CC Resolution 12512RESOLUTION NO. 12512
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL
APPROVING SPECIFICATIONS FOR AND AUTHORIZING ISSUANCE OF REQUEST FOR
PROPOSALS (RFP) FOR FINANCIAL AUDIT SERVICES FOR FISCAL YEARS ENDING
JUNE 30, 2020 THROUGH JUNE 30, 2022 WITH AN OPTION FOR A TWO-YEAR
EXTENSION THROUGH THE ADUIT FOR FISCAL YEAR ENDING JUNE 30, 2024
WHEREAS, the City's financial policies require an annual financial audit; and
WHEREAS, the City's contract with the current audit firm expired with the completion of the
audit for the Fiscal Year ending June 30, 2017 and was extended for two additional years to
the audit for the Fiscal Year ending June 30, 2019; and
WHEREAS, City financial policy requires a request for proposals (RFP) for Professional Audit
Services Required be issued every five years; and
WHEREAS, the current financial policy which would allow an incumbent audit firm to serve a
maximum of two consecutive five year terms, and
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Campbell
authorizes the Finance Director is authorized to issue a Request for Proposal for Financial
Audit Services; and
BE IT FURTHER RESOLVED that that the Finance Director and Finance Sub -Committee
will review the proposals and make a recommendation to the City Council.
PASSED AND ADOPTED this 5t" day of November, 2019 by the following roll call vote:
AYES: Councilmembers: Resnikoff, Bybee, Gibbons, Landry, Waterman
NOES: Councilmembers: None
ABSENT: Councilmembers: None
APPR ED-
i
Rich rd M. Waterman, Mayor
ATTEST:
Wendy Vood, City Clerk