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HLB <br />Tautges Redpath, Ltd. <br />Certified Public Accountants and Consultants <br />Independent Auditor's Report on Compliance and on Internal Control <br />over Financial Reporting Based on an Audit of Financial Statements Performed <br />in Accordance with Government Auditing Standards <br />To the Honorable Mayor <br />and Members of the City Council <br />City of Lino Lakes, Minnesota <br />We have audited the financial statements of the City of Lino Lakes, Minnesota as of and for the <br />year ended December 31, 1997, and have issued our report thereon, dated April 2, 1998. We <br />conducted our audit in accordance with generally accepted auditing standards and the standards <br />applicable to financial audits contained in Government Auditing Standards, issued by the <br />Comptroller General of the United States. <br />Compliance <br />As part of obtaining reasonable assurance about whether the City of Lino Lakes, Minnesota's <br />financial statements are free of material misstatement, we performed tests of its compliance <br />with certain provisions of laws, regulations, contracts and grants, noncompliance with which <br />could have a direct and material effect on the determination of financial statement amounts. <br />However, providing an opinion on compliance with those provisions was not an objective of <br />our audit and, accordingly, we do not express such an opinion. The results of our tests <br />disclosed instances of noncompliance that are required to be reported under Government <br />Auditing Standards and which are described as follows: <br />Noncompliance with city contract <br />Under the terms of a contract originally dated in 1987, the City of Lino Lakes, <br />Minnesota has been, and continues to be, required to pay connection charges for <br />an area of the City which uses the infrastructure of a bordering City. The City of <br />Lino Lakes, Minnesota is required to remit these connection charges to the <br />bordering City. The City of Lino Lakes, Minnesota has been collecting the <br />connection charges but has not made any payments to the bordering City. The <br />bordering City was apparently unaware of their contractual rights. The City of <br />Lino Lakes, Minnesota's 1997 financial statements reflect a net liability of <br />$386,897 based on the settlement agreement approved May 26, 1998. <br />4810 White Bear Parkway, White Bear Lake, Minnesota 55110, USA Telephone: 612 426 7000 Fax: 612 426 5004 <br />HLB Tautges Redpath. t.td_ is a member of <br />nternationai A assn, ld -wide organisation of of Launtmg Turns are 9 islness advise <br />