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<br />~ <br /> <br />r <br />ATrACHMENT TO RESOLUTION <br /> <br />AGREEMENT FOR AUDITING/ACCOUNTING SERVICES <br /> <br />This agreement by and between the CITY OF NEW BRIGHTON, MINNESOTA <br /> <br />hereinafter referred to as the "City", and the accounting firm of VOTO, TAUTGES, <br /> <br />REDPATH & CO" LTD., hereinafter referred to as the "Auditors", WITNESSETH: <br /> <br />In consideration of their mutual covenants and agreements as hereinafter <br /> <br />set forth, the parties hereto contract and agree as follows: <br /> <br />I. <br /> <br />The Auditors agree to perform an audit of the financial statements and <br /> <br />transactions of the City for the year ended December 31, 1986. Such audit and <br /> <br />examination shall be made in accordance with generally accepted auditing standards <br /> <br />and the minimum audit procedures prescribed by the Minnesota State Auditor pur- <br /> <br />suant to the provisions of M.S.A., Chapter 6. such audit and examination will <br /> <br />include tests of the accounting records and such other audit procedures as are <br /> <br />considered necessary to enable the Auditors to render an opinion on the fairness <br /> <br />of the City's financial statements. It is not contemplated that the audit will be <br /> <br />a detailed examination of all transactions nor that the audit will necessarily <br /> <br />discover mis-conduct, should any exist. The Auditors will, however, promptly <br /> <br />inform the City of any findings which appear unusual or abnormal. <br /> <br />II. <br /> <br />The Auditor's report and management comments shall be addressed to the City <br /> <br />Council. Such management comments shall contain specific disclosure and recommen- <br /> <br />dations with regard to the following: <br /> <br />(a) Non-conformity with policy and procedures prescribed by Council <br />Action, State Statutes, and/or Federal Rules and Regulations. <br /> <br />(b) Non-conformity to generally accepted governmental accounting <br />principles. <br />