(a)   The Audit Committee shall be the members of the City's Board of Audit and Review who shall serve as a liaison with its auditors and shall monitor and review the City's accounting and financial reporting practices and follow-up on citations and recommendations made by its auditors.
   (b)   The Audit Committee shall meet as necessary to:
      (1)   Meet with the City's auditors before and after each audit;
      (2)   Evaluate financial and compliance audit recommendations and determine the necessity of implementing changes to policy or procedures; and
      (3)   Review legal compliance, financial conditions and internal controls over safeguarding the City's assets.
(Ord. 2008-099.  Passed 1-12-09.)