[HISTORY: Adopted by the Borough Council of the Borough of Collingdale 12-28-1982 by Ord. No. 532 (Ch. 1, Part 1B, of the 1987 Code of Ordinances). Amendments noted where applicable.]
Effective as of the year in which this chapter is adopted, the Borough Council, by majority vote, upon resolution shall appoint an independent auditor, who shall be a certified public accountant and be registered in the Commonwealth of Pennsylvania; a firm of certified public accountants so registered; or a competent public accountant or firm of public accountants acting as an independent auditor or auditors.
Each such appointment shall be made annually by resolution before the close of the fiscal year.
Such independent auditor shall make an independent examination of the accounting records of the Borough for such fiscal year, and such appointee shall also perform such other duties and exercise such other powers as are conferred upon it or him under the applicable provisions of the Commonwealth of Pennsylvania's Borough Code.
Borough Council may, at its sole discretion, take bids for such accounting services and award the successful bidder a contract for said services.
Borough Council may demand of such independent auditor and/or auditors proof of adequate insurance and such other terms and conditions as the Council may hereafter determine, in its sole discretion.