HomeMy WebLinkAboutMINUTES - 09171991 - 1.38 Contra
TO: BOARD OF SUPERVISORS :
FROM; Harvey E. Bragdon 0'.4-
Director
`Director of Community Development ��`"( /
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DATE: September 17, 1991
SUBJECT: Audit of Financial Statements 1982 , 1983 , .1984, 1985, 1987, 1988
and 1989 Contra Costa Home Mortgage Revenue Bonds.
SPECIFIC REQUEST(S) OR RECOMMENDATIONS (S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
Authorize the Community Development Director or Deputy Director -
Redevelopment to execute a contract with Deloitte and Touche for an
annual audit for Fiscal Year 1990-91 of the Financial Statements of the
following programs: 1982 Contra Costa Home Mortgage Revenue Bonds, 1983
Contra Costa Home Mortgage Revenue Bonds, 1984 Contra Costa Home
Mortgage Finance Authority Home Mortgage Revenue Bonds, 1985 Contra
Costa Home Mortgage Revenue Bonds, 1987 Contra Costa Home Mortgage
Revenue Bonds, 1988 Contra Costa Home Mortgage Revenue Bonds, 1989
Contra Costa Home Mortgage Revenue Bonds.
FISCAL IMPACT
None to the County; audit costs will be paid from program funds, not
County funds.
BACKGROUND/REASONS FOR RECOMMENDATIONS
The Indenture for the above. referenced Home Mortgage Revenue Bond
Programs requires that an annual audit of the financial statement be
completed.
CONTINUED ON ATTACHMENT: YES SIGNATURE:
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RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATI F BOARD COMMITTE
APPROVE OTHER
SIGNATURE(S) :
ACTION OF BOARD ON APPROVED AS RECOMMENDED OTHER
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A
X UNANIMOUS (ABSENT` ) TRUE AND CORRECT COPY OF AN
AYES: NOES: ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES OF THE BOARD OF
SUPERVISORS ON THE DATE SHOWN.
cc: Community Development SEP 1 ? 1991
CAO (via Risk Management) ATTESTED
County Counsel PHIL BATCHELOR, CLERK OF
Auditor (c/o Nona) THE BOARD OF SUPERVISORS
Contractor AND COUNTY ADMINISTRATOR
BY , DEPUTY
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