAL SERVICE AGREEMENT BETWEEN THE
CITY OF PUEBLO, A MUNICIPAL CORPORATION,
AND McDONALD, HOLLIGAN & MCPHERSON, INC.,
CERTIFIED PUBLIC ACCOUNTANTS
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1•
The Agreement between the City of Pueblo, a Municipal Corporation,
and McDonald, Holligan & McPherson, Inc., Certified Public Accountants
for the rendering of professional accounting services to the City of
Pueblo dated October 16, 1989, a copy of which is on file in the City
Clerk's Office, having been approved as to form by the City Attorney, is
hereby extended to expire December 31, 1992.
SECTION 2•
The extended agreement shall be amended to include the following
addendums:
a) McDonald, Holligan & McPherson, Inc. agree that the maximum fee
for the 1992 audit of the financial statements and preparation
of the Comprehensive Annual Financial Report (CAFR) and all
additional work necessary to comply with the Single Audit Act of
1984 shall not exceed $65,000.00.
b) McDonald, Holligan & McPherson, Inc. agree to an hourly rate of
$85.00 for all additional reports required to comply with the
provisions of Amendment #1 - Taxpayers' Bill of Rights (TABOR)
should it be approved by voters in the November 3, 1992 General
Election. These charges will be limited to time spend on the
TABOR Amendment and its consequences. Separate time - keeping
records will be maintained for work performed in regard to the
TABOR Amendment.
SECTION 3:
This Resolution shall become effective upon final passage.
INTRODUCED September 28 , 1992
BY JOYCE LAWRENCE
Councilperson
ATTEST: APPROVED:
a
City Clerk Presi nt of the Council