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HomeMy WebLinkAboutRES 1981-47 - Board RE SOL UT I ON NO 814 7 OF THE TRUCKEE DONNER PUBLIC UTILITY DISTRICT DESIGNATING ARTHUR ANDERSEN & COMPANY AS AUDITORS FOR THE 1981 TAX YEAR WHEREAS, the Board of Directors of the Truckee Donner Public Utility District desires to retain Arthur Andersen & Company to perform the ex- amination of the financial statements of the District for the year ending December 31, 1981; NOW, THEREFORE, BE IT RESOLVED by the Board of Directors as follows: 1. Arthur Andersen & Company is hereby authorized to serve as independent public accountants for the performance of an exam- ination of the financial statements of the District for the year ending December 31, 1981* 2. The charges for Arthur Andersen & Company's services shall be made at their regular per diem rates plus out-of-pocket ex- penses, and shall not exceed $18,500. 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, 1981, and the related statements of net revenue and changes in financial position for the year then end- ed 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 evaluate the existing system of in- ternal accounting control, (c) Assist and advise District staff in matters relating to the keeping of District records. (d) Present the final audit at a regular Board meeting when the public is in attendance, 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 15th day of June 1981, by the following roll call vote-, AYES: Corbett Duffy Kuttel Maass Huber NOES: None ABSENT: None TRUCKEE DONNER PUBLIC UTILITY DISTRICT ,- 41 1_ By_jf Roberta C, Huber, President ATTEST: S6,t'an M. Craig, Deputy Di ict__ Clerk