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June'
June 15, 1989
MISCELLANEOUS RESOLUTION 89143
BY: FINANCE COMMITTEE, DR. G. WILLIAM CADEETL, CHAIRPERSON
IN RE: AWARD OF CONTRACT FOR 1989, 1990, AND 1991 AUDITS
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Mt. Chairperson, Ladies and Gentlemen:
WHEREAS the County has adopted the practice of hiring independent
public accounting firms to audit the County's financial reports and
WHEREAS the Audit Committee has reviewed proposals submitted by
various firms; and
WHEREAS the consensus of the Audit Committee is to recommend the firm
of Peat Marwick Main & Co. to perform the audits for the years 1989, 1990
and 1991 at an annual cost of $157,250 for a total of $471,750; and
WHEREAS the County wishes to provide the capacity for special projects
by the selected firm or other firms to do in-depth studies or reviews
including operational audits; and
WHEREAS the Audit Committee wishes to formalize meetings with the
audit firm for directing, reporting and review purposes.
NOW THEREFORE BE IT RESOLVED the firm of Peat Marwick Main & Co. be
awarded an audit contract for the years 1989, 1990 and 1991 in the amount
of $157,250 per year for a total of $471,750.
BE IT FURTHER RESOLVED that $30,000 be appropriated for each of the
audit years with said funds to be expended at the specific direction of
the Audit Committee or in absence of such direction at the direction of
the Finance Committee.
BE IT FURTHER RESOLVED that the auditors meet with the Audit Committee
at least three times a year to discuss: planning of the audit, (June or
July), progress of audit and preliminary findings (November or December),
and final reports and conclusion of the audit (April or May).
Mr. Chairperson, on behalf of the Finance Committee, I move the
adoption of the foregoing resolution.
FINANCE COMMITTEE
8911 June 15, 1989 RESOLUTION #
Moved by Caddell supported by Pappageorge the resolution be adopted,
AYES: Oaks, Olsen, Pappageorge, Pernick, Price, Rewold, Skarritt, Wolf,
Aaron, Bishop, Caddell, Calandra, Chester, Crake, Ferrens, Gosling, Hobart,
Jensen, Johnson, R. Kuhn, S. Kuhn, Law, Luxon, McConnell, McCulloch, McPherson,
Moffitt. (27)
NAYS: none. (0)
A sufficient majority having voted therefor, the resolution was adopted.
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I, Lynn D. Allen, Clerk of the County of Oakland and having a seal, do
hereby certify that I have compared the annexed copy of the attached resolution,
adopted by the Oakland County Board of Commissioners at their regular meeting
held on June 15 , 19 89 with the original record thereof now remaining
on file in my office, and that it is a true and correct transcript therefrom,
and of the whole thereof.
In Testimony Whereof, I have hereunto set my hand and affixed the seal
of said County at Pontiac,Michigan this 15th day of June , 1989
LYNX D. ALLEN, County Clerk
Register of Deeds
Deputy Clerk