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<br />THE STATE OF TEXAS <br /> 123 <br /> CONTRACT FOR AUDIT SERVICES <br />COUNTY OF HAYS <br />KNOW ALL PERSONS BY THESE PRESENTS: <br /> That the City of San Marcos, Hays County, Texas, a municipal <br />corporation existing by and under the laws of the State of Texas, <br />hereinafter referred to as " City", acting through its Mayor, Enunie <br />Craddock, hereunto duly authorized by a resolution of the City Council <br />of said City, adopted July 22 , 1985, and Harold V. <br />Simpson & Company, hereinafter referred to as "Auditor", a firm doing <br />business as certified public accountants in Austin, Texas, enter into <br />this agreemen-t for a regular annual audit, the preparation of a <br />financial statement based on such audit, and other additional <br />accounting services to be provided to the City of San Marcos, Texas; <br />said audit covering the fiscal year commencing October 1, 1984 and <br />ending September 30, 1985; the terms of said agreement being as <br />follows: <br /> 1. <br /> REGULAR ANNUAL AUDIT: Auditor agrees to conduct a regular annual <br />audit of the financial records and accounts of the City of San Marcos, <br />Texas. It is expressly agreed that said audit shall include the books <br />and accounts of each and every department of said City for the fiscal <br />year ending September 30, 1985. <br /> II. <br /> COMPENSATION FOR REGULAR M~NUAL AUDIT: The City agrees to <br />compensate the Auditor for said annual audit in an amount not to exceed <br />Twenty-Two Thousand and No/100 Dollars ($22,000.00), said amount being <br />billed as work is completed from and after July 15, 1985, and said work <br />shall be completed prior to January 31, 1986, with the final billing to <br />occur on receipt by the City of the final, complete annual audit <br />document. Auditor shall request payment in the form and manner <br />prescribed by City and payment shall be according to the attached <br />Exhibit A which sets out hourly rates for said service. <br />