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Res 2623 9/16/1980RESOLUTION NO. RESOLUTION APPROVING CONTRACT FOR AUDIT SERVICES WITH ERNST & WHINNEY. BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS, TEXAS, THAT: That certain contract, a copy of which is attached hereto, between the City of Wichita Falls and Ernst & Whinney, for audit services for fiscal year 1979-1980, is hereby approved, and the City Manager is authorized to execute the same for the City of Wichita Falls. PASSED AND APPROVED this the 16th day of September, 1980. A Y O R ATTEST: City Cler CONTRACT FOR AUDIT SERVICES This agreement made and entered into the 16th day of September, 1980, by and between the City of Wichita Falls, Texas, and Ernst & Whinney, WITNESSETH: For and in consideration of the mutual agreements herein contained the parties• hereto do hereby agree as follows: Ernst & Whinney shall perform the annual audit of the City of Wichita Falls for the fiscal year 1979-1980, in accordance with their proposal to the City dated December 31, 1979. City shall pay to Ernst & Whinney for such services on the basis of the hours spent in the performance of such services at the hourly rates set out in such proposal; however, the total paid shall not exceed the sum of $44, 665, which includes travel expense. However, additional payment over and above such total shall be paid by the City for additional work requested by the City or for additional audit work required due to incomplete or inaccurate records of the City, in which event the City would be notified immediately of the additional work needed and the reasons for it. IN WITNESS WHEREOF, the parties hereto have executed this contract as of the day and year first set out above.