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HomeMy WebLinkAboutMINUTES - 06081993 - 1.65 Contra Costa TO: BOARD OF SUPERVISORS County r, J rC UN� FROM: Harvey E. Bragdon Director of Community Development DATE: June 8, 1993 SUBJECT: Audit of Financial Statements 1982, 1983 , 1985, 1987 and 1991 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 Maze and Associates for the annual audit for Fiscal Year 1992-93 of the Financial Statements of the following programs: 1982 Contra Costa Home Mortgage Revenue Bonds, 1983 Contra Costa Home Mortgage Revenue Bonds, 1985 Contra Costa Home Mortgage Revenue Bonds, 1987 Contra Costa Home Mortgage Revenue Bonds, and 1991 Contra Costa Home Mortgage Finance Authority 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. Maze and Associates is a firm that speci lizes in governmental auditing and is based in Walnut C eek. CONTINUED ON ATTACHMENT: YES SIGNATURE: �n RECOMMENDATION OF COUNTY ADMINISTRATOR REC iiNDATION ; F BOARD C ITTEE APPROVE OTHER I r i SIGNATURE(S) : ACTION_OF BOARD ON APPROVED AS RECOMMENDED OTHER VOTE OF SUPERVISORS I HEREBY CERTIFY THAT THIS IS A 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. Jim Kennedy 646-4076 9 cc: Community Development CAO (via Risk Management) ATTESTED County Counsel PjftL BATCHELOR, CLERK OF Auditor (c/o Nona) THE BOARD OF SUPERVISORS Contractor AND COUNTY ADMINISTRATOR X:DS:Ih BY . DEPUTY sraWmau.bos