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<br /> 155 <br /> RESOLUTION 1995- 21 R <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br /> MARCOS, TEXAS, TERMINATING AN AGREEMENT WITH ERNST <br /> & YOUNG FOR AUDITING SERVICES IN CONNECTION WITH <br /> THE CITY'S ANNUAL AUDIT REQUIREMENTS¡ DIRECTING THE <br /> CITY MANAGER TO EXECUTE A LETTER OF TERMINATION ON <br /> BEHALF OF THE CITY AND DECLARING AN EFFECTIVE DATE. <br /> RECITALS: <br /> l. On July l4, 1992 the City of San Marcos <br /> entered into an agreement with Ernst & Young for the <br /> provision of auditing services in connection with the City's <br /> annual audit requirements. <br /> 2. By letter agreement, the City renewed the <br /> original agreement with Ernst & Young on August 23, 1993 and <br /> on September 30, 1994 at considerably higher costs each time. <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br /> SAN MARCOS, TEXAS: <br /> PART 1. That the agreement between the City and <br /> Ernst & Young for auditing services is terminated. <br /> PART 2. That the City Manager, Larry D. Gilley, <br /> is directed to notify Ernst & Young of this termination on <br /> behalf of the City. <br /> PART 3. That this Resolution shall be in full <br /> force and effect immediately from and after its passage. <br /> ADOPTED this the 23rd day of January 1995. <br /> ~~ri~ <br /> Mayor <br /> r;¡~;JI~ <br /> Janis K. Womack <br /> City Secretary <br />