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Mr. Stephen Davis with Davis Business Planning addressed the council and gave them a step by step <br /> process that the city went through to acquire bids and finally choose an independent audit firm. The <br /> City received 9 bids and narrowed the field down to four which were all interviewed. A committee <br /> comprised of Mr. Davis, City Engineer Damon Johnson and City Clerk Denise Johnston has <br /> recommended Frazer Frost Certified Public Accountants. Frazer Frost has offices in Little Rock and <br /> Fayetteville. Mr. Davis explained that Frazer Frost will perform an audit for the City for 2008 and for <br /> the City and Utilities for 2009. The 2010 through 2012 audits will be single audits and combined <br /> reports for both entities. The total cost for all five years $109,700. Councilmember McDonald moved <br /> to accept the recommendation for Frazer Frost to perform the 2008 through 2012 audits for the City. <br /> Councilmember Krug seconded and all voted for. <br /> C) CONSIDER AN ORDINANCE TO WAIVE COMPETITIVE BIDDING FOR A MINI-EXCAVATOR FOR THE <br /> UTILITIES DEPARTMENT <br /> Councilmember Bryant introduced an ordinance to waive competitive bidding on a mini-excavator for <br /> the Utilities Department. Councilmember Bryant moved to suspend the rules and read the ordinance <br /> by title only. Councilmember Insell seconded and the roll call count was 8 for and 0 against. City <br /> Attorney Stalker read the ordinance by title only. City Engineer Damon Johnson said this is the same <br /> piece of equipment that they discussed at the last meeting. He said at the time, knowing that the <br /> excavator is a 2007 model he was thinking that it was used equipment and did not have to be bid out, <br /> but later realized the equipment has never been sold therefore is considered new. Councilmember <br /> Insell moved to further suspend the rules and waive the second and third readings. Councilmember <br /> McDonald seconded and the roll call count was 8 for and 0 against. Councilmember Matthews moved <br /> to adopt the ordinance and councilmember O'Neal seconded. The roll call count was 8 for and 0 <br /> against. The ordinance was given #2010-03-05. Mr. Stalker read the emergency clause and <br /> Councilmember Bryant moved to adopt. Councilmember Matthews seconded and the roll call count <br /> was 8 for and 0 against. <br />