HomeMy WebLinkAboutRES 1985-23 - Board 135
RESOLUTION NO. 8523
OF THE
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
DESIGNATING AUDITORS FOR THE
1985 TAX YEAR - ELECTRIC 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
Electric 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 & Company is hereby authorized to serve as
independent public accountants for the performance of an examination of
the financial statements of the District's Electric Department for the
year ending December 31, 1985.
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 $13,000.
3. The services provided by Arthur Andersen & Company shall
include, but not be limited to, the following:
a) Examination of the balance sheet at December 31, 1985, and
the related statements 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. 'M in D ffy, President
ATTEST:
Susan Ford, Deputy District Clerk