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21-101 Approving an Audit Engagement Letter with the Firm Abdo Eick & Meyers LLP to Provide Financial Audit Services to the CityCITY OF SHOREWOOD COUNTY OF HENNEPIN STATE OF MINNESOTA RESOLUTION 21-101 A RESOLUTION APPROVING AN AUDIT ENGAGEMENT LETTER WITH THE FIRM ABDO EICK & MEYERS LLP TO PROVIDE FINANCIAL AUDIT SERVICES TO THE CITY WHEREAS, the City is required to receive an annual financial audit in accordance with generally accepted accounting principles; and WHEREAS, the City has received an audit engagement letter from its current auditor, Abdo Eick & Meyers LLP, detailing proposed financial audit services for the years ending December 31, 2021, 2022 and 2023. The engagement letter details the audit objective, audit procedures, and engagement -related administration, fees and other. NOW THEREFORE BE IT RESOLVED by the Shorewood City Council that: 1. The City Council hereby approves the audit engagement letter as presented and authorizes the City Administrator to sign on behalf of the City. The engagement letter is effective for the years ending December 31, 2021, 2022 and 2023. 2. Annual financial audit and reporting fees are included in the engagement letter as $32,025, $32,550, and $33,175 for 2021, 2022, and 2023, respectively. ADOPTED BY THE CITY COUNCIL OF THE CITY OF SHOREWOOD this 13T" day of September 2021. — K24 it, Je ifer Llbadie, Mayor AS,�.. Sandie Thone, City Clerk