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HomeMy WebLinkAboutRES 1985-22 - Board 137 RESOLUTION NO. 85 22 OF THE �., TRUCKLE DONNER PUBLIC UTILITY DISTRICT DESIGNATING AUDITORS FOR THE 1985 TAX YEAR - WATER DEPARTMENT WHEREAS, the Board of Directors fo 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, 1985; NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Truckee Donner Public Utility District as follows: 1. Arthur Andersen b 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, 1985. 2. The charges for Arthur Andersen 6 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 6 Company shall include, but not be limited to, the following: a) Examination of the balance sheet at December 31, 1985, and the related statemeuts of net revenue and changes in financial position for the year then ended 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 of Directors held within the District on the 1st day of July 1985. by the following roll call vote: AYES: Cooley, Corbett, Hamilton and Duffy. NOES: None. ABSENT: Maass. TRUCKEE DONNER PUBLIC UTILITY DISTRICT By L. rti.i f . President ATTEST: Susan Ford, Deputy District Clerk