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HomeMy WebLinkAboutRES 1984-74 - Board 161 RESOLUTION No. 84 74 OF THE TRUCKEE DONNER PUBLIC UTILITY DISTRICT DESIGNATING AUDITORS FOR THE 1984 TAX YEAR ELECTRIC DEPARTMENT WHEREAS, the Board of Directors of the Truckee Donner Public Utility District desires to retain Arthur Andersen and Company to perform the ex- amination of the financial statements of the District's Electric Depart- ment for the year ending December 31, 1984; 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 Dis- trict's Electric Department for the year ending December 31, 1984. 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, 1983, and the related statements of net revenue and changes in financial position for the year then ended in ac- cordance 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 state- %&"woo went s. b) Review and evaluation of the existing system of internal accounting control to provide a basis for reliance there- on in determining the nature, timing and extent of selec- tive 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 3rd day of December 1984, by the following roll call vote: AYES: Cooley, Corbett, Duffy, Hamilton and Maass. NOES: None. ABSTAIN: None, TRUCKEE DONNER PUBLIC UTILITY DISTRICT .�. B President tin 3 ATTEST: Susan M. Craig, Deputy Distric Clerk