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Council agrees to proceed with proposed three‑year audit engagement from Gibson & Company, P.A.
Summary
Administrator Lori Shore presented a letter from Monty Pendry at Gibson & Company proposing a three‑year audit engagement; council members signaled agreement and directed Administrator Shore to notify Gibson & Company of approval of the cost proposal. The minutes record direction to proceed, not a signed contract.
At the Aug. 7 meeting the Village of Tobaccoville reviewed a proposal from Gibson & Company, P.A. to provide audit services under a three‑year engagement.
Administrator Lori Shore presented a letter from Monty Pendry at Gibson & Company outlining terms of a proposed three‑year agreement. Council members indicated they were in agreement with the proposal’s terms and directed Administrator Shore to contact Gibson & Company to advise Monty Pendry of the council’s approval of the cost proposal. The minutes record the council’s direction to proceed; they do not show a formal vote on a contract or the contract’s execution date.
The three‑year arrangement, as described in the minutes, is a cost‑term proposal from the auditing firm; the council’s action at the meeting was to approve the cost proposal in principle and to authorize staff to notify the firm. The minutes do not list contract language, audit fee figures or an effective start date for the engagement.
