HomeMy WebLinkAboutMINUTES - 02141992 - 1.56 1,A 1-056
TO: BOARD OF SUPERVISORS '
'- Ccntra
FROM: HARVEY E. BRAGDON CxJJLa
DIRECTOR OF COMMUNITY DEVELOPMENT
_.... . County
DATE: January 8, 1992
SUBJECT: Audit of Financial Statements 1982, 1983, 1984, 1985, 1987, 1988 and
1989 Contra Costa Home Mortgage Revenue Bonds
SPECIFIC REQUEST(S) OR RECOMMENDATIONS) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
Accept Audit Report on the Financial Statements completed by
Deloitte and Touche for Fiscal Year 1990/91 of the following
programs: 1982 Contra Costa Home Mortgage Revenue Bonds, 1983
Contra Costa Home Mortgage Revenue Bonds, 1984 Contra Costa 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.
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. Deloitte and Touche has completed the audit of the
respective programs as- of June 30, 1991 and submitted its report.
CONTINUED ON ATTACHMENT: YES SIGNATURE
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMEN&WION OF COMMITTEE
APPROVE OTHER
SIGNATURE(S) :
ACTION OF BOARD ON JAN 14 1992- _ = APPROVED AS RECOMMENDED X OTHER
j
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.
Orig: Community Development Department ATTESTED JA N1 4 1992
cc: CAO (via Risk Management) PHIL BATCHELOR, CLERK OF
County Counsel THE BOARD OF SUPERVISORS
Auditor (c/o: Nona) AND COUNTY ADMINISTRATOR
Contractor ,p
BY (i Cl '� i DEPUTY
1-misc/ml/bondaud.bos