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HomeMy WebLinkAboutResolution AllianceAirport Authority (AAA) AAA-2017-03 RESOLUTION NO. AAA-2017-03 ALLIANCEAIRPORT AUTHORITY,INC. RESOLUTION OF THE BOARD OF DIRECTORS Authorizing Execution of Agreement with Weaver and Tidwell,LLP for Independent Auditing Services Related to the Corporation's Financial Accounts at a Cost Not to Exceed $12,400.00 WHEREAS, AllianceAirport Authority, Inc. (the "Corporation") is an industrial development corporation created in 1989 to benefit the City of Fort Worth("City"), to promote and develop new and expanded business enterprises in the City, to promote and encourage employment, and otherwise to benefit the public welfare in accordance with the Development Corporation Act of 1979,as amended; and WHEREAS, the Corporation and its assets are deemed to be component units of the City; and WHEREAS, The Corporation and the City wish for an independent auditor to audit the Corporations' financial accounts; WHEREAS,members of the Board of Directors wish to allow for the expenditure of up to $12,400.00 to pay for outside audit of the Corporation's financial accounts by Weaver & Tidwell, LLP or an affiliate and authorize the execution of any related agreements. NOW, THEREFORE, BE IT RESOLVED by the Corporation's Board of Directors that: 1. The Board of Directors hereby authorizes President of the Corporation to execute on behalf of the Corporation an agreement with Weaver and Tidwell, LLP for independent auditing services related to the Corporation's financial accounts and any related agreements or other contracts necessary to secure such outside auditing services, all at a cost not to exceed $12,400.00; and 2. The Corporation's Secretary is authorized and directed to certify adoption of this Resolution. Adopted this 151h day of August 2017. ATTEST: By: Mary J. KaAfr, o to Secretary