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HomeMy WebLinkAboutRESOLUTION 1977-64----.~---__ __ ----- v , -~-7- --- -- ~ _ ~ .. --~ CITY OF KENAI RESOLUTION NO. 77-64 A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, ACKNOWLEDGING RECEIPT OF PROPOSALS FOR THE FISCAL YEAR 1876-77 ANNUAL AUDIT OF THE CITY'S FINANCIAL RF,CORDS AND AUTHORIZING THE F.NGAGEMF,NT OF PEAT, MARWICK, MITCHELL & CA. FOR THAT AUDIT. WHEREAS, the Council requested audit proposals from four national accounting Sans for the annual audit of the City's financial records, which audit is required by City Charter and State Statute, and WHEREAS, proposals were received from all four accounting Sans. NOW, THEREFORE. BE IT RESOLVED by the Council of the City of Kenai, as follows: Section 1: The Council hereby acknowledges receipt of proposals for the Sscal year 1976-77 annual audit by Price, Waterhouse & Co.; Peat, Marwick, Mitchell & Co.; Coopers & Lybrand; and Arthur Young & Company, Certified Public Accountants. Section 2: After review and careful consideration, the Council deems it in the best interest of the City to engage Peat, Marwick, Mitchell 8 Co. Section 3: The Council hereby engages Peat, Marwick, Mitchell ~ Co. to perform the Fiscal Year 1976-77 audit of the City of Kenai's financial records as set forth in their proposal dated April 1, 1977, in the amount of i~18.500 including out of pocket expenses. PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 4th day of May, 1977. AMES A . ELSON , MAYOR ATTEST: ~~ 3 C. Peter, City Clerk L ._ !h