HomeMy WebLinkAboutMINUTES - 12081992 - 1.86 � 861
1 = Contra
TO: REDEVELOPMENT AGENCY
Costa
FROM: Phil Batchelor - County
Executive Director _
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DATE: December 8, 1992
SUBJECT: Redevelopment Agency Audited Financial Statements
SPECIFIC REQUEST(S) OR RECOMMENDATIONS(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
Accept audited financial statements for Fiscal Year 1991-92 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.
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 e ist.
CONTINUED ON ATTACHMENT: YES SIGNATURE: a` G�
RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMEN A ON OF A ENCY COMM TEE
APPROVE OTHER
SIGNATURE(S) :
ACTION OF AGENCY ON December 8 . 1992 APPROVED AS RECOMMENDED X OTHER
VOTE OF COMMISSIONERS
I HEREBY CERTIFY THAT THIS IS A
X UNANIMOUS (ABSENT II ) 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
ATTESTED December 8 , 1992
PHIL BATCHELOR,
AGENCY SECRETARY
a
sra&audit.bos BYj4u , DEPUTY