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HomeMy WebLinkAboutRes. 21-079Kffflffo� A Resolution Approving an Audit Services Agreement Between the City of Brookings, South Dakota and Eide Bailly LLP Whereas, the City of Brookings has completed a Request for Proposals process to obtain competitive proposals for annual independent financial audit services for years 2021, 2022 and 2023;and Whereas, Bergan KDV, BKD CPAs and Advisors, Clifton La rsonAllen, Eide Bailly, and Wholenberg, Ritzman & Co. submitted proposals in response to the Request for Proposals for annual independent financial audit services; and Whereas, the City of Brookings established a Request for Proposal procedure which included a Selection Committee to evaluate firms offering to provide annual independent financial audit services; and Whereas, following the consideration of written responses and presentations, the Selection Committee recommends that the City engage Eide Bailly LLP to provide annual independent financial audit services; and '131'hereas, Eide Bailly LLP is engaged, among other areas of expertise, in the business of providing local government independent financial audit services, and currently provides annual independent financial audit services for Brookings Municipal Utilities and Brookings Health System; and Whereas the City desires to engage Eide Bailly LLP and Eide Bailly LLP desires to accept the engagement, to provide annual independent financial audit services for the City of Brookings pursuant to the terms and conditions set forth in the Engagement Letter; and Whereas, the City and Eide Bailly LLP intend to work in mutual accord in order to ensure accuracy and transparency in the preparation of the City's Annual Comprehensive Financial Reports, thereby enhancing the public's trust in the City's fiscal policies and financial management practices. Now, Therefore, It Is Hereby Resolved by the City Council of the City of Brookings, South Dakota: a. That an Engagement Letter between the City of Brookings, South Dakota and Eide Bailly LLP is hereby approved; and b. The City Manager is authorized to sign the Engagement Letter after it is executed by Eide Bailly LLP.