HomeMy WebLinkAbout2000-02-16 Audit Committee MinutesMINUTES OF AUDIT COMMITTEE MEETING ON February 16, 2000
Treasurer's Office, Town Hall 7:00 p.m.
Present: Carol Grimm, chairman, Catherine Martin, Camille Anthony, Pete Dahl,
Fred Van Magness, and staff members Richard Foley and Beth Klepeis
The Audit Committee voted unanimously to accept the bid of Peat Marwick to
perform audits for the Town of Reading as follows:
Fiscal Year
2000
2001
2002
Amount Bid
$40,500
42,250
44,250
The only other bid which the Town received was from Deloitte & Touche as
follows:
Fiscal Year
2000
2001
2002
Amount Bid
$59,360
61,730
64,200
The Town has been satisfied with the work done by Peat Marwick in the past,
and since the only other bid was significantly higher, the Committee had little
discussion in selecting Peat Marwick to continue as the Town's audit for the next
three years.
The meeting adjourned at 7:30 p.m.
Respectfully submitted,
Eliza eth %W.Wepeislain"ance Director