Audit 02-18-2010 •
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City of Cupertino
Audit Committee
Special Meeting
February 18, 2010
1. CALL TO ORDER
At 4:08 p.m. David Woo called the meeting to order at Cupertino City Hall, 10300
Torre Avenue, Conference Room A, Cupertino.
2. ROLL CALL
Community Members Present: Myoung Kang, Stan Stemkoski, Garrett Wade
City Staff Present: David Woo
Council Present: Barry Chang, Mark Santoro
3. APPROVAL OF MINUTES
Wade moved to approve the minutes of the regular meeting of January 21, 2010.
Kang seconded and the motion passed unanimously.
4. ORAL COMMUNICATIONS
None.
5. WRITTEN COMMUNICATIONS
None.
6. NEW BUSINESS
A. Receive Ad Hoc Committee Recommendation for Audit Firm
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Woo updated the Committee on the interview process. He indicated that city
staff was comfortable going with a new firm. The Ad Hoc committee noted
that Macias, Gini, and O'Donnell had several large firms and is very well
prepared technically.
Santoro moved to recommend that the City execute a contract with Macias,
Gini, and O'Donnell for financial auditing services. Stemkoski seconded and
motion passed unanimously.
B. Treasurer's Investment Report and Budget Adjustments
Woo updated the committee on the Treasurer's Report.
7. OTHER COMMITTEE UPDATES/REPORTS
None.
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8. ADJOURNMENT
The meeting was adjourned at 4:18 p.m.
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Dorothy Steott
Recording Secretary