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HomeMy WebLinkAbout98-1-5797390 ORDINANCE NO. 98-1-57q/ ��=OJJIWI / ATTEST: City Clerk Introduced and adopted by the Board of Commissioners January 27, 1998 Recorded by Lenita Smith, City C erk, January 27, 1998 Published by The Paducah Sun3{ ord / and i t 4 -r.T AN ORDINANCE ACCEPTING THE PROPOSAL OF WILLIAMS, WILLIAMS & LENTZ, LLP, CERTIFIED PUBLIC ACCOUNTANTS, TO AUDIT THE FINANCIALS OF THE PADUCAH POWER SYSTEM, AND AUTHORIZING AND DIRECTING THE MAYOR TO EXECUTE A CONTRACT FOR SAME BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the City of Paducah accepts the proposal of Williams, Williams & Lentz, LLP, Certified Public Accountants, to audit the financials of the Paducah Power System, for the sum of $27,100, for fiscal years ending June 30, 1998, June 30, 1999, and June 30, 2000; said proposal being according to the terms and conditions set forth in the proposal of Williams Williams & Lentz, LLP, dated January 26, 1998. SECTION 2. This proposal includes a comprehensive annual review of all internal control procedures for Fiscal Year ending June 30, 1998, for the sum of $3,500. The total sum for all services to be performed as set out in Sections 1 and 2 herein shall be $30,600.00. SECTION 2. The Mayor is hereby authorized to execute said contract as set out in Section 1 above. SECTION 3. This expenditure shall be paid by Paducah Power System. SECTION 4. In order to begin auditing procedures by January 28, 1998, an emergency is hereby declared to exist and this ordinance shall become effective immediately upon adoption with one reading. ��=OJJIWI / ATTEST: City Clerk Introduced and adopted by the Board of Commissioners January 27, 1998 Recorded by Lenita Smith, City C erk, January 27, 1998 Published by The Paducah Sun3{ ord / and i t 4 -r.T