Town of Hempstead IDA
Audit Committee Minutes
November 15, 2018

Members Present:: James Marsh-Chairman, Rev. Eric Mallette, Lorraine Rhoads, Jack Majkut
                                 
Mr. Marsh noted that a quorum was present and called the meeting to order at 8:45 a.m.. 

The item on the agenda was the review of the 2019 Contract (Engagement Letter) with Sheehan & Company, the CPA’s for the agency. The committee members had a chance to review the document prior to this meeting. Mr. Marsh suggested, that for the purposes of “due diligence”, we should get a proposal next year from a different accounting firm for comparison prior to continuing our contract with Sheehan & Company. A motion was made by James Marsh to accept the 2019 Sheehan & Company Contract as written and was seconded by Rev. Mallette.  All approved. The motion carried.

A motion was made by Lorraine Rhoads to close the meeting and Rev. Mallette seconded it.  All approved and Mr. Marsh closed the meeting at 8:50 a.m.

					
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                                                                                      Lorraine Rhoads, Agency Administrator &
                                                                        Committee Member

11/15/18