An independent auditor shall, by resolution, be appointed annually
to make an independent examination of the accounting records of the
Borough for each fiscal year in accordance with § 1005(7)
of the Borough Code and to perform other duties and to exercise the powers
as conferred upon said independent auditor by the Borough Code.
The office of elected Borough Auditor is hereby abolished, although
the Borough Auditors presently in office shall continue to hold their
office during the term for which elected, although the Borough Auditors
shall not audit, settle or adjust the accounts audited by such independent
auditor but shall perform the other duties of their office, all of
which is in accordance with § 1005(7) of the Borough Code.