HomeMy WebLinkAboutCity of Tamarac Resolution R-73-103This Resolution was introduced
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CITY OF TAMARAC, FLORIDA
RESOLUTION NO. �1":> -t)
A RESOLUTION APPROVING AGREEMENT
BETWEEN THE CITY OF TAMARAC AND
WILLIAM McK. GIBSON, JR. REGARDING
AUDIT OF THE CITY'S ACCOUNTING
RECORDS
WHEREAS, the City is desirous of having the City
Auditor, William McK. Gibson, Jr., prepare a certified
audit of the books of the City of Tamarac and fixing his
compensation therefor,
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE
CITY OF TAMARAC, FLORIDA:
SECTION l: That the compensation to be paid to
William McK. Gibson, Jr., for the preparation of the cer-
tified audit shall be Five Thousand Dollars ($S,000.00).
SECTION 2: That the City Council hereby approves
the terms of the Agreement, a copy of which is attached
hereto and made a part hereof, and directs the Mayor and
the City Clerk to execute said Agreement on behalf of the
City of Tamarac.
ATTEST:
PASSED, ADOPTED AND APPROVED this`` day of
1973.
AY R
T Y CLERK
Mayor Sell.-ilian
V;ce P.1ayor Lange
Courjcili-na7
CoLjrjc;iiman Socl<er
H C-,, CEiM Y t;ot ► have
app WL ad c0rrectriess
t
CITY ATTORNEY
M
Df'RFFTRF'NT
AGREEMENT made this day of�
1973, between. CITY OF TAMARAC, a municipal corporation
under the laws of the State of Florida, hereinafter re-
ferred to as "City", and WILLIAM McK. GIBSON, JR., of 2366
West Oakland Park Boulevard, Fort Lauderdale, Florida,
hereinafter referred to as "Auditor".
WITNESSETH:
WHEREAS, the City is desirious of having an audit
of the City's accounting records prepared by an independent
certified public accountant, and
WHEREAS, Auditor is a licensed and qualified cer-
tified public accountant wholly independent of the City of
Tamarac.
IT IS, THEREFORE, agreed as follows:
1. Auditor agrees to perform an audit of the books
of the City of Tamarac in accordance with accounting proce-
dures customary in audits of municipal corporations in Broward
County, Florida.
2. City agrees to pay Auditor a fixed compensation
of Five Thousand Dollars ($5,000.00).
3. The City Finance Department will prepare the
following accounting schedules:
(a) General fund schedules:
Bank reconciliations
Miscellaneous receivables
Franchise fee receivables
Notes receivable
Fire protection receivable
Accounts payable detail
Contracts payable
Franchise fees payable
Accrued taxes payable
Fire protection assessment payable
Policy arrest bonds
Escrowed performance bonds
Escrowed permits and inspection fees
Fund balance
Working trial balance
Detail of certificates of deposit
NSF checks
Df'RFFTRF'NT
AGREEMENT made this day of�
1973, between. CITY OF TAMARAC, a municipal corporation
under the laws of the State of Florida, hereinafter re-
ferred to as "City", and WILLIAM McK. GIBSON, JR., of 2366
West Oakland Park Boulevard, Fort Lauderdale, Florida,
hereinafter referred to as "Auditor".
WITNESSETH:
WHEREAS, the City is desirious of having an audit
of the City's accounting records prepared by an independent
certified public accountant, and
WHEREAS, Auditor is a licensed and qualified cer-
tified public accountant wholly independent of the City of
Tamarac.
IT IS, THEREFORE, agreed as follows:
1. Auditor agrees to perform an audit of the books
of the City of Tamarac in accordance with accounting proce-
dures customary in audits of municipal corporations in Broward
County, Florida.
2. City agrees to pay Auditor a fixed compensation
of Five Thousand Dollars ($5,000.00).
3. The City Finance Department will prepare the
following accounting schedules:
(a) General fund schedules:
Bank reconciliations
Miscellaneous receivables
Franchise fee receivables
Notes receivable
Fire protection receivable
Accounts payable detail
Contracts payable
Franchise fees payable
Accrued taxes payable
Fire protection assessment payable
Policy arrest bonds
Escrowed performance bonds
Escrowed permits and inspection fees
Fund balance
Working trial balance
Detail of certificates of deposit
NSF checks
(b) General fixed assets:
Schedule of all additions by
category and funding
Cc) Special revenue fund:
Fund balance
Breakdown of revenue by category
(d) Maintenance fund:
Bank reconciliations
Detail of certificates of deposit
Accounts payable
Fund balance
(e) Lease fund:
Bank reconciliations
Detail of certificates of deposit
Changes in leases payable accounts
Fund balances
(f) Utility fund:
Bank reconciliations
Detail of certificates of deposit
Accounts receivable
Fixed asset additions
Schedule of depreciation
Accounts payable - current and prior year
Customer deposits
Retained earnings
(g) Miscellaneous:
City officials and terms, as applicable
Budget changes
Revenues by source
Expenditures by function
4. In addition to preparation of these specific
schedules, the City agrees to provide City Finance Department
employees to pull specific invoices,prepare proofs of cash,
and provide other assistance to the Auditor as requested,
with the limitation that City employees will perform no
part in the preparation and final verification of audit
figures.
S. Auditor agrees to complete said audit not later
than six (6) weeks from receipt of the last required schedule
to be furnished as provided in paragraph 3 above. In the
event that an unforeseen problem arises and additional audit
time is required, then in that event Auditor agrees that said
extension shall be for a reasonable time only, as determined
by customary accounting procedure.
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6. The auditor's fee shall be paid as follows:
$1000 on October 1 1973 as and being a
retainer fee.
$500 upon delivery of the accounting schedules
prepared by the City.
The balance upon delivery to the City of 10
(ten) copies of the certified audit.
7. Time is of the essence.
8. This contract shall not become effective until
executed by the Mayor and City Clerk of the City after
approval by resolution of the City Council and approval as
to form by the City Attorney.
IN WITNESS WHEREOF the parties have executed this
Agreement the date and year first above written.
CITY OF TAMARAC, FLORIDA
By
ayor
ATTEST;
City Jerk.
F
WITNESS: ;�j ( .
WILLIAM McK. GIBSON, JR.
that I have approved
th o m o his Agreement.
City Attorney
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