The position of independent auditor for the
Borough of Prospect Park is hereby established and created pursuant
to the authority set forth in Section 1005(7) of the Borough Code. The independent auditor, appointed as hereinafter set
forth, 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.
The Borough Council of the Borough of Prospect
Park shall appoint annually by resolution before the close of the
fiscal year an independent auditor to make an independent examination
of the accounting records of the Borough of Prospect Park for such
fiscal year, and such independent auditor shall also perform the other
duties, exercise and the powers conferred upon him by the pertinent
provisions of the Borough Code. The compensation to be paid to the independent auditor
shall be fixed at such time and in such amounts as shall be determined
by resolution of Council.
The office of elected Borough Auditor shall
be abolished upon the appointment of an independent auditor as more
fully set forth in Section 1005(7) of the Borough Code.