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STUART I BONNIWELL <br /> Certified Public Accountant <br /> 400201 Wayzata Blvd.-Suite 235 No. Office:(612)545-1522 <br /> Minneapolis,MN 55305 The CPA.Never Underestlmate The Value" Fax: (612)545-8891 <br /> November 15, 1996 <br /> Mr. Roger A. Larson, Sr. <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 <br /> Housing and Redevelopment Authority of St. Anthony <br /> for the year ended December 31 , 1995, including <br /> 1 . Analyze investment activity, reconcile activity <br /> to investment schedules and general ledger; <br /> determine accreted interest amounts. <br /> • 2. Analyze tax settlements and other revenues and <br /> allocate revenues among projects. <br /> 3. Record contract for deed related to sale of <br /> property. <br /> 4. Review and analyze bonds issued in connection <br /> with Community Center project. <br /> 5. Analyze bond payments, assistance/subsidy pay- <br /> ments to developers and other expenditures and <br /> allocate among projects. <br /> 6. Update accounting records and supporting sche- <br /> dules maintained by project for current activity. <br /> 7. Discuss with management available funding sources <br /> to finance future initiatives and other financial <br /> matters related to Authority activities. <br /> Assist in preparation of state reporting forms for each <br /> of the tax increment finance districts. $2,450.00 <br /> Less progress billing (1 ,500.00) <br /> Balance Due $950.00 <br /> • <br />