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HomeMy WebLinkAbout2023-354-06.05.2023Prepared LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2023-354 RESOLUTION ACCEPTING THE PROPOSAL FOR AUDIT SERVICES FROM BERGANKDV FOR THE YEARS ENDING JUNE 30, 2023-JUNE 30, 2027 WITH OPTIONAL RENEWALS FOR THE YEARS ENDING JUNE 30, 2028, AND JUNE 30, 2029. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that the audit services proposal from BerganKDV for the years ending June 30, 2023-June 30, 2027 with optional renewals for the years ending June 30, 2028, and June 30, 2029, in the following amounts: 1) June 30, 2023- $69,900 + $5,000 ACFR preparation fee + $3,000-5,000 per major single audit program 2) June 30, 2024- $73,400 + $5,250 ACFR preparation fee + $3,000-5,000 per major single audit program 3) June 30, 2025- $77,000 + $5,550 ACFR preparation fee + $3,000-5,000 per major single audit program 4) June 30, 2026- $80,900 + $5,775 ACFR preparation fee + $3,000-5,000 per major single audit program 5) June 30, 2027- $84,900 + $6,050 ACFR preparation fee + $3,000-5,000 per major single audit program Optional Year 1: June 30, 2028- $89,200 + $6,350 ACFR preparation fee + $3,000-5,000 per major single audit program Optional Year 2: June 30, 2029- $93,600 + $6,600 ACFR preparation fee + $3,000-5,000 per major single audit program With an hourly rate for consulting services if we happen to request additional special projects or consulting not included in the time allowed of $180.00/hour be and the same is hereby approved. PASSED AND ADOPTED this 5th day of June 2023. Q ,� /� / /; ,,, DIGITALLY / / SIGNED Quentin Hart, Mayor ATTEST: 7(elley FelcIile Kelley Felchle, City Clerk SEAL rrrrdb # rffr4.. oo vrsr.