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Res 151-88 7/19/1988J RESOLUTION RESOLUTION ESTABLISHING PERIODIC MEETINGS FOR THE PURPOSE OF PRESENTING FINANCIAL INFORMATION AND PROVIDING FOR ADDITIONAL AUDIT SERVICES ON AN AS NEEDED BASIS WHEREAS, the members of the City Council are inter- ested in information on the financial status of the City organization, and WHEREAS, periodic meetings to review the financial standing of the City organization would be beneficial, and WHEREAS, there arises on occasion the need for additional services from the City's outside independent auditor to be furnished the City Council. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: The City's administrative staff will schedule quar- terly meetings to present the latest summary of the City's financial standing as illustrated in the City's current financial report and additional independent audit services can be requested by a minimum of three City Councilors. Any request for additional audit of financial information from the City's independent audit firm should be made to the City Manager for delivery to the independent auditor. PASSED AND APPROVED THIS THE 19TH DAY OF JULY, 1988. ATTEST: CIT7 CLERK MAYOR