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Resolution No. 18-11 CITY OF TIGARD, OREGON TIGARD CITY COUNCIL RESOLUTION NO. 18-11 A RESOLUTION TO ADOPT A CORRECTIVE ACTION PLAN TO ADDRESS THE MATERIAL WEAKNESS OUTLINED IN THE COMMUNICATION TO THOSE CHARGED WITH GOVERNANCE AND INTERNAL CONTROL RELATED MATTERS LETTER FROM THE INDEPENDENT AUDITORS WHEREAS, the Tigard City Council has received and reviewed the 2016-2017 financial statement audit from Moss Adams LLP (the Audit);and WHEREAS, the Audit letter outlines one material weakness in reviewing worksheets supporting final entries for information contained in the City's Comprehensive Annual Financial Report(CAFR);and WHEREAS,a corrective plan of action has been created and implemented in accordance with ORS 297.466(2). NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1: The corrective plan of action, attached hereto as Exhibit A, has been implemented by staff and is hereby approved SECTION 2: The City Recorder is directed to file a copy of this resolution with the appropriate State of Oregon officer in accordance with ORS 297.466(3). SECTION 3: This resolution is effective immediately upon passage. PASSED: This 71 day of a r 2018. Mayoro-City of Tigard ATTEST: City Recorder-City of Tigard RESOLUTION NO. 18- Page 1