HomeMy WebLinkAboutO-2004-2776
e ORDINANCE NO. ~t>DtJ,~7~
AN ORDINANCE APPROVING AND AUTHORIZING AN AGREEMENT BETWEEN THE CITY
OF LA PORTE AND NULL-LAIRSON, P.C., CERTIFIED PUBLIC ACCOUNTANTS, TO AUDIT
THE CITY'S GENERAL - PURPOSE FINANCIAL STATEMENTS FOR THE FISCAL YEAR
ENDING SEPTEMBER 30,2004, MAKING VARIOUS FINDINGS AND PROVISIONS RELATING
TO THE SUBJECT, FINDING COMP.LINANCE WITH THE OPEN MEETINGS LAW, AND
PRIVIDING AN EFFECTIVE DATE HEREOF.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE:
SECTION 1. The City Council hereby approves and authorizes the contract, agreement, or other
undertaking described in the title of this ordinance, in substantially the fonn as shown in the document which
is attached hereto and incorporated herein by this reference. The city manager is hereby authorized to
execute such document and all related documents on behalf of the City of La Porte. The City Secretary is
hereby authorized to attest to all such signatures and to affix the seal of the City to all such documents.
SECTION 2. The City Council officially finds, determines, recites, and declares that a sufficient written
notice of the date, posted at a place subject of this meeting of the City Council was posted at a place
convenient to the public at the city hall of the city for the time required by law preceding this meeting, as
required by the open meeting law, Chapter 551, Texas Government code; and that this meeting has been open
to the public as required by law at all times during which this ordinance and the subject matter thereof has
been discussed, considered and fonnally acted upon. The City Council further ratifies, approves and
confIrmS such written notice and the contents and posting thereof.
SECTION 3. This Ordinance shall be effective from and after its passage and approval, and it is so
ordered.
PASSED AND APPROVED TillS THE 8i~AY OF ~ 2004.
CITY OF LA PORTE
By: ~p~
Alton Porter, Mayor
ATTEST:
By:Lft) ());/-fiL ;iutI
Martha Gillett,
City Secretary
APPROVED:
BY-It- ~ t-f fLt...:" ~ ~ 7. ~
Knox Askins, ATT,.-J. ~ ~ .
Assistant City Attorney
REQ.ST FOR CITY COUNCIL AcA-DA ITEM
Agenda Date Requested: September 13. 2004
~~
Requested By: Mil'hael Dolby, A~d Finanl'e Direl'tn( .. /
Appropriation
Source of Funds: 001,016, & 039
Department: FI~ A ~CE .
Account Number: 5001 - Audit
Report:
Resolution:
Ordinance:
xx
Amount Budgeted: $64,000
Amount Requested: $56,000
Exhibits: Contract
Budgeted Item: YES NO
Exhibits:
Exhibits:
SUMMARY & RECOMMENDATION
The finance office is requesting to enter into a one year contract with Null-Lairson to perform the
September 2004 year- end audit. Null- Lairson has over 25 years of audit experience and offers
unrivaled stability and continuity to the City of La Porte. They have been our auditors in the past and
based on performance and experience, we believe they will do an excellent job.
The City appreciates the size of the firm, and the qualifications and availability of professional personnel
assigned to our audit. They are recognized nationally for their expertise in GASB 34, which is in our
second year of implementation. Their reference checks verified our interpretation of their abilities and
provided a record of quality audit work, as well as expertise with the HTE computer systems. Staff
believes the firm is well qualified to perform the financial audit of the City.
The audit fee proposed by Null- Lairson is $56,000 dollars. This amount is slightly less than what we paid
in the past year. We did ask for the firm to provide a quote for the preparation of the financial statements
and received a price of $8,000 for 2004. At this time, we are reserving the right to execute that option at
a later date. There is $64,000 budgeted in the 2004-2005 Budget for Auditing Services.
At this time, staff recommends we proceed with a one-year engagement with Null- Lairson for financial
auditing services to the City of La Porte.
Action Required bv Council:
Approve Ordinance authorizing agreement with Null Lairson for auditing services for a one- year period
(September 30, 2004)
Date
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