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HomeMy WebLinkAboutOrdinance Book 18, Page 712, No Resolution Number712 1 A RESOLUTION SELECTING AND DESIGNATING FRERMAN AND SMILEY, CERTIFIED PUBLIC ACCOUNTANTS OF PADUCAII, KENTUCKY, TO AUDIT THE RECORDS OF THE ELECTRIC PLANT BOARD OF THE CITY OF PADUCAII, KENTUCKY, FROM JULY 1, 1974 TO JUNE 30, 1975 WHEREAS, KRS 96.840 provides that an audit of the records of the Electric Plant Board shall be made annually by an auditor selected by the Legislative Body of the City, and that the expense of said audit shall constitute an operating expense of the Electric Plant Board, and WHEREAS, by Resolution adopted by the Electric Plant Board on October 23, 1974, said Board recommended to the Board of Commissioners of the City of Paducah that Frerman and Smiley, Certified Public Accountants, be appointed to make an audit of the Electric Plant Board's records from July 1, 1974 to June 30, 1975. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That Frerman and Smiley, Certified Public Accountants of Paducah, Kentucky, are hereby selected and designated to audit the records of the Electric Plant Board of the City of Paducah as provided by KRS 96.840 and that the expense of such audit shall constitute an operating expense of said Board. SECTION 2. The compensation for such audit shall be based upon the standard fees of Certified Public Accountants, however, the total cost of same shall not exceed the sum of $3,500.00. SECTION 3. That the Clerk of this Board forward a certified copy of this resolution to the. Superintendent of the Paducah Power System and to the Chairman of 1! the Electric Plant P.oard of the City of Paducah. SECTION 4. This resolution shall be in full force and effect from and after its adoption. Mayor Passed by the Board of Commissioners Octoher 29, 1974 Recorded by Sarah Thurman, City Clerk, October 29, 1974.