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STUART J. BONNIWELL <br /> Certified Public Accountant <br /> 7101 York Avenue South Telephone <br /> Minneapolis, Minnesota 55435 (612) 921-3354 <br /> December 17, 1990 <br /> Mr. Roger A. Larson <br /> Finance Director <br /> Housing and Redevelopment Authority of St. Anthony <br /> 3301 Silver Lake Road <br /> St. Anthony, Minnesota 55418 <br /> Professional Services Rendered: <br /> Audit and preparation of financial report of the Housing <br /> and Redevelopment Authority of St. Anthony for the <br /> year ended December 31 , 1989, including the following <br /> accounting procedures: <br /> 1. Allocate investment income among the various <br /> projects of the Authority, <br /> 2. Analyze tax revenues and make proper allocation <br /> of revenues among projects, <br /> 3. Determine and record payables at year end, <br /> 4. Analyze activity between the Authority and City <br /> and make appropriate adjustments to accounts, <br /> 5. Review closing documents re: property acquisition <br /> and susequent sale to developer and prepare adjust- <br /> ments to properly record transactions, <br /> 6. Analyze revenues and expenditures for the year, <br /> classifying items among Authority projects, . <br /> 7. Update accounting records maintained by project <br /> and prepare supporting schedules for inclusion in <br /> the financial statements, and <br /> 8. Review project status with management and record <br /> adjustments to complete accounting for completed <br /> projects. $2,215.00 <br />