City Council Minutes 2004 06 15 - Laserfiche WebLink

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Louisville City Council Meeting June 15, 2004 Page 3 of 10 Finance Director Patty Leslie explained the purpose of a Comprehensive Annual Financial Report (CAFR). Wendy Swanhorst, CPA of Swanhorst, Dragon & Cutler LLC, 8400 E. Crescent Parkway, Suite 600, Greenwood Village, CO, presented the results of the City's annual audit with the 2003 Management Letter and the 2003 CAFR. Swanhorst noted the City entered into no unusual or significant transactions during the year and that no difficulties were encountered during the audit. Swanhorst, Dragon & Cutler LLC provided the Finance Staff with a schedule of audit adjustments. Of those adjustments, none were determined to either individually or in the aggregate; indicate matters that could have a significant effect on the City's financial reporting. Mayor Sisk stated the Finance Committee met with Swanhorst and discussed the employees' self-insurance plan, and the Memory Square accounting system. City Manager Bill Simmons thanked Finance Director Patty Leslie and Wendy Swanhorst for their work and invited the public to review the documents. Copies are available at the Library and at the City Hall. DISCUSSION/STATEMENT FIRE PROTECTION DISTRICT Mayor Sisk addressed the recent events of the Louisville Fire Protection District and reviewed the history of the Protection District and the Louisville Volunteer Fire Department. He stated the citizens depend on City services including fire protection. He offered the Fire Protection District Board of Directors and the Volunteer Fire Department members the use of the City Council Chambers to meet and discuss their issues. He stated the meeting could be televised to enable both parties to discuss issues and speak to the residents. He proposed writing a letter to the Louisville Fire Protection District Board of Directors. There was Council consensus. RESOLULTION NO. 30, SERIES 2004 - A RESOLUTION AMENDING THE CITY'S WATER RATES AND CHARGES WITH RESPECT TO SEPARATE IRRIGATION TAPS USED FOR IRRIGATION OF COMMON AREAS IN DETACHED, SINGLE-FAMILY RESIDENTIAL DEVELOPMENTS Mayor Sisk requested a Staff presentation. Deputy City Manager Julie Boyd presented a redlined amended copy of Resolution No. 30, Series 2004 and reviewed the changes. She emphasized the changes were to the wordage and not the calculations. It was Staff's recommendation that the irrigation taps at The Springs at Coal Creek be billed at the residential water rates beginning with the year 2003 and that their annual irrigation bills be adjusted accordingly. COUNCIL COMMENT