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AGREEMENT FOR AUDITING SERVICES <br />This agreement, dated this day of <br />by and <br />between the CITY OF LITTLE CANADA, hereinafter referred to as the "City ", and the <br />accounting firm of DE LA HUNT VOTO & CO., LTD., Certified Public Accountants, <br />a professional corporation hereinafter referred to as the "Auditors ", WITNESSETH: <br />In consideration of their mutual covenants and agreements as <br />hereinafter set forth the parties hereto contract and agree as follows: <br />1. <br />The Auditors agree to make a limited general audit of the financial <br />transactions and records of the CITY OF LITTLE CANADA for the year ending <br />December 31, 1977. Such examination shall be conducted in accordance with the <br />minimum procedures for auditing prescribed by the Minnesota State Auditor <br />pursuant to the provisions of M.S.A. Section 6. The Auditor's report shall <br />contain the Auditor's opinion of the financial statements contained in said <br />report. The examination shall encompass the following items on a test basis: <br />1. System of internal control <br />2. Details of all the books of account, subsidiary <br />records and supporting documents as to: <br />(a) Legality <br />(b) Mathematical accuracy <br />(c) Propriety <br />(d) Completeness of all transactions <br />(e) Application of accepted <br />accounting principles <br />0032 <br />