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<br /> ...... <br />REGULAR BUSINESS <br />PRESENTATION - THANK YOU TO COUNCIL - SPECIAL OLYMPICS <br />Bob Wright, Area Director of the Boulder County Special Olympics, <br />thanked the Council for the use of the Recreation Center for the <br />Regional Aquatics and Power Lifting meet that was held on Sunday, <br />May 5, 1991. <br />PRESENTATION - ARTS & HUMANITIES AWARD <br />Mayor Fauson: The Louisvil~e's Arts and Humanities Council <br /> has received an award in recognition of the <br /> Louisville Arts Festival. The award was <br /> presented by the Midwest Regional Council of <br /> the National Recreation and Park Association. <br /> Along with this award the Arts Festival will <br /> be considered for an award at the National <br /> Recreation Arts and Park Association in <br /> Baltimore in October. <br />PRESENTATION - COMPREHENSIVE ANNUAL FINANCIAL REPORT, 1990 - <br />BONDI & COMPANY <br />Kim Higgins, Bondi & Co. gave a brief presentation regarding the <br />findings of the 1990 audit. <br />Howard: Asked that a copy of the items to improve our bond rating <br />be issued to each of the Council members. Suggested that the <br />items for improvement that were listed in the Management Letter <br />be brought up before Council at a later date. <br />Mayor Fauson moved to accept the 1990 Audit as submitted, <br />seconded by Howard. All in favor. <br />PRESENTATION - CITY OF LOUISVILLE 1ST QUARTER 1991 FINANCIAL <br />REPORT - SHARON ASTI-CARANCI, FINANCE DIRECTOR <br />Asti-caranci: Updated City Council members on the City'S current <br />financial status. <br />Davidson: Compliment Sharon on the quarterly report. <br /> It helps us that are on the Finance Committee <br /> with where we are at and is very easy to <br /> understand. <br />Mayor Fauson: Concurred with Councilman Davidson. <br />Carnival: I have been at this for about 5 1/2 years and <br /> every year Sharon comes up with a new and <br /> different way to present this to Council. <br /> This is a job well done and would like to <br /> compliment you and your staff. <br /> 4 <br />