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   There is hereby established in and for the City an Audit Committee.  Such Committee shall be composed of the membership of the Finance Committee of Council and shall be supported by Council's making provisions for the retention of a financial expert to aid the Committee in its understanding of financial reporting and in its performance of its duties. 
(Ord. 182-98.  Passed 10-26-98; Ord. 25-2011.  Passed 4-11-11.)