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HomeMy WebLinkAbout7286RESOLUTION NO. 7286 A RESOLUTION APPROVING ADDENDUM NO. 1 TO THE AGREEMENT BETWEEN PUEBLO, A MUNICIPAL CORPORA- TION AND McDONALD, HOLLIGAN & McPHERSON, INC. RELATING TO PROFESSIONAL ACCOUNTING SERVICES BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. Addendum No. 1 to the Agreement between Pueblo, a municipal corporation and McDonald, Holligan & McPherson, Inc. relating to professional accounting services dated December 27, 1993, a copy of which is attached hereto, having been approved as to form by the City Attorney, is approved. The President of the City Council is authorized to execute and deliver Addendum No. 1 in the name of the City, and the City Clerk is authorized and directed to affix the seal of the City thereto and attest same. SECTION 2. This Resolution shall become effective upon final passage. INTRODUCED: December 27, 1993 ATTEST: Cl i y Clerk By JOHN CALIFANO Councilperson APPROVED: KA;�v e La4�_ President of the City Council TJ 71.24 ADDENDUM NO. 1 THIS ADDENDUM NO. 1 entered into this 27th day of December, 1993 between Pueblo, a municipal corporation (the "City ") and McDonald, Holligan and McPherson, Inc. ( "Accountants "), WITNESSETH: WHEREAS, City and Accountants entered into an Agreement dated October 16, 1989 for the performance of certain professional accounting services (the "Agreement "), and WHEREAS, the Agreement was extended to cover the calendar year ending December 31, 1992, and WHEREAS, City and Accountants desire to extend the Agreement for the calendar year ending December 31, 1993 upon the terms and conditions herein set forth; NOW, THEREFORE, City and Accountants agree as follows: 1. Accountants shall perform all examinations and services and render all reports set forth and described in the Agreement with respect to the City's calendar year ending December 31, 1993. 2. Accountants' maximum fee, including all out -of- pocket expenses for services described in paragraph 1 shall not exceed $69,400. 3. In addition to the services described in paragraph 1, Accountants' hourly rate for all meetings, consultations and other time requirements necessary and expended by Accountants at the request of City's Director of Finance in assisting the City in its compliance with Amendment 1 (Tabor Amendment) shall be $85.00 per hour. 4. The Agreement as amended by this Addendum No. 1 shall remain in full force and effect and shall be binding upon and inure to the benefit of the City and Accountants and their respective successors. Executed at Pueblo, Colorado the day and year first above written. [SEAL] PUEBLO, A MUNICIPAL CORPORATION ATTEST: BY C y Clerk Pre 'dent of the City Council [SEAL] McDONALD, HOLLIGAN & McPHERSON, INC. ATTEST: B Secretary , � u�C -Presi nt 3 cc � u_L4`'Lo MY COMMISSION EXPiRES — •• `