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HomeMy WebLinkAbout2010-003 Audit ServicesCity of Gem Lake, MN Resolution No_ 20 1:0 — 03 A. RESOLUTION AUTHORIZING AUDIT SERVICES FOR THE YEAR, ENDING 2009 .AND PAYMENT FOR. THE SERVICES. WHEREAS, The City of Gera Lake maintains financial records, W IEREAS, The City of Gem Lake desires that these records be audited for the year ending 2009 by a Certified Public Accounting firm, BE IT RESOLVED, that the City Treasurer has recommended that the Accounting Firm of Larson Allen LLP perform this audit at the cost of $9,800 and that the City Treasurer and City Mayor be authorized to sign all necessary agreements to accomplish this audit. THEREUPON, the above resolution was adopted at the January I9, 2010.regular City Council Meeting for the City of Gem Lake, Ramsey County Minnesota, made by Council Member Rasmussen and seconded by Council Member Lindner. ATTEST 1, William Short, the duly qualified City Clerk of the City of Gem Lake, County of Ramsey, State ofMinnesota, do hereby certify that the foregoing resolution is a true and accurate representation of action taken by the City Council of the City of Gem Lake on the date first written. illiam Short,. City Clerk Date MEMORANDUM fate; January 1.9, 2010 To: Gem Lake City Council From: Jessie Hart, Treasurer Re: Audit Services for the Year Ended December 31, 2009 LarsonAfien@ LLP submitted a proposal in 2007.for the audit of the City's financial records for the years 2007 — .2011 which provided alkin clusive maximum prices for each of the years. The proposal to perform the audit of the City's financial records for the year ending December 31, 2009 is $9,800, which is consistent with the original proposal. Past audit services have cost the City as follows: Audit Year Cost 2009 $ 90800 2008 $ 9,500 2007 $ 12,500 The finance staff, as in the past, will provide all possible information and schedules so. that the audit costs will be minimized where possible. Staff was comfortable with the audit services last year and has had along relationship with the audit.firm through White Bear Township. l recommend accepting their proposal to perform audit services of the City's.financial records for the period ending December 31, 2009 at an all-inclusive price of $9,800 and authorize the Mayor to sign the engagement letter.