Agenda - 05-16-2006-5i - Laserfiche WebLink

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'lire Audimr s6ni1 file wish the Lami Government Commission two topics o! the mpon aC nudi; including one mpy of We fedemi Dam CvlkNOn Farm, lies federal single audit is conducted. In addNlan, lithe Nonit Gmlim DIHce of the Sink Audimr designates certain progams m he vudikd a mvjvrproSmms, v one page mmomund document nod o rtpmsmmUon leucr addressed m the Smte Audisorahvll be mbmined Io Um Local Government Comm¢sion.. Two copies of We mpon of nadir should be eu6missed lithe nadir is performed only undcrihe pmvisiaa of the Sense Single Audit [mplemmmrian A4 ar n frnmcini audit is mquirtd m 6e perfawcd in necardnnce with Gnvernmrnt Anditine Smndmds. Otherwise, one copy shv116e m6mioed Copla of l6c mpon shall 6e fried rvith me Lace Govenment Commission wlkn [or pdor so) suhmining Um invoice for the serviw tendered. All mpia o[ the mpon submined must fie bound Tim rtport ofnudis, ns Ned with the Secmmry of she Loral Govwmens Cammissivn, buama o mono of puhlic record for irupa(ion and mvicw in Use offices a! the SrarGnry by any Inkmskd parties. Any subsequent envisions to s6ac reports mat 6e sent to the Semcmry of the Loal Government Commiuson These nudikd finwdvl sintemats nen used in the prepamdon of DHicial Skmmenu for debt a(fedng; by munielpol band mdng services, and m fulfill secondary market disclasum mquienmenls of the Saudtia and Exchange Cvmmiuivn l2 Should cimunsWnaa dudoscd 6y Use audit mil fur o mom derailed invatiLmdan by We Audhor Umn naesmry undo ordinary rirtamstanas, she Audimr s6ali infvnn she Governing Hoard in svddng of the need for such addidonnl invasigvUon and the addhionvl compeavdan enquired thucfvm Upon appmval6y Uen Sattmry ofthe Lore) Government Commission, this ngenemen[ may be ended ar changed m Include the inmeaed Ume vndlm mmpcaosion a envy 6e agrad upon by the Governing HooN and the Auditor. 13. If an appmved eanw4 nods m 6c varied ar changed for any reason, the dmngc man be redumd m tvdling, signed by both pvNes, pttvudild if neersvry, and suhmitled to the 6euclary of the Lvmi Gavrnvnen! Commission tor;nppmwl. Nn chance Id, Nhenever the Auditor uses m engagement Icner with Um elirn; Lkm IS may be completed 6y rcfercncing the engagement 14kr vnd amchin6 o mpY of the engagement kva to Um cvnwG to incorpomie Um engagement 141LI into the mnlmrl In eae of canllim hetwem die temrs v[ Urt engagement lever and the terms of Ods cvntme4 the Iemts of this evnlm4 will eonwi. Engagement 141er terms arc decmrd m be void unless We eunlii4ing krms of Utis eonwd arc spaigmlly deleted in Item 21 of Wu contend. EngUgement IGters evnlnining indemnifimtioo douses will not he appmved by the Lval Government Cammiuivn. I6, Thcm oen no spedd pmvisiva aeepe See attached engagement letter, t6, A sepamm wntract c vu d n 6e mode for each divlsian tv be audited or mpon l0 6e submined. A separate mnuad mat 6e ueeuWl for ach mmpvnent unit which is o lomi government and far which v sepnmk audit rcpad is load. 17. Thn evovnet should 6e executed vnd submilkd in tdolirnrc m Um Sememry of the Lomi Government Commission, 3S Nudh Salisbury 6tttet, Rale{gh, NvrW Corolinv Z76g1-13g6. 10. Upon approval, the original mnWd will be rcrusned m We Gavemmenml Unit. v copy will be forwarded Iv she Audimq and a mpy mmiaed by she Secenmry of We Lnml Govemmem Cammiuion The nud't should not he sinned hefvrc the commd j6 E41 m!' :~ 19. 'them me oo aihu agecmenk between the parties h4eiv vnd nv otbu vgwnmts rcla6ve herein mat simli he en(ottahle unless minted torn In vavNmsa wish Urc pmcedurc set out hernia and appmved by the Hraemry of the Loral Government Commission, 2g, lfdds audit engogementanalsubjeetm Gnvemment AUditine SmndnNS, Uun lkm5shn11 be l'vtedanddeled pmvislvn in Item 21. An explvnadun must be given furdeledng Wis provision ZI. Ali vF the above pamLmtphs vin undcrssavd vnd shell apply so this ngtamen; uapt the tviivwing numbed pamgmplu shell 6e ddemd: (sea Item 14,) N/A ey (Pleae type m pdnl mmc and '! e Cherry, Seknert & Holland, I.L.P. (Please type orpdnt name) (Sigmanvc ofvuthadsd audit firm enpmsenmdve) n..,_ bf ~ (. ~ J L Appmvrd by IM Scvvkry of the Lnmi Gvvemmms CommUsion m pmvidcd in Aside 3, CWpia 154 of the Gmeml gt4wa m Aside 3i. Pon 3, Clvpkr I ISC a! the GmaalSmkks For the Seeemry, Lvmi Gwcmmens Commiuion (Signvmm) Dine (Signmum of Mnmror Chnimemon vfgmxming board} Dy (Clm'vpam vfAuditCOarvum (Plot ryp: vrpdnt mmc) (Hignnnue ofAudil Cammilsc CTmigrmon) Dntc (Ifsmit dots rut hove vn audit mvvnitue, this scdlvu should be muted "N/h.') Tds inswmmi lus ban prcvudikd in she manna mgvimd by The Lvml Guvcrtrtncm audSes and FsrW Cunwl An yr by nc~ 6chovi Oudc4 vnd Fiscal Cumml A4. Guvammmui Unll Flnmee Omar(Plase type arpdm nvmc) (Sigmture) ~a (Prenudil CufPale must be doled.)