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HomeMy WebLinkAboutPR 19201: ADDITIONAL FUNDING FOR THE INDEPENDENT AUDIT FOR THE CITY OF PORT ARTHUR PERFORMED BY WHITLEY PENN, LLP. P. R. NO. 19201 JWD: 10/15/15 RESOLUTION NO. A RESOLUTION AUTHORIZING FUNDING FOR THE INDEPENDENT AUDIT FOR THE CITY OF PORT ARTHUR PERFORMED BY WHITLEY PENN, LLP, IN AN AMOUNT OF $35,000.00 AND ADDITIONAL CONSULTING SERVICES IN THE AMOUNT OF $27,450.00. FINANCE DEPARTMENT NO. 001-1031-515.54-00 WHEREAS, pursuant to Res. 15-133, the City of Port Arthur executed a Letter of Engagement with Whitley Penn, LLP for an independent audit of all accounts of the City and the Port Arthur Economic Development Corporation; and, WHEREAS, the contract cost was $94,775; and, WHEREAS, due to unexpected circumstances, $35,000.00 is needed to cover the cost of the audit; and, WHEREAS, an additional $27,450.00 is needed to cover the cost of additional consulting services. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR: Section 1. That the facts and opinions in the preamble are true and correct. Section 2. That the City Manager of the City of Port Arthur is hereby authorized and directed to provide the supplement funding of $35,000.00 for the independent audit of the City and Port Arthur Economic Development Corporation and an additional $27,450.00 for consulting services. Section 3. That the Interim Director of Finance and the City Manager shall take such steps as to amend the budget or to obtain reimbursement of the excess costs from the City of Port Arthur Section 4A Economic Development Corporation. Section 4. That Whitely Penn, LLP will sign this resolution agreeing to the terms herein. Section 5. That a copy of the caption of this Resolution be spread upon the Minutes of the City Council. READ, ADOPTED,AND APPROVED, this day of , 2015, AD, at a Regular Meeting of the City Council of the City of Port Arthur, Texas by the following vote: AYES: Mayor: Councilmembers: NOES: Mayor ATTEST: Sherri Bellard, City Secretary APPROVED AS TO FORM: Val Tizeno, City Attorne APPROVED FOR ADMINISTRATION: Brian McDougal, City Manager Az444,4e- 4d611,..4%, einalA pretwene Jerry W. Dale, Interim Finance Director AGREED TO: Whitley Penn, LLP * Funding contingent on a budget amendment or funds to be reimbursed from EDC.