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August 1,2017 <br /> City of Decatur <br /> Page 8 <br /> The responsibilities and limitations related to the nonaudit services performed as part of this engagement are as <br /> follows: <br /> • We will prepare a draft of your financial statements, schedule of expenditures of federal awards, and <br /> related notes in conformity with U.S. GAAP and the Uniform Guidance based on information provided by <br /> you.Since the preparation and fair presentation of the financial statements and schedule of <br /> expenditures of federal awards is your responsibility, you will be required to acknowledge in the <br /> representation letter our assistance with preparation of the financial stateme,it<-:and schedule of <br /> expenditures of federal awards and that you have reviewed and approved the financial statements, <br /> schedule of expenditures of federal awards,and related notes prior to their issuance and have accepted <br /> responsibility for them.You have a responsibility to be in a position in fact and appearance to make an <br /> informed judgment on those financial statements and schedule of expenditures of federal awards. <br /> • We will propose adjusting journal entries as needed.You will be required to review and approve those <br /> entries and to understand the nature of the changes and their impact on the financial statements. <br /> • We will prepare the AFR and Data Collection form. You will be responsible for reviewing and approving <br /> these. <br /> Use of financial statements <br /> The financial statements and our report thereon are for management's use. If you intend to reproduce and <br /> publish the financial statements and our report thereon, they must be reproduced in their entirety. Inclusion of <br /> the audited financial statements in a document, such as an annual report or an offering document, should be <br /> done only with our prior approval of the document.You are responsible to provide us the opportunity to review <br /> such documents before issuance. <br /> Should you decide to include or incorporate by reference these financial statements and our auditors' report(s) <br /> thereon in a future private placement or other offering of equity or debt securities,you agree that we are under <br /> no obligation to re-issue our report or provide consent for the use of our report in such a registration or offering <br /> document.We will determine, at our sole discretion, whether we will re-issue our report or provide consent for <br /> the use of our report only after we have performed the procedures we consider necessary in the circumstances. <br /> If we decide to re-issue our report or consent to the use of our report,we will be required to perform certain <br /> procedures including, but not limited to, (a) reading other information incorporated by reference in the <br /> registration statement or other offering document and (b)subsequent event procedures.These procedures will <br /> be considered an engagement separate and distinct from our audit engagement, and we will bill you separately. <br /> If we decide to re-issue our report or consent to the use of our report,you agree that we will be included on <br /> each distribution of draft offering materials and we will receive a complete set of final documents. If we decide <br /> not to re-issue our report or decide to withhold our consent to the use of our report, you may be required to <br /> engage another firm to audit periods covered by our audit reports, and that firm will likely bill you for its <br /> services.While the successor auditor may request access to our workpapers for those periods, we are under no <br /> obligation to permit such access. <br /> If the parties (i.e., you and CLA)agree that CLA will not be involved with your official statements related to <br /> municipal securities filings or other offering documents,we will require that any official statements or other <br />