81-81 Contract for auditor & accounting consultant

Home Browse Search

ORDINANCE NO. 81-81 BY: Brown, Chinnock, Gallagher, Graham, McBride, Salmon, Wendling AN EMERGENCY ORDINANCE authorizing the Mayor to execute a contract retain- ing Ernst & Whinney to perform as an independent auditor and accounting consult- ants for the City of Lakewood, Ohio. WHEREAS, the Director of Finance had solicited proposals from accounting firms to provide an independent audit and consultations for the City of Lakewood, and WHEREAS, the Director of Finance and the Finance Committee feel that an independent audit will be less costly, more fiscally accountable and creditable, and WHEREAS, an independent audit will comply with the concept of full dis- closure and further comply with the desires of independent bond agencies, and WHEREAS, the proposal from Ernst & Whinney was the lowest and best re- ceived, and WHEREAS, the Finance Committee has recommended the proposal from Ernst & Whinney; now, therefore, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF LAKEWOOD, STATE OF OHIO: Section 1. That the Mayor be and he is hereby authorized and directed to execute a contract (in a form substantally similar to the proposal attached to this ordinance as Exhibit A) engaging the firm of Ernst & Whinney as independent auditors and acting consultants to provide pro- fessional accounting services to the City as an independent contractor. Section 2. That to pay for the services and exp~nses of Ernst & Whinney there is hereby appropriated sufficient amounts from the funds to be audited. Section 3. The Contract authorized by Section 1 of this Ordinance shall be approved as to form and correctness by the City's Director of Law. The City's Director of Finance is hereby directed to execute an approp- riate certificate as to the availability of funds to pay Ernest & Whinney for its services rendered under such Contract~ Section 4. It is hereby found and determined that all formal actions of this Council concerning and relating to the passage of this ordinance were adopted in an open meeting of this Council, and that all deliberations of this Council and of any of its committee that resulted in such formal actions, were in meetings open to the public in compliance with all legal requirements including the City's Charter and Codified Ordinances and Section 121.22 of the Ohio Revised Code. Section 5. This ordinance is hereby declared to be an emergency measure for the reasons stated in the preamble hereof and provided it receives the affirmative vote of two-thirds of all members elected to Cnuncil, it shall take effect and be in force immediately upon its adoption and approval by the Mayor; otherwise, it shall take effect and be in force after the earliest period allowed by law.~ ~ Approved: