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<br />MEMO <br />TO: TERRY TOWNSE D, CITY MANAGE <br />FROM: GENE ANDER ON <br />SUBJECT: ANNUAL UDIT <br /> <br />Request for proposals were mailed i July to local accounting firms a d <br />advertisement made in the Paris Ne s regarding the performance oft e <br />City's audit for the year ending Sept mber 30,2004. Attached you w 11 find <br />a copy of the bid list and thë newspa er notice. <br /> <br />Also attached is a copy of the one pr posal received from McClanah and <br />Holmes, PLLC. The estimated cost i $42,500. This is a decrease ove the <br />$48,000 paid the previous year. ;f <br /> <br />It is recommended that the proposal e accepted. <br />