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HomeMy WebLinkAboutRESOLUTIONS-1977-056-R-77• 9/23/77 56-R-77 A RESOLUTION Authorizing The Community Development Grant Block Financial Audit Contract With Veatch, Rich & Nadler WHEREAS, the Congress of the United States did pass the Housing and Community Development Act of 1974, which is known as Public Law 93-383; and WHEREAS, Title I of this Act makes block grants available for cer- tain housing and community development activities; and WHEREAS, the City of Evanston is an "entitlement city" by definition • of said Act, and as such, is eligible for said funds; and WHEREAS, the Evanston City Council, with the passage of City Resolutions ll-R-75 and 9-R-76 did approve applications for Community Develop- ment Block Grant entitlement funds and did designate the City Manager as the City's authorized representative; and WHEREAS, the City's applications were approved by the U.S. Depart- ment of Housing and Urban Development, and said applications contained assurances of compliance with federal regulations for said program; and WHEREAS, Chapter 24, Part 570.509 of Community Development Block Grant Regulations does require that the City maintain a financial management system which shall provide for a financial and compliance audit, in accordance 0• with the guidelines prescribed by HUD in Handbook IG 6505.2, Audit Guide and Standards for Community Development Block Grant Recipients, and said audit shall be scheduled not less than once every two years; and E 0 • 56-R-77 WHEREAS, the Housing and Community Development Committee has re- ceived a proposal for an audit submitted by the firm of Veatch, Rich & Nadler for a financial and compliance audit for a fee not to exceed ONE THOUSAND DOLLARS ($1,000.00), and finds said proposal in compliance with the federal requirements: NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Evanston hereby approves said proposal and authorizes the City Manager to enter into a contract with the firm of Veatch, Rich & Nadler to provide the financial and compliance audit for the 1975-76 and 1976-77 Community Develop- ment Block Grant Program and that the fee for said service shall not exceed ONE THOUSAND DOLLARS ($1,000.00) and shall be expended from Community Development Block Grant funds, unspecified local option account. ATTEST City Clerk Adopted: 1977 -2-