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<br />TI--IL STATE OF 'TEXAS X <br /> <br />CONTRACT FOP.. AUDI'I SEPVICES <br /> <br />CUuNTY OF HAYS <br /> <br />x <br /> <br />KNOtv ALL LImN BY THESE P PESENTS : <br /> <br />That the City of San Harcos, Hays County, Texas, a. <br /> <br />murlcipal corpordtion existing by and under the laws of te <br /> <br />I <br /> <br />State of Texas, hereinafter referred to as "City", act ins <br /> <br />through lts Mayor, Kenneth v. Krau~ hereunto duly authori_2d <br /> <br />by Resolution 1980- <br /> <br />of the City Council of said City, <br /> <br />adopted April 28, 1980, and Harold V. Simpson and Company <br /> <br />heleinafter referred to as "Auditor", a firm doinq busineo~ c; <br /> <br />as certlfied public accountants in Austin, Texas, enter ~ =0 <br /> <br />thlS agreement for a reg~lar annual audit the prepar~tion ~I <br /> <br />a financial statement based on such audit, and other a0di -~onal <br /> <br />accountlng services to be provided to the City of Sari ~'.:lr -)5; <br /> <br />Texas j S2 id audit covering the fiscal year commenClnCj Oct~ ~)er <br /> <br />I, 1979 and ending September 30, 1980j the terms of said (.Jree- <br /> <br />ment belng as follows: <br /> <br />I 1. <br /> <br />REGLiLAR ANNUJI.L lWDIT: Auditor agrees to conduct a L ~lular <br /> <br />annual audit of the financial records and accounts of the '~l ty <br /> <br />" <br /> <br />of San Marcos, Texas. <br /> <br />It is expressly agreed that said a.all <br /> <br />shall include the books and accounts of each and every dt;;. I r ~~- <br /> <br />mellt of said City for the fiscal year endinq September 30 1980. <br /> <br />II. <br /> <br />COIvlPENSATION FOR REGULAR ANNUAL AUDIT: The City aar, ~s to <br /> <br />compensate the Auditor for said annual audit in an amount _lot <br /> <br />to exceed Fifteen Thousand and No/IOO Dollars ($15,000.00' I said <br /> <br />amount being billed on a pro-rata basis beginning after 0_ _ober <br /> <br />I <br /> <br />1, 1980 and completed pI" or to January 31, 1981 with the Lnal <br /> <br />billing to occur on receipt by the City of the final comp ~te <br /> <br />annual audit document. Auditor shall request payment in ._e <br /> <br />form and manner prescribed by City and payment shall be a,--~ord- <br /> <br />ing to the attached Exhibit A which sets out hourly rates _or <br /> <br />sald service. <br />