HomeMy WebLinkAboutMINUTES - 11271990 - 1.137 TO: REDEVELOPMENT AGENCY
FROM: PHIL BATCHELOR, Contra
EXECUTIVE DIRECTOR Cx)sta
DATE: November 27, 1990 COLM
SUBJECT: Redevelopment Agency Audited Financial Statements
SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATION
Accept Audited Financial Statements for Fiscal Year 1989-90 as
completed by KPMG Peat Marwick.
FISCAL IMPACT
None
BACKGROUNDIREASONS FOR RECOMMENDATIONS
The Agency annually undergoes an audit of its Financial Statements
and an audit on compliance with California Redevelopment .Law. KPMG
Peat Marwick has completed the required audit and has issued.- its
report dated September 25, 1990. The report indicates the Agency's
financial records are in conformity with the generally accepted
accounting principals and that no, . -procedural irregularities with
respect to the Agency's activities pursuant to California
Redevelopment Law do not exist.
CONTINUED ON ATTACHMENT: YES SIGNATURE:
RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMENDATION N? AGENC COMMI7EE
APPROVE OTHER
SIGNATURE(S) :
ACTION OF AGENCY ON November 27, 1990 APPROVED AS. RECOMMENDED X OTHER
VOTE OF COMMISSIONERS
I HEREBY CERTIFY THAT THIS IS A
X- UNANIMOUS (ABSENT TRUE AND CORRECT COPY OF AN
AYES: HOES: ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES OF THE REDEVELOPMENT
AGENCY ON THE DATE SHOWN.
cq: Redevelopment Director ATTESTED November 27, 1990
CAO PHIL BATCHELOR,
Auditor-Controller AGENCY SECRETARY
County Counsel
BY4 A Az DEPUTY
sra9: 11-27-90.ra