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HomeMy WebLinkAboutCity of Tamarac Resolution R-99-118Temp. Reso. #8593 April 20, 1999 Page 1 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-99 -// f A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA, RECEIVING THE COMPREHENSIVE ANNUAL FINANCIAL REPORT, AUDITORS' REPORTS AND UNQUALIFIED OPINION, PREPARED BY MADSEN, SAPP, MENA, RODRIGUEZ & CO., FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1998; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, Section 7.09 of the Charter of the City of Tamarac provides for an independent annual audit of all City accounts by a certified public accountant or firm; and WHEREAS, the firm of Madsen, Sapp, Mena, Rodriguez & Co. has conducted an independent annual audit of all City accounts pursuant to the Charter; and WHEREAS, the Comprehensive Annual Financial Report for Fiscal Year 1998 contains an unqualified opinion from the City's auditors, Madsen, Sapp, Mena, Rodriguez & Co.; and WHEREAS, the unqualified opinion means that the general purpose financial statements present fairly, in all material respects, the financial position of the City as of September 30, 1998, and the results of its operations and the changes in financial positions of its proprietary and similar trust fund types for the year ended, in conformity with generally accepted accounting principles; and J r] 1 Temp. Reso. #8593 April 20, 1999 Page 2 WHEREAS, the City Commission of the City of Tamarac, Florida, deems it to be in the best interest of the citizens and residents of the City of Tamarac to receive the Comprehensive Annual Financial Report for the year ended September 30, 1998. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: The foregoing "WHEREAS" clauses are hereby ratified and confirmed as being true and correct and is hereby made a specific part of this Resolution. SECTION 2: The Comprehensive Annual Financial Report including the Auditors' Reports and an unqualified opinion by Madsen, Sapp, Mena, Rodriguez and Co., for the Fiscal Year ended September 30, 1998 is hereby received by the City Commission. SECTION 3: All resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. SECTION 4: If any clause, section, other part or application of this Resolution is held by any court of competent jurisdiction to be unconstitutional or invalid, in part or application, it shall not affect the validity of the remaining portions or applications of this Resolution. 1-j Temp. Reso. #8593 April 20, 1999 Page 3 SECTION 5: This Resolution shall become effective immediately upon its passage and adoption. PASSED, ADOPTED AND APPROVED this �� day of 1 1999. w. lcnz.. J E SCHREIBER, MAYOFT ATTEST: CAROL GOLD, C /AAE I F EREPT CERTIFY that I have prov thisASSOWTION as r- RECORD OF COMMISSION MAYOR_,,,SCHREIBER MIST !: �iIAM,. PORTNER� DW2: v �,,�A MISHKIN ,( CO.W SULTANOF , DIET 4; COMM. AMPATR i TE