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2138ORDINANCE NO. o~ 138 AN ORDINANCE TO WAIVE COMPETITIVE BIDDING ON PROFESSIONAL ACCOUNTING SERVICES, AND FOR OTHER PURPOSES. WHEREAS, Arkansas Code Annotated Section 14-58-303 allows waiving of competitive bidding in exceptional situations where such procedure is deemed not feasible or practical; and WHEREAS, the West Memphis Utility Commission requires professional accounting services for its annual audit and the Utility Commission has presently retained the services of Jackson, Howell and Associates which firm is familiar with the finances and procedures of the Utility Commission and capable of providing the required accounting services; and WHEREAS, it would not be financially feasible or practical to conduct competitive bidding for such professional services; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS: 1. That competitive bidding be waived for the following services to be used by the City, described as follows: Professional accounting services for the 2005 annual audit of the West Memphis Utility Commission in the sum of $21,000.00. PASSED AND APPROVED this ~6 day of F"E$~V ARy , 2006. WILLIAM H. JOHNSON, Mayor ATTEST: PHILLIP ,City Clerk SPONSORED BY: ~ 'LLr. i~- RECEIVED City Clerk's Office Date/Time 0 I ~ 13 ~~ G ~.31 ~ Bye. f~-