HomeMy WebLinkAboutResolution No. 08-067
CITY OF THE COLONY, TEXA1S
RESOLUTION NO. 08- Of.t
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF THE
COLONY, TEXAS, APPROVING AMENDMENT NO. 2 TO THE
CONSUL TING CONTRACT BY AND BETWEEN THE CITY OF THE
COLONY AND WEAVER & TIDWELL, L.L.P. FOR AUDITING
SERVICES, WHICH IS ATTACHED HERETO AND INCORPORATED
HEREIN AS EXHIBIT "A"; AUTHORIZING THE CITY MANAGER TO
EXECUTE AMENDMENT NO. 2 TO THE CONTRACT; AND
PROVIDING AN EFFECTIVE DATE
WHEREAS, on or about July 11, 2005, the City entered into a Consulting Contract with
Weaver & Tidwell, L.L.P., for the purposes of providing auditing services to the City; and
WHEREAS, pursuant to Section V., Term of the Contract, the City desires to extend the
Contract for another year; and
WHEREAS, Section IV., Payment, of the Contract provides a set fee for the first year
and provides for potential amendments to the amounts for subsequent years; and
WHEREAS, Weaver & Tidwell, L.L.P. has submitted to the City an amendment for the
fee for the Fiscal Year 2007-2008; and
WHEREAS, the City Council has determined it to be in the best interest of the City to
approve Amendment No.2 to the Consulting Contract, which is attached hereto and incorporated
herein as Exhibit "A" and to authorize the City Manger to execute the same.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF THE COLONY, TEXAS THAT:
Section 1. The City Council hereby approve Amendment No. 2 to the Consulting
Contract dated July 11,2005, by and between the City of Colony, Texas, and Weaver & Tidwell,
L.L.P., for auditing services, which is attached hereto and incorporated herein as Exhibit "A";
and, the City Manager is hereby authorized to execute the same.
Section 2. This Resolution shall become effective immediately from and after its
passage, as the law and charter in such cases provides.
PASSED, APPROVED and EFFECTIVE this 21 st day of July. 2008.
hn Dillard, Mayor
ity of The Colony, Texas
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Chnstie Wilson, CIty Sec etary,
City of The Colony, Texas
Robert E. Hager, Ci~
City of The Colony xas
(REH/cdb 07/20/07)
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STATE OF TEXAS
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AMENDMENT NO.2 TO THE
CONSUL TING CONTRACT
COUNTY OF DENTON
This Amendment No. 2 to the Consulting Contract, by and between the City of The
Colony, Texas ("City"), and Weaver and Tidwell, L.L.P. ("Auditor") (collectively referred to as
the "Parties").
RECITALS:
WHEREAS, the Parties have previously entered into a Consulting Contract, dated July
11, 2005, for the purposes of Auditor providing the City with auditing services; and
WHEREAS, in accordance with Section V., Term of the Contract, the Parties desire to
extend Contract for a one year term; and
WHEREAS, the Parties desire to amend such Contract by amending Section IV.,
Payment, to provide for the payment to the Auditor in the amount of Eighty Two Thousand
Dollars ($~.' .(00).
NOW THEREFORE THE PARTIES do hereby agree to amend the Contract as
fo II ovvs:
Sedioo 1. That Section IV, Payment, of the Con:-;ulting Contract dated July 11,2005, be,
and the same is, hereby amended to read as follows:
"IV. PAYMENT
The CITY shall pay to AUDITOR a SLIm not to exceed Eighty Two
Thousand dollars ($82,000) for the services including expenses for the
year 2007 - 2008. AUDITOR shall bill CITY on a monthly basis for
services rendered, based upon percentage of work completed. CITY shall
make prompt monthly payments in the amount shown by the
AUDITOR'S approved monthly statements and other documentation
submitted. No interest shall ever be due on late payments. Within 30 days
after the final completion and acceptance by the CITY of all work under
this Contract, as amended, final payment shall be paid. "
Section 2. That the rest and remainder of the Original Consulting contract which was
entered into on the 11 th day of July, 2005, is republished and ratified, except as amended herein.
City of The Colony, Texas:
Weaver & Tidwell, L.L.P.
By:
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Dale Cheatham, City Manager
City uf The Colony
6800 Main Street
The Colony, TX 75056
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Amendment No.1 to Consulting Contract
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