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®IA MOP lYWYERSLla' <br />Grgfie[l I'u6lir :leraunlarrt+ Gmvjltartl.< <br />3201 FAeu-ltrauc <br />Suitv;'5l1 <br />Edina, 31V 5543[, <br />Management, Honorable Mayor, and City Council <br />City of Centerville <br />Centerville, Minnesota <br />July 31, 2013 <br />We appreciate the opportunity to work with you and the staff at the City of Centerville (the City) over the past years to conduct <br />your annual financial audits. This has been a successful working relationship because we have spent a great deal of time <br />understanding how your City operates and you have a good understanding of how we complete our audit. As a result, we have <br />been able to achieve a process that is mutually beneficial and efficient to both parties. <br />We also understand that because of the very challenging economic conditions, cities are expected to do more with less. As a <br />result, we are prepared to waive our normal annual increase for the next year, and offer the City of Centerville a three year <br />extension of our services, with increases of three percent in 2014 and 2015. This will allow us to continue a relationship that has <br />provided both parties with outstanding results. <br />Our fee for these services will be as follows: <br />Audit <br />2013 $26,000 <br />2014 26,750 <br />2015 27,500 <br />The above fees are based on anticipated cooperation from your personnel and the assumption that unexpected circumstances will <br />not be encountered during the audit. If significant additional time is necessary, we will discuss it with you and arrive at a new fee <br />estimate before we incur the additional costs. Other factors that may affect the above fees would be if a Single Audit were <br />required. <br />952.1335.9090 1 Fax 952,835.3261 <br />n wX.arraepas.com <br />95 <br />