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HomeMy WebLinkAboutResolution Central City Local Government Corporation (CCLGC) FWCCLGC-2019-01RESOLUTION NO. FWCCLGC-2019-01 CENTRAL CITY LOCAL GOVERNMENT CORPORATION RESOLUTION OF THE BOARD OF DIRECTORS Authorizing Outside Audits of the Corporation's Financial Accounts by CohnReznick LLP or an Affiliate and Authorizing the Execution of Agreement with CohnReznick LLP WHEREAS, Central City Local Government Corporation (the "Corporation") was organized in 2005 for the purpose of aiding, assisting, and acting on behalf of the City of Fort Worth, Texas (the "City") in the exercise of its powers to accomplish any governmental purpose of the City and in the promotion of the common good and general welfare of the City, 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 expenditures of up to $10,900.00 to pay for the outside audit of the Central City Local Government Corporation financial accounts by CohnReznick LLP or an affiliate and authorize the execution of any related agreements; and NOW, THEREFORE, BE IT RESOLVED the Board of Directors hereby authorizes President of the Corporation to execute on behalf of the Corporation an agreement with CohnReznick 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; FURTHER RESOLVED, that this Resolution shall take effect immediately upon its adoption; and FURTHER RESOLVED, that the Secretary or any Assistant Secretary of the Authority is hereby authorized and directed to certify the adoption of this Resolution. Adopted this 20th day of August2019. ATTEST: r By. Mary Kays poor to Secretary