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HomeMy WebLinkAbout2018-168 (three year extension to engagement letter with ClifftonLarsonAllen for provision of financial audit services and preparation of financial statements for 2018-2020) RESOLUTION 2018-168 APPROVING THREE YEAR EXTENSION TO ENGAGEMENT LETTER WITH CLIFTON/LARSON/ALLEN FOR PROVISION OF FINANCIAL AUDIT SERVICES AND PREPARATION OF FINANCIAL STATEMENTS FOR 2018-2020 WHEREAS, the City of Stillwater is required to have an annual financial statement audit performed; and WHEREAS, the firm of CliftonLarsonAllen LLP has provided annual financial audit services for the City of Stillwater from 2012-2017; and WHEREAS,CliftonLarsonAllen LLP has proposed a three year extension engagement letter for provision of financial services and preparation of financial statements for 2018- 2020 as attached to this resolution; and WHEREAS, due to pending transitions within the City Finance Department, staff recommends that it is in the best interest of the City for stability and continuity to retain CliftonLarsonAllen for 2018-2020 to provide financial audit services and financial statement preparation NOW THEREFORE BE IT RESOLVED, by the City Council of Stillwater, Minnesota, that the City approves a three year extension to the engagement letter with CliftonLarsonAllen LLP for the provision of financial audit services and preparation of financial statements for 2018-2020 at a cost of $39,700 in 2018, $39,700 in 2019 and $40,400 in 2020. BE IT FURTHER RESOLVED that the Stillwater City Council authorizes the Mayor and City Clerk to sign the letter of engagement. Adopted by the City Council of the City of Stillwater this 31 s t day of July, 2018. Ted Kozlowski, Mayor ATTEST: Diane F.Ward, City Clerk