The Council of the Borough of Punxsutawney shall annually appoint, by
resolution, an independent auditor, who shall be a certified public accountant
registered in Pennsylvania, a firm of certified public accountants so registered
or a competent public accountant or a competent firm of public accountants,
to make an independent examination of the accounting records of the Borough
for each fiscal year and shall also perform the other duties and exercise
the powers as conferred upon him by subdivision of Article XI of the Borough
Code, Act No. 581 of 1965, as amended.
The independent auditor shall be appointed annually, by resolution,
before the close of a fiscal year; provided, however, that such appointment
shall be for the term of October 1, 1974, to December 31, 1974, in this the
first appointment of such independent auditor.
The compensation of the independent auditor shall be fixed by contract
between the independent auditor and the Borough of Punxsutawney.
The office of elected Auditor of the Borough of Punxsutawney is hereby
abolished; provided, however, that elected Auditors now in office shall continue
to hold their office during the term for which elected and shall not audit,
settle or adjust the accounts audited by such independent auditor but shall
perform the other duties of their office.