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08-26-1991 Study Session CITY OF RICHFIELD, MINNESOTA CITY COUNCIL STUDY SESSION August 26, 1991 MEMBERS PRESENT: Martin Kirsch, Mayor; Ivan Ludeman; Kristal . Stokes; and William Bullock (arrived 6:07 ' p.m.) MEMBERS ABSENT: Michael Sandahl STAFF PRESENT: James Prosser, City Manager; Steven Devich, Administrative Services Director; Thomas P. Ferber, City Clerk; Donald Fondrick, Community Services Director; Byron Wallace, Community Development Director; and Jean Mitchell, Finance Manager. OTHERS PRESENT: Cliff Hoffman and Harb Bina, Deloitte & Touche. The meeting was called to order by Mayor Kirsch at 6:00 p.m. Item #I PRESENTATION OF 1990 COMPREHENSIVE ANNUAL FINANCIAL REPORT. S.S. LETTER NO. 40 1 Cliff Hoffman, Deloitte & Touche, presented the City Council with the Management Letter accompanying the previously distributed 1990 Comprehensive Annual Financial Report. He summarized and answered questions regarding the 1990 Comprehensive Annual Financial Report, the audit performed by Deloitte & Touche, and the auditor's observations and recommendations. . ADJOURNMENT The meeting was adjourned by Date Approved : 9/ 9/ 91 unanimous consent at 6:55 p.m. ~~~ ~ 6 Martin J. irsch Mayor ~ ~ ~'~. Thomas P. Ferber J es D. Prosser City Clerk C ty Manager