HomeMy WebLinkAboutR-85-0665J-85-574
6/20/85
RESOLUTION NO.
A RESOLUTION ALLOCATING AN AMOUNT NOT TO
EXCEED $15,000 FROM SPECIAL PROGRAMS AND
ACCOUNTS, QUALITY OF LIFE ACCOUNT, TO COVER
THE USE FEE FOR MIAMI MARINE STADIUM ON
JULY 4, 13, AND 20, 1985 BY THE SUMMER POPS
CONCERT BOARD AS SPONSOR OF THE SUMMER POPS
CONCERT SERIES; SAID ALLOCATION BEING
CONDITIONED UPON SUBSTANTIAL COMPLIANCE WITH
ADMINISTRATIVE POLICY NO. APM 1-84, DATED
JANUARY 24, 1984, AND UPON CERTAIN OTHER
DESIGNATED CONDITIONS.
WHEREAS, the Summer Pops Concert Board has requested City
assistance in presenting the Summer Pops Concert Series; and
WHEREAS, the Summer Pops Concert Series serves as a
summertime tourist attraction and provides family -oriented
cultural entertainment for the local community and the South
Florida area;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
Section 1. An amount not to exceed $15,000 is hereby
allocated from Special Programs and Accounts, Quality of Life
Account, to cover the use fee of the Miami Marine Stadium on
July 4, 13, and 20, 1985 by the Summer Pops Concert Board as
sponsor of the Summer Pops Concert Series 1985 and to serve as a
summertime tourist attraction and provide family -oriented
cultural, entertainment for the local community and the South
Florida area.
Section 2. The herein allocation is conditioned upon
substantial compliance with City of Miami Policy No. APM-1-84,
dated January 24, 1984; further, that 100 -200 gratuitous
admission tickets for each of the above concerts be distributed
among under -privileged children by or at the direction of the
City administration with the herein allocation being directed to
be made in three equal amounts for the individual concerts.
CITY COMMISSION
MEETING OF
JUN 22019855
5
will I
�!�
i
PASSED AND ADOPTED this 20th day of June, 1985•
ATTEST:
RALPH G. ONGIE,-CITY-WERK
PREPARED AND APPROVED BY:
ROBERT F. CLARK, DEPUTY CITY ATTORNEY
APP
LUCIA A. D
RFC/rr/080
AND CORRECTNESS:
-2 -
Maurice A. Ferr_e
MAURICE A. FERRE, MAYOR
135-665..
CITY OF MIAMI. FLORIDA
INTER -OFFICE MEMORANDUM 21
TO � � FILE.
The Honorable Mayor �ayor and DATE..
Members of the City Commission
SUBJECT. Resolution Allocating Up
to $15,000 to the Summer
Pops Concert Board for
FROM• REFERENCES- Concerts at the Marine
Sergio Pereira Stadium July 4, 13 & 20,
City Manager % 1985
/ ENCLOSURES Commission Agenda Item
The Office of Stadiums recommends the
adoption of a resolution to allocate
up to $15,000 from Special Programs
and Accounts, Quality of Life Fund,
to cover the use fee for the Marine
Stadium on July 4, 13, and 20, 1985,
by the Summer Pops Concert Board as
sponsor of the 1985 Pops by the Bay
series.
The Office of Stadiums has reviewed a Special Funding Request for
assistance submitted by the Summer Pops Concert Board, which is
sponsoring a three-day Summer Pops concert series to be held July
4, 13, and 20, 1985, at the Marine Stadium. For these events, the
Office of Stadiums recommends that the Summer Pops Concert Board's
special funding request be granted for the rent only, which is the
greater of $2,500 per clay or 10% of gross ticket sales with a
maximum cap on rent of $15,000 for the three (3) days of this
series. It is recommended that all event expenses such as police,
ushers, fire marshalls, restroom attendants, security boats, box
office manager, office attendant and clean-up be paid for by the
Summer Pops Concert Board. The Office of Stadiums has discussed
this proposal for rent and event expenses with the Summer Pops
Concert Board and it is agreeable with them.
The Office of Stadiums believes there is the potential for the City
to receive about $5,000 in concession revenues from the Summer Pops
concert series.
Monies for this allocation are available from Special Programs and
Accounts, Quality of Life Fund.
/rjf
t
Zhe Miami Heralb
A KNIGHT-RIDDER NEWSPAPER
THE MIAMI HERALD PUBLISHING CO. • 1 HERALD PLAZA. MIAMI, FLORIDA 33101 • (AREA CODE 305) 350-2111
May 1, 1985
Ms. Kathy Leff
1145 NW llth St., Room 131
Miami, Florida
Dear Kathy:
Enclosed please find the following documents pertaining to the proposed
"Pops -By -The -Bay" 1985 concert series:
• A completed City of Miami Special Funding
Request Application Form
• A list of the City Services. Requested
• An itemized Expense Report per concert
• A statement of Income (Projected Revenue)
• Statements from TOUCHE ROSS & CO. (Certified
Public Accountants) dated August 24, 1984 and
March 27, 1985, which include the Greater
Miami Opera Association.
Should you require any additional information, please let me know.
Thank you for your attention and assistance in this matter.
Sincerely,
yce Myers
ublic Relations Manager
enclosures
cc: John Kosanke, Carlos Arboleya
JAM:mc
Y
E Y ,
85--66
inn
SPECIAL F1.;NDItiG REQUEST APPLIC3TI^N
Please complete this form and submit it along with the required
documentation to the Department of Community Development, 1145
N.4. lith Street, Miami, Florida 33136. If you have any
questions, call 579-6853.
Nam, e cf Event, Pro-;ect or Program: Summer Pnnc C'nncert_SPric 1985
b. Date of Event/ Act"- vi ty: Jul•r 13. 30. 1985
c. Name of Organization: Summer Pops Concert Board
:.• Name r=rscn: Carlos ^,rtil• I1 Wt - Vic,- rhn;rmnn ��_--
a . Telephone: Work: 350-7153 Home:
:tailing Address: BARNETT BANK QF SOUTH FLORID SOO Rrickell
Avenue *Miami FL 33131
II. Brief description of program/event and include the number of
people expected to participate in or attend program (attach
additional sheets 3.:: necessary):
Th �e
corce rs FeQturing fireworks and orchestra on July
nth Tex 3eneke,
Patti
Paige. and the Bie Band Sound on July 13th, and Dionne Warwick on
July
20th.
Z1I.
What are the benefits to the City (quantify where possible):
fTiit
91
carvA c dimmer rime rnurict arrrnrt-inn and provide
----- t' fnr the Snurh rinrida nrea
fn nl1N-r' R PA
D
I'v
Requested:
a.
"ash Grant:
Ci-y Sarv,.ces Requested �i.a., Police,
_ire, SanImation)
and
snec:.fy tyre of service and 5 value
as dater::.:.ned or
asti;matad oy the providing depar moment:
N
C_t
Decar`-aent Service
EstLInata d :%mcun:
.
SEE ATTACHED SHEET
_
i�
sjss .
.
xT
.flRrf
��� o� � s.
'� '�
r�ud: m. -
..T: Ti'S :.3;1:�
Vu'T ati..•:.L.....�', a _ �3
4.'..4�°6��'•�
f' wj �
innCr.,
SPECIAL FUNDING REQUEST APPL.ICATICN
Please complete this form and submit it along with the required
documentation to the Department of Community Development, 1145
N.4. 11th Street, Miami, Florida 33136. If you have any
questions, call 579-6853.
1. a. Name of Event, Project or Program: Summer Pnna Cann r* -1; I9$5
b. Date of Event/ Act i,.i_ty: Jul% s, 13, 30, 1985
C. Name of Organization: Summer Pops Concert Board
:. 11. -ne of COntaCt Person: Carlos 'hr.h,0�v1 C _ �r ✓
a �rr.:nr_
a. Telephone: 'Work: 350-7183 ;1c;,1e;
f . :flailing Address: BARNETT BANK nF SOUTH FT ORTnA S00 Rr4rkpll
Avenue, Miami, FL 33131
II. Brief description of grog-ram/event- and include the number of
people expected to participate in or attend program (Attach
additional sheets if necessary):
Thr�a cnrc r c' featuring fi reworks and orchestra on July yth Tex T3enekp,
Patti Paige, and the Big Band Sound on Julv 13th, and Dionne Warwick on
July 20th.
Ill. '+what are the benefits to the City (quantify where possible):
IV . SUpport Reques tad :
a. Cash Grant: �
b. City Sarv:c35 Requester: ti.e., Police, Fi-Q, San,zation)
and speclzy type of service and value as � date=-,; ned or
estimated oy the providi ng department:
De car --cent
3?r• i.ce Estiz:atad :Umcunt
SEE ATTACHED SHEET
$2,500 minimum per concert
C. Facility Rental - $ Amount: of cross
:Jame of Facility: Mi,,mi !.t ino Stadium
Data(s) and 'hours to be used: jul;• 13 and 20 5:00_n•m•-1:00 a.m.
d. Total $ Requested :ram City:
�J. Has City provided support in previous year(s)?
Yes No
if yes, please attach a letter from a certified public accountant
verifying the sufficiency of accounting systems and internal
financial controls during funding period. If you nave received
$25, 000 Or ;core, a copy an, a:id-t r eflect-in a ti.= expenditure of
tnose ends must also be crow;.ded. Also, specl-'! past- City
support and datels) of event or activity.
Name of Program/Event
Year(s) Funds Granted
19F4
Amount
Facility Rental
at Marine
VI. have you requested and%or received Funds .:rpm other
governmental entities? Yes
NO
List all Funding Sources applied
amour.;. (Indicate if
to:
received, still pending
or rejected):
1085 Dade County Council of Arts &
$ 9,350 - received
Sciences
VII. Please indicate what measures
will be taken to insure
F-"
adequata financial controls and accounting of funds:
Sic' a trartiari t arrar dg taxi March 27 1985 from
TOUCHE ROSS & CO.
�1r
VIII. Please describe orgariaatlon's
capability to accomplish
t=
program/event:
Through the ;oint effort of all sponsors. the
financial, promotional and
the Summer Pops Concert
Series will be provided.
g�w;,,,
rmm�nnPnts o�
x
w
85-665
x�-T L> x'� f✓'A? , v.� _ � f -' r # � +� rK!.ai+,+{`h��}4.t,,, � 3 < f `al' i`�' '{ Y'
1X. Please attach the following information relative to your
or:anization to this application:
1) State Charter (proof of not for profit status) DNA
2) dames and addresses of corporation's Board of Directors
3) A letter from certified Public accountant verifying
accounting systems and adequacy of financial controls to
safeguard handling of Citv funds.
�.tyCl. .illy
expenditures and anticipated revenues for total
projac_'event.
5) A copy of the line item cudgel specifying how City funds
will be used.
I hereby certify that the information provided herein is true and
accurate and that the funds pr:,vided by the City -gill be expended
in accordance -di th the ccmmi=nents approved by the City
Ccamission. Furthermore, the City will be provided with an
accounting of expenditures and receipts within thirty (310) days
after the event's conclusion and/or receipt of funds frcm the
City, whichever is applicable, along with any other documents or
data requested by the City.
ctTur p PnPS CONCERT SERIES
ZVe�U-1E OF ORGztZNiZ' T:OkN
CORPCRATE SFhL
FOR OFFICE USE ONLY
CATE RECEIVED
- Z ..A. -
85-665.
Mr. Carlos Arboleva
Vice Chairman
BARNETT BANK OF
SOUTH FLORIDA, N.A.
800 Brickell Avenue
Miami, FL 33131
Tel.: 350-7123
Mr. Bob Heuer
Assistant General Manager
GREATER MIAMI OPERA ASSOC.
1200 Coral Way
Miami, FL 33145
Tel.: 854-1643
Ms. Lorraine Charney
Vice President of
Corporate Programs
RYDER SYSTEMS, INC.
3600 NW 82nd Avenue
Miami, FL 33166
Tel.: 593-3726.
Mr. Kenneth F. Webb
Miami Group Controller
SEARS ROEBUCK & CO.
7500 NW 25th Street
Miami, FL 33152
Tel.: 591-4778
Ms. Robin Reiter-Faragalli
Executive Director
Southeast Bank Foundation
SOUTHEAST BANK
1 S.E. Financial Center
22nd Floor
Miami, FL 33131
Tel.: 375-7500
Mr. Mark Darden
Director of Advertising
& Promotions
WPLG-TV 10
3900 Biscayne Blvd.
Miami, FL 33137
Tel.: 576-1010
1985 POPS -BY -THE -BAY CONCERTS
BOARD OF DIRECTORS
Mr. Charlie Folds
Director of Public
& Community Relations
WSVN-7
1401 - 79th Street Causeway
Miami, FL 33141
Tel.: 751-6692
Ms. Jeanette Jordan
Community Affairs Director
WCI%
1111 Brickell Avenue
Miami, FL 33131
Tel.: 377-0811
Mrs. Toni Zahn
Manager of Community Relations
EASTERN AIRLINES, INC.
Miami International Airport
Miami, FL 33148
Tel.: 873-6323
Mr. Jeff Campbell
Chief Executive Officer
BURGER KING CORPORATION
7360 No. Kendall Drive
Miami, FL 33156
Tel.: 596-7011
Mr. Stephen Muss
THE MUSS ORGANIZATION
Seacoast Towers One
Executive Offices
5151 Collins Avenue
Miami Beach, FL 33140
Tel.: 865-0484
Mr. Richard G. Capen, Jr.
Chairman of the Board
& Publisher
THE MIAMI HERALD
One Herald Plaza
Miami, FL 33101
Tel.: 350-2111
85-665
Mr. Carlos Arboleva
Vice Chairman
BARNETT BANK OF
SOUTH FLORIDA, N.A.
800 Brickell avenue
Miami, FL 33131
Tel.: 350-7123
Mr. Bob Heuer
Assistant General Manager
GREATER MIAMI OPERA ASSOC.
1200 Coral Way
Miami, FL 33145
Tel.: 854-1643
Ms. Lorraine Cha rney
Vice President of
Corporate Programs
RYDER SYSTEMS, INC.
3600 NW 82nd Avenue
Miami, FL 33166
Tel.: 593-3726.
Mr. Kenneth F. Webb
Miami Group Controller
SEARS ROEBUCK & CO.
7500 NW 25th Street
Miami, FL 33152
Tel.: 591-4778
Ms. Robin Reiter-Faragalli
Executive Director
Southeast Bank Foundation
SOUTHEAST BANK
1 S.E. Financial Center
22nd Floor
Miami, FL 33131
Tel.: 375-7500
Mr. Mark Darden
Director of Advertising
& Promotions
WPLG-TV 10
3900 Biscayne Blvd.
Miami, FL 33137
Tel.: 576-1010
1985 POPS -BY -THE -BAY CONCERTS
BOARD OF DIRECTORS
Mr. Charlie Folds
Director of Public
& Community Relations
WSVN-7
1401 - 79th Street Causeway
Miami, FL 33141
Tel.: 751-6692
Ms. Jeanette Jordan
Community Affairs Director
WCIY
1111 Brickell Avenue
;Miami, FL 33131
Tel.: 377-0811
Mrs. Toni Zahn
,tanager of Community Relations
EASTERN AIRLINES, INC.
Miami International Airport
Miami, FL 33148
Tel.: 873-6323
Mr. Jeff Campbell
Chief Executive Officer
BURGER KING CORPORATION
7360 No. Kendall Drive
Miami, FL 33156
Tel.: 596-7011
Mr. Stephen Muss
THE MUSS ORGANIZATION
Seacoast Towers One
Executive Offices
5151 Collins Avenue
Miami Beach, FL 33140
Tel.: 865-0484
Mr. Richard G. Capen, Jr.
Chairman of the Board
& Publisher
THE MIAMI HERALD
One Herald Plaza
Miami, FL 33101
Tel.: 350-2111
85-665
CITY DEPARTMENT
Fire Department
Police Department
Finance Department
office of Stadiums
M
CA
CA
11O11S BY TllE BAY 1 ` 8 i
City Services Requested
SERVICE
3 Inspectors
1 Supervisor
a officers
1 City Auditor
1 Guard Coordinator
2 Night Guards
11 Event Guards
2 Boats with 4 personnel
(for collecting boat admission
tickets)
2 Custodians
1 Stadium Office Attendant
2 Electricians
4 Rest Room Atten(lants
1 Nurse
1 Stadium Event Coordinator
Clean-up Crew
Barge Moving
Marine Patrol Boat with 2 Officers
ESTIMATED VALUE
$ 270 per concert
$1000 Fier ce)nce.rt
$ 50 per coru_ert
$ 150
per
concert
$ 200
per
coricert
$ 3 j0
per
c:<,ncert
$ 500
per
concert
200
per
c(incert
SO
pur
c Ic kc rt
$ 30o
pe r
c„e,eu r t
$ 100
per
c,n-ecert
50
per
concert
$ GOO
per
concert
$ 600
pu r
ci mcu r t
$ 500
per
c-nice-i t
$ 300
per
concert
t,-
awx•..
E X P E N S E R E P O R T
"Pops -By -The -Bay" -- 1985
CONCERT I
CONCERT II
CONCERT III
TOTAL
7/04
7/13
7/20
Guest Artists
2,500
30,000
25,000
57,500
Conductor
1,000
---
1,000
2,000
Guest Artist Extras
500
500
8,000
9,000
Orchestra/With Contractor
11,800
3,700
11,800
27,300
Social Security 7".
896
259
896
2,051
Pension 3%
384
111
384
879
Unemployment Tax
290
120
290
700
Workers Comp. 1.34%
172
50
172
394
Orchestra Fee 1%
145
43
145
333
Ca rta ge
400
500
500
1,400
Piano/Inst. Rental & Tuning
1,300
500
1,200
3,000
Nusis
500
200
500
1,200
Rental/Royalties
300
300
300
900
Stage Hands
3,000
3,000
3,000
9,000
Pension Welfare 10°0
---
---
---
---
Unemployment Tax
---
---
_-_
Workers Comp
---
---
---
---
Stage Manager 5 Weeks
1,000
1,000
1,000
3,000
Sound Equipment
5,000
5,000
5,000
15,000
Lighting
1,200
1,200
1,200
3,600
Stage Supplies
100
100
100
300
Stadium Rent
---
---
--_
Stadium Personnel & Expenses
2,500
2,500
2,500
7,500
Promotional Events & Decor
8,850
3,440
4,390
16,680
Misc. Rentals (Jackets & Chairs)
1,000
800
1,000
2,800
Security & Fire
2,700
2,700
2,700
8,100
Insurance
250
250
250
750
Fireworks
5,500
---
---
5,500
Printing, Promo, Tickets
4,850
650
650
6,150
Box Office Exp. & Bass
1,500
1,500
1,500
4,500
Accounting, Computer & Phones
3,000
3,000
3,000
9,000
Opera Staff
10,000
10,000
10,000
30, O00
Nan & Truck Rental
500
500
;00
1,500
TOTALS:
71,137
711923
86 977
85-665
n =-
I N C O M E
"Pops-By-The-Bay"--1985
SUBSCRIPTIONS (2,500 Total)
Section
I A
150
x $40
S 6,000
Section
I B
1,100
x 40
44,000
Section
II
950
x 26
24,700
Section
III
300
x 18
5,400
2,500
80,100
Boats
5,820
Total.............................5 85,920
SINGLE SALES
Concert
I
(8000
Section
I A
50
x
$25
$ 1,250
Section
I B
500
x
15
7,500
Section
II
1,500
x
10
15,000
Section
III
700
x
6
4,200
2,750
27,950
Boats
5.400
Total.............................S
33,350
Concert
II
(97%)
Section
I A
50
x
$25
1,250
Section
I B
700
x
15
10,500
Section
II
1,700
x
10
17,000
Section
III
1,400
x
6
8.400
3,850
37,150
Boats
2,500
Total .............................$
39,650
Concert
III
(861*0)
Section
I A
50
x
$25
1,250
Section
I B
600
x
15
9,000
Section
II
1,500
x
10
15,000
Section
III
1,000
x
6
6,000
3,150
31,250
Boats
2,500
Total .............................$
33,750
TOTAL: ................................$192,670
Opera in Kind
30,000
GRAND TOTAL: ...........................
$222,670
85-665
Tache Ross & a.
CERTIFIED PUBLIC ACCOUNTANTS
August 24, 1984
Board of Directors
Opera Guild of Greater Miami
d/b/a Greater Miami Opera Association
1200 Coral Way
Miami, Florida
We have examined the financial statements of Opera Guild of Greater Miami
d/b/a Greater Miami Opera Association for the years ended May 31, 1984
and 1983, and have issued our report thereon, dated August 24, 1984. As
part of our examination, we made a study and evaluation of the Associa-
tion's system of internal accounting control to the extent we considered
necessary to evaluate the system as required by generally accepted audit
ing standards. The purposes of our study and evaluation were to deter-
mine the nature, timing, and extent of the auditing procedures necessary
for expressing an opinion on the Association's financial statements. Our
a` study and evaluation was more limited than would be necessary to express
an opinion on the system of internal accounting control taken as a whole.
The management of the Association is responsible for establishing and
maintaining a system of internal accounting control. In fulfilling this
<'
responsibility, estimates and judgments by management are required to
,a.
assess the expected benefits and, related costs of control procedures.
The objectives of a system are to provide management with reasonable, but
'
not absolute, assurance that assets are safeguarded against loss from
h=
unauthorized use or disposition and that transactions are executed in
accordance with management's authorization and recorded properly to
permit the preparation of financial statements in accordance with gen-
erally accepted accounting principles.
May
�As
Because of inherent limitations in any system of internal accounting
.=
control, errors or irregularities may nevertheless occur and not be
detected. Also, projection of any evaluation of the system to future
periods is subject to the risk that procedures may become inadequate
}4
because of changes in conditions or that the degree of compliance with
=r=..,.
the procedures may deteriorate.
r.
i
ti¢
�Y
-
V
r
85-66 5.
�th`f .. �... t u .. _.. t :�... ...'a.� ... 4.L_r. Tr_.1 2. Fhb# �.��.�ai...•
F a
yYgyg'' 4�
p:t?�
-2-
Board of Directors August 249 1984
Opera Guild of Greater Miami
d/b/a Greater Miami Opera Association
Our study and evaluation, described in the first paragraph, would not
necessarily disclose all material weaknesses in the system. Accordingly,
we do not express an opinion on the system of internal accounting control
of the Company taken as a whole. However, our study and evaluation dis-
closed no condition that we believe to be a material weaknesses.
This report is intended solely for the use of management and other
regulatory agencies pursuant to their requirements and should not be used
for any other purpose.
-,e�i 'L , (,.
Certified Public Accountants
S5-x3 Y&j
T�Ross &CO.
CERTIFIED PUBLIC ACCOUNTANTS
March 27, 1985
Mr. Robert Herman
Executive Director
Greater Miami Opera Association
1200 Coral way
Miami, Florida 33145
Dear Mr. Herman:
We are pleased to serve as independent accountants for Greater Miami
Opera Association.
Mr. Ronald S. Chase will be the partner and Mr. Gerald C . Sims will be
the manager in charge of all work we perform for you. Examining and re-
porting on your annual financial statements is to be cur recurring basic
assignment. We would like also to be helpful to you on current problems
as they arise throughout the year. Hence, we hope you will call Mr.
Chase or Mr. Sims whenever you feel they can be of assistance.
The purpose of. our engagement is to examire the Associations financial
statements for the year ended May 31, 1985, and evaluate the fairness of
=
presentation of the statements in conformity with generally accepted ac-
counting principles applied on a basis consistent with that of the pre-
ceding period.
sJ: L
,
r:
Our examination will be conducted in accordance with generally accepted
audi.ing standards which will include a review of the system of internal
control and tests of transactions to the extent we believe necessary.
"-
Accordingly, it will not include a detailed audit of transactions to the
extent which would be required if intended to disclose defalcations or
other irregularities, although their discovery may result.
We direct your attention to the fact that management has the responsi5ll-
,.
ity for the proper recording of transactions in the books of account, for
the safeguarding of assets, and for the substantial accuracy of the
financial statements. Such statements are the representations of
management.
k:A�.:,
WYy (R
85-665.
NIL
rlft�
-2-
Mr. Robert Herman
Greater Miami Opera Association
March 27, 1985
The objective of our examination is the expression of an opinion on the
Associations financial statements. Our ability to express that opinion
and the wording of our opinion will, of course, be dependent on the facts
and circumstances at the date of our report. If our opinion will be
other than unqualified, the reasons therefor will be fully disclosed.
As you requested, we will also submit, as a normal part of our examina-
tion, a letter advising you of opportunities we have observed for econo-
mies in or improved internal controls over your operations. It is our
practice to prepare a letter bringing such matters to the attention of
the appropriate level of management and the board of directors
We are, of course, available to assist you in other areas that might
arise.
Our fees are based on the amount of time required at various levels of
responsibility, plus actual out-of-pocket expenses (travel, typing, tele
phone, etc.), and payable upon presentation of our invoices. Any contri-
bution to the Association by our firm will be considered apart from our
engagement fees. we will notify you immediately of any circumstances we
encounter which would significantly affect our initial estimate of total
fees off
If the foregoing is in accordance with your understanding, please sign
and return to us the duplicate copy of this letter.
We very much appreciate the opportunity to serve you and are pleased with
our continued association.
By
Date 41
very truly yours,
Certified Public Accountants
f
85--665