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HomeMy WebLinkAboutORD 1135 (1994) ORDINANCE NO. 1135 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY 3 OF TUSTIN, CALIFORNIA, RELATING TO AN ANNUAL INDEPENDENT AUDIT 4 s The City Council of the City of Tustin, California, hereby ordains as follows: 6 7 Section 1. Purpose s The purpose of this Ordinance is to memorialize the City's practice of having an audit prepared each year by an independent 9 auditor and to require that proposals from potential auditors be solicited at least every five (5) years. 10 Section 2. 11 Part 3 is hereby added to Chapter 6 of Article 1 of the Tustin 12 City Code to read as follows: 13 PART 3 AUDIT 14 163 1 ANNUAL INDEPENDENT AUDIT 15 Each fiscal year the Finance Director shall cause to be prepared by an independent auditor, an audit of the 16 financial statements, books, records and accounts of the previous fiscal year. 17 1632 REQUESTS FOR PROPOSALS Requests for proposals for independent auditors, ~9 excluding the current auditor, shall be solicited at least every five (5) years. Requests for proposals and 20 the selection of the independent auditor shall follow guidelines developed by the Audit Committee and such 2~ other criteria as may be recommended from time to time by the Finance Director. 22 Section 3. Severability. 23 If any sentence, clause, phrase, or portion of this Ordinance, 24 is for any reason held to be invalid or unconstitutional by the decision of any court of competent jurisdiction, such decision ~ shall not affect the validity of the remaining portions of this Ordinance. The City Council of the City of Tustin hereby declare 26 that they would have adopted this Ordinance, and each section, subsection, subdivision, sentence, clause, phrase, or portion 27 thereof, irrespective of the fact that any one or more sections, subsections, subdivisions, sentences, clauses, phrases, or portions 2s thereof be declared invalid or unconstitutional. City of Tustin ORDINANCE CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF TUSTIN ) ORDINANCE NO. 1135 Mary E. Wynn, City Clerk and ex-officio Clerk of the City Council of the City of Tustin, California, does hereby certify that the whole number of the members of the City Council of the City of Tustin is five; that the above and foregoing Ordinance No. 1129 was introduced at a regular meeting of the City Council held on Auqust 1, 1994 and was passed and adopted at a regular meeting of the City Council held on Auqust 15, 1994, by the following vote: COUNCILMEMBER AYES: Saltarelli, Potts, Doyle, Thomas, Worley COUNCILMEMBER NOES: None COUNCILMEMBER ABSTAINED: None COUNCILMEMBER ABSENT: None Mary E.~ynn, ~ty Clerk Ordinance No. 1135 Page 2 2 PASSED AND ADOPTED, at a regular meeting ~y Council for the City of Tustin on this 15th day of August, 1994. , 1994. 4 THOMAS R. SA~T~R~.Y.~I, Mayor 6 ATTEST: 7 9 ]0 ~) ]2 ]3 ]4 ]5 ~6 ]7 ]9 20 2] 22 24 26 27