HomeMy WebLinkAboutRES 1987-04 - Board RESOLUTION NO. 8704
�► OF THE
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
DESIGNATING AUDITORS FOR THE
1986 TAX YEAR - WATER DEPARTMENT
WHEREAS, the Board of Directors of the Truckee Donner Public Utility
District desires to retain Arthur Andersen and Company to perform the
examination of the financial statements of the District's Water Department
for the year ending December 31 , 1986;
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Truckee
Donner Public Utility District as follows:
1. Arthur Andersen & Company is hereby authorized to serve as independent
public accountants for the performance of an examination of the financial
statements of the District's Water Department for the year ending December
31 , 1986.
2. The charges for Arthur Andersen & Company's services shall be made at
their regular per diem rates plus out-of-pocket expenses , and shall not
exceed $7 ,000.
3. The services provided by Arthur Andersen & Company shall include , but
not be limited to, the following:
A) Examination of the balance sheat at December 31 , 1986, and the
related statements of net revenue and changes in financial
position for the year then ende9 in accordance with generally
accepted auditing standards, including such tests of the
accounting records and such other auditing procedures as are
necessary in order to express an opinion of the financial
statements.
B) Review and evaluation of the existing system of internal
accounting control to provide a basis for reliance thereon in
determining the nature, timing and extent of selective audit tests
to be applied to recorded transactions and data for certain
periods of the year.
PASSED AND ADOPTED by the Board of Directors of the Truckee Donner Public
Utility District at a regular meeting of the Board held within the District
on the 19th day of January, 1987 by the following roll call vote:
AYES: Hamilton, Maass, Sutton and Corbett.
NOES: None.
ABSENT: Cooley.
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
By
n L. Corbett, President
ATTEST: ,/,�
Susan M. Craig, Deputy Di ict Clerk