HomeMy WebLinkAboutMINUTES - 11051991 - 1.101 P
Contra
TO: REDEVELOPMENT AGENCY ;,��"' {
Cana
FROM: Phil Batchelor Coulty
Executive Director ...
DATE: November 5, 1991
SUBJECT: Redevelopment Agency Audited Financial Statements
SPECIFIC REQUEST(S) OR RECOMMENDATIONS (S) & BACKGROUND AND JUSTIFICATION
V
RECOMMENDATIONS
Accept audited financial statements for Fiscal Year ` 1990-91 as
completed by KPMG Peat Marwick.
FISCAL IMPACT
None.
BACKGROUND/REASONS 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.
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:
�Z
RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMEND ON OF GENCY CO ITTEE
APPROVE �; OTHER
r
SIGNATURE(S) :
ACTION OF AGENCY ON �Nnypmh¢r 5 1AA1 APPROVED AS RECOMMENDED x _ OTHER
a
I'
VOTE OF COMMISSIONERS
I HEREBY CERTIFYITHAT 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 REDEVELOPMENT
AGENCY ON THE DATE SHOWN.
cc: Community Development
SRA19 f j bj f instat.bos k ATTESTED November 5, 1991
PHIL BATCHELOR,
AGENCY SECRETARY
} ; BY , DEPUTY
E
9