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SMDA approves McGrath audit agreement, postpones second audit item and approves minutes

South Manvel Development Authority · October 16, 2024
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Summary

The South Manvel Development Authority approved an auditing contract with McGrath & Company PLLC, voted to postpone consideration of an engagement with Belt Harris Pachesic LLP (to allow correction of firm naming to Crowe LLP), and approved meeting minutes before adjourning.

During the meeting the board considered two items related to auditing services. For agenda item D, the board voted to approve an agreement for auditing services with McGrath and Company PLLC. The motion passed unanimously, 4–0.

On agenda item E, members discussed whether the authority requires a separate audit engagement or whether audit work should be included with the city’s audit. Board members also noted a firm‑name issue: the vendor listed in the agenda packet is no longer operating under the same name and should be reflected as Crowe LLP. To allow staff time to secure a corrected engagement letter and confirm the proper firm name, the board voted to postpone consideration of the Belt Harris Pachesic LLP item until the next meeting. That postponement was approved unanimously, 4–0.

The board then approved meeting minutes to date and adjourned by unanimous vote. No members of the public spoke during the public‑comment period.

The board gave staff direction to finalize the McGrath engagement and to return the corrected engagement letter and item regarding Crowe LLP at the next meeting.