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HomeMy WebLinkAboutRES 1978-57 - Board RESOLUTION NO. 7857 OF TRUCKEE DONNER PUBLIC UTILITY DISTRICT DESIGNATING ARTHUR ANDERSEN & CO. AS AUDITORS FOR THE 1978 TAX YEAR WHEREAS, at the Regular Meeting of November 6, 197831 P. Gregory Conlon of Arthur Andersen '& Co. made a presentation to the Board of Directors re- garding auditing services for 1978; and WHEREAS, the Board desires to retain Arthur Andersen & Co. to perform the examination of the financial statements of the District for the year ending December 31 , 1978; NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Truckee Donner Public Utility District as follows: I . Arthur Andersen & Co. shall be the independent public accountants for the 1978 audit. In connection there- with, C. Gregory Conlon, C.P.A. , shall be the engage- ment partner, and Richard J . Blumenfeld, C.P.A. , shall be the engagement manager. 2. The charges for the services shall be made at their regular per diem rates plus out-of-pocket expenses, with a maximum sum of $9,000.00. 3. The services shall include but not be limited to the following: (a) Review and evaluate the existing system of books and records; (b) An examination of the balance sheet at December 31 , r. 1978, and the related statements of net revenue and changes in financial position; (c) Assist and/or advise District' s employees in in- ventory procedures; (d) Test count the inventory; (e) Attend a workshop session with the Board of Directors prior to finalization of the audit; (f) Present the final audit at a Reg u l a r Board Mee t i ng when the public is in attendance; and (g) Assist and advise the bookkeeper in matters relating to the keeping of District records. 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 with"In the District on the 20th day of November, 1978, by the following roll call vote: AYES: Hatch Huber Kuttel Sutton Maass NOES: None ABSENT: None TRUCKEE DONNER PUBLIC UTILITY DISTRICT By J es A. Maass, President A ES A. M* Vton Seymour Clerk thereof 0 LIN I