HomeMy WebLinkAbout02 - Confirmations
STANDARD FORM TO CONFIRM COLLATERAL ACCOUN
T
INFORMATION WITH CUSTODIAL INSTITUTION
S
Cit of Brookln
yy
In connection with the audit of the financial statements of the
CenterDecember 31, 2006
,
, as ofand for the year then ended, we have
advised our auditors of the information listed below, which we believe is a complet
and accurate description of the securities pledged and held as collateral to secure
Federal Reserve Bank
Financialdeposits in checking and savings accounts, certificates of or time deposits as of
Wholesale Oerations S-2
p
Institution'sthe close of business on December 31, 2006. Although we do not request nor do
600 Atlantic Avenue
Name andwe expect you to conduct a comprehensive, detailed search of your records, if
Boston, Massachusetts 02106
Addressduring the process of completing this confirmation additional information about
other securities held as collateral by your institution comes to your attention,
please include such information below. Please use the enclosed envelope to
Fax #1-877-973-8972
return this form directly to our auditors.
Wells Faro Bank
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At the close of business on the date listed above, our records indicated the following securities delivered to you by
ABA 121000248
Wells Faro Bank
.
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and held as collateral to secure the deposits of the City of Brooklyn Center at
MaturityValue of Security Pledged
Description of Securities PledgedDateMarketCurrent Face (Par)
31408EFD9 FNMS 06.000 CL84896401-01-36
36202DM40 GNII SF 003079 M05-20-31
Treasurer - Cit of Brookln Center
yy
I952
Name in which collateral is held:Pledgee Account Number:
Please confirm whether the information about collateral pledged to secure deposits presented above is correct by signing and returning this letter directly to
our auditors HLB TAUGES REDPATH, LTD, 4810 White Bear Avenue, White Bear Lake, MN 55110.
If you have any questions, please contact Dan Jordet at the City of Brooklyn Center - 763-569-3345.
Thank you for your cooperation.
Januar 2, 2007
y
(Authorized Signature)(Date)
The above information regarding securities pledged to secure deposits with the financial institution indicated agrees with the records of this institution.
Although we have not conducted a comprehensive, detailed search of our records, no information about other securities pledged to secure deposits came
to our attention except as noted below:
(Financial Institution's Authorized Signature)(Date)
(Title)(Phone)
January 2, 2007
Mr. Charles LeFevre
Kennedy & Graven, Chartered
470 U.S. Bank Plaza
200 South Sixth Street
Minneapolis, MN 55402
Dear Mr. LeFevre,
Our auditors, HLB TAUTGES REDPATH, LTD., 4810 White Bear Parkway, White Bear Lake,
Minnesota 55110, are conducting an audit of our financial statements for the year ended
December 31, 2006. In connection therewith, please inform them regarding the following as of
December 31, 2006.
1. Nature and amount involved in any pending lawsuits, claims or other actions in which
the City is a defendant.
2. Your opinion as to the probable outcome of such suits, claims and actions and of the
City’s liability thereunder.
3. Nature and amount of any other direct or indirect liabilities of the City of which you may
have knowledge.
4. Pending litigation in which the City is the plaintiff.
5. The total amount of any unpaid fees and expenses, billed or unbilled, due to you as of
December 31, 2006.
6. Lawsuits or litigation instituted between December 31, 2006 and the date of your reply.
Your prompt response to this request will be appreciated. A return envelope is enclosed for your
convenience.
Sincerely,
Clara Hilger
Assistant Finance Director
January 2, 2007
Ms. Susie Lockwood
Client Services
MBIA Asset Management
113 King Street
Armonk, NY 10504
Dear Ms. Lockwood:
Our auditors, HLB TAUGES REDPATH, LTD., 4810 White Bear Parkway, White Bear Lake,
MN 55110, are conducting their annual audit of our accounts. In connection with their audit,
please provide the balances of these accounts as of December 31, 2006.
Account #Balance at 12-31-06
4M FundMN-01-0026-0001$
4M Plus FundMN-01-0026-2001$
In addition, please indicate in the space provided below whether or not the 4M Fund
investments include derivative financial instruments.
Your cooperation in this matter will be greatly appreciated. Please send your reply directly to
HLB TAUGES REDPATH, LTD. A return envelope is enclosed for your convenience.
Sincerely,
Clara Hilger
Assistant Finance Director
The above information is correct according to our records.
Date: Signature:
Title:
Name Address City Greeting
Councilmember Kathleen 7024 Knox Brooklyn Center, Councilmember Carmody
Carmody Avenue North MN 55430
Councilmember Kay Lasman 4407 Woodbine Brooklyn Center, Councilmember Lasman
Lane MN 55429
Councilmember Diane Niesen 5107 East Twin Brooklyn Center, Councilmember Niesen
Lake Boulevard MN 55429
Councilmember Mary 5429 Lyndale Brooklyn Center, Councilmember O’Connor
O’Connor Avenue North MN 55430
Mayor Myrna Kragness 3401 63rd Avenue Brooklyn Center, Mayor Kragness
North MN 55429
2 January 2007
Mayor Myrna Kragness
3401 63rd Avenue North
Brooklyn Center, MN 55429
Dear Mayor Kragness,
In connection with the audit of our 2006 Financial Statements our auditors have
asked for information from the Mayor and each Council Member. This
information is standard inquiry information and is requested of all Mayors and
Council Members in connection with our audits every year. The enclosed form is
designed to obtain information about any potential interest of the Mayor or
Council Members in financial transactions with the City. Please fill in the
enclosed form, sign it and return it to the audit firm in the enclosed envelope.
The City of Brooklyn Center has an obligation to disclose related party
transactions in order to present its financial statements in conformity with
generally accepted accounting principals. Completing, signing and returning the
form will benefit you, the City and other responsible officials by helping to
protect against substandard disclosure as well as possible legal liability.
Thank you for your help. If you have any questions please contact the City
Manager or me.
Sincerely,
Daniel Jordet
Director of Fiscal & Support Services
enclosure
DJ:cah
Mayor Myrna Kragness
January 2, 2007
LETTER OF REPRESENTATION
To document awareness of (and compliance with) Minnesota Statute, Section 471.87 (Public Officers, Interest in
Contract; Penalty) and Section 13D.01 (Minnesota Open Meeting Law) and related legislation, our auditors are
requesting all elected officials of the City to sign this letter. We will retain this letter on file to document City
awareness of (and compliance with) Minnesota Statutes, Section 471.8 and Section 13D.01 and related legislation.
We have attached excerpts of Minnesota Statutes for your reference.
I have read the attached Minnesota Statutes, Section 471.87, 471.88, 471.881, 471.89, 412.311 and 365.37. I
understand that the term "contract" includes the purchase of goods and services.
Please Check A or B
A.
To the best of my knowledge, during the preceding calendar year, I or a direct member of my family,
have not voluntarily had a personal financial interest in the making of a sale, lease and/or contract of the
City nor have I or a direct member of my family, personally benefited from any such transaction.
OR
B.
To the best of my knowledge, during the preceding calendar year, I or a direct member of my family,
have (had) a personal financial interest in the making of a sale, lease and/or contract of the City and/or
have personally benefited financially from such a transaction. The circumstances and statutory
exception (authority) for all such financial interest are described as follows:
Signed Title
Date
I have read the attached Minnesota Statute Sections 13D.01 and 13D.03.
To the best of my knowledge, during the preceding calendar year, all meetings of the City Council and any
committees of the City Council complied with the Minnesota Open Meeting Law, except as described below:
Signed Title
Date
471.87 PUBLIC OFFICERS, INTEREST IN CONTRACT; PENALTY.
Except as authorized in section 471.88, a public officer who is authorized to take part in any manner in
making any sale, lease, or contract in official capacity shall not voluntarily have a personal financial interest in that
sale, lease, or contract or personally benefit financially therefrom. Every public officer who violates this provision
is guilty of a gross misdemeanor.
History:
1951 c 379 s 1; 1955 c 41 s 1; 1986 c 444
471.88 EXCEPTIONS
Coverage.
Subdivision 1. The governing body of any port authority, seaway port authority, economic
development authority, town, school district, hospital district, county, or city, by unanimous vote, may contract for
goods or services with an interested officer of the governmental unit in any of the following cases.
Bank or Savings Association.
Subdivision 2. In the designation of a bank or savings association in which
the officer is interested as an authorized depository for public funds and as a source of borrowing, no restriction
shall apply to the deposit or borrowing of any funds or the designation of a depository by such authority or
governmental unit in any bank or savings association in which a member of an authority or officer of a
governmental unit shall have an interest if such deposited funds are protected in accordance with chapter 118A;
provided, however, that any member or officer having such an interest shall disclose that the member is a director or
employee of the bank or savings association, which disclosure shall be entered upon the minutes of the authority or
governmental unit, such disclosure shall be made when such bank or savings association is first designated as a
depository or as a source of borrowing, or when such member or officer is elected whichever is later, and such
disclosure shall serve as notice of such interest and need not be made with each successive transaction.
Official Newspaper.
Subdivision 3. The designation of an official newspaper, or publication of official
matters therein, in which the officer is interested when it is the only newspaper complying with statutory or charter
requirements relating to the designation or publication;
Cooperative Association.
Subdivision 4. A contract with a cooperative association of which the officer is a
shareholder or stockholder but not an officer or manager.
Contract with no bids required.
Subdivision 5. A contract for which competitive bids are not required by
law.
Contract with Volunteer Fire Department.
Subdivision 6. A contract with a volunteer fire department for
the payment of compensation to its members or for the payment of retirement benefits to these members;
Contract with Municipal Band.
Subdivision 7. A contract with a municipal band for the payment of
compensation to its members;
Subdivision 8. [Repealed, 1992 c 380 s 8];
Import, Export, Trade; Port Commissioner.
Subdivision 9. When a port authority commissioner or
economic development authority commissioner is engaged in or employed by a firm engaged in the business of
importing or exporting or general trade, it shall be lawful for the authority to do business with the commissioner or
the commissioner's employer provided that in the fixing of any rates affecting shippers or users of the terminal
facility, said commissioner shall not vote thereon.
Import, Export, Trade; Seaway Port.
Subdivision 10. When a seaway port authority commissioner is
engaged in or employed by a firm engaged in the business of importing or exporting or general trade, it shall be
lawful for the authority to do business with the commissioner or the commissioner's employer provided that in the
fixing of any rates affecting shippers or users of the terminal facility, said commissioner shall not take part in the
determination of, except to testify, nor vote thereon.
Bank loans or trust services.
Subdivision 11. When a commissioner of any public housing, port authority,
or economic development authority is employed by a bank engaged in making loans or performing trust services
involving real or personal property affected by any plan or such housing or port authority, no restriction shall apply
to any such loans made or trust services performed by said bank if the commissioner shall disclose the nature of
such loans or trust services of which the commissioner has personal knowledge, which disclosure shall be entered
upon the minutes of such authority.
Population of 1,000 or less.
Subdivision 12. An officer of a government unit may contract with the unit to
provide construction materials or services, or both, when the sealed bid process is used and the unit has a population
of 1,000 or less according to the last federal census. The officer may not vote on the question of the contract when
it comes before the governing body for consideration.
Rent.
Subdivision 13. A public officer may rent space in a public facility at a rate commensurate with that
paid by other members of the public.
Local development organization.
Subdivision 14. (a) For the purposes of this subdivision:
(1) “local development organization” means a housing and redevelopment authority, economic development
authority, community action program, port authority, or private consultant; and
(2) “government unit” has the meaning given in section 471.59, subdivision 1.
(b) When a local development organization administers a loan or grant program for individual property
owners within the geographical boundaries of a government unit by an agreement entered into by the government
unit and the local development organization, an officer of the government unit may apply for a loan or grant from
the local development organization. If an officer applies for a loan or grant, the officer must disclose as part of the
official minutes of a public meeting of the governmental unit that the officer has applied for a loan or grant.
Franchise agreement.
Subdivision 15. When a home rule charter or statutory city and a utility enter into a
franchise agreement or a contract for the provision of utility services to the city, a city council member who is an
employee of the utility is not precluded from continuing to serve as a city council member during the term of the
franchise agreement or contract if the council member abstains from voting on any official action relating to the
franchise agreement or contract and discloses the member's reason for abstention in the official minutes of the
council meeting.
Renumbered.
Subdivision 16. 123B.195
Federal or state grant programs.
Subdivision 17. The governing body may apply for and accept a state or
federal grant for housing, community, or economic development in which a public officer may benefit, if the public
officer abstains from voting on measures related to the grant.
Small cities in St. Louis county; certain federal funding programs.
Subdivision 18. If a city with a
population of 5,000 or less in St. Louis county administers a loan or grant program with community development
block grant funds or federal economic development administration funds for property owners within the geographic
boundaries of the city, the city may make a grant or loan from these funds to a public officer of the city who applies,
if the public officer first discloses, as part of the official minutes of a meeting of the city, that the public officer has
applied for the funds and the public officer abstains from voting on the public officer’s application.
Loan for HRA officer, if disclosed
Subdivision 19. . If a city or county housing and redevelopment
authority, or an agency having powers of a city or county housing and redevelopment authority, administers a loan
or grant program with state or federal funds, the authority may make a grant or loan from these funds to a public
officer of the authority who applies, if the public officer first discloses, as part of the official minutes of a meeting
of the authority, that the public officer has applied for the funds and the public officer abstains from voting on the
public officer’s application.
Township supervisor is employee of contractor
Subdivision 20. . A township may enter into a contract
governed by section 471.345, even if a township supervisor is an employee of the contractor as long as the
supervisor had no role in preparing the contractor’s bid or negotiation for the contract with the township. The
supervisor is not precluded from continuing to serve as a township official during the term of the contract if the
township supervisor abstains from voting on any official action relating to the contract and discloses the
supervisor’s reason for the abstention in the official minutes of the township meeting.
History:
1961 c 651 s 1; 1965 c 806 s 1-4; 1969 c 26 s 1; 1973 c 123 art 5 s 7; 1977 c 55 s 1-3; 1978 c 651
s 1; 1979 c 20 s 1; 1986 c 399 art 2 s 38-40; 1986 c 400 s 38-40; 1986 c 444; 1Sp1986 c 3 art 2 s 41; 1991 c 65 s
1,2; 1992 c 380 s 7; 1992 c 522 s 42, 43; 1993 c 224 art 9 s 43; 1996 c 471 art 7 s 18; 1998 c 269 s 1; 2001 c 7 s
90; 2001 c 132 s 1,2; 2002 c 356 s 1
471.881 EXCEPTIONS; APPLICATION.
The exceptions provided in section 471.88 shall apply notwithstanding the provisions of any other statute or
city charter.
History:
1967 c 18 s 1
471.89 CONTRACT, WHEN VOID.
Procedure followed.
Subdivision 1. A contract made pursuant to section 471.88, subdivision 5, is void
unless the procedure prescribed by subdivisions 2 and 3 is followed.
Resolution by governing body.
Subdivision 2. Except in an emergency making such procedure
impracticable, the governing body of the governmental unit shall authorize the contract in advance of its
performance by adopting a resolution setting out the essential facts and determining that the contract price is as low
as or lower than the price at which the commodity or services could be obtained elsewhere. In case of an
emergency when the contract cannot be authorized in advance, payment of the claims shall be authorized by a like
resolution in which the facts of the emergency are also stated.
Claims, affidavits filed.
Subdivision 3. Before such a claim is paid, the interested officer shall file with the
clerk of the governing body an affidavit stating:
(a) The name of the officer and the office held by the officer;
(b) An itemization of the commodity or services furnished;
(c) The contract price;
(d) The reasonable value;
(e) The interest of the officer in the contract; and
(f) That to the best of the officer's knowledge and belief the contract price is as low as, or lower than, the
price at which the commodity or services could be obtained from other sources.
History:
1951 c 379 s 3; 1965 c 45 s 64-66; 1967 c 125 s 1,2; 1978 c 651 s 2,3; 1986 c 444
412.311 CONTRACTS.
Except as provided in sections 471.87 to 471.89, no member of a council shall be directly or indirectly
interested in any contract made by the council. Whenever the amount of a contract for the purchase of merchandise,
materials or equipment or for any kind of construction work undertaken by the city is estimated to exceed the
amount specified by section 471.345, subdivision 3, the contract shall be let to the lowest responsible bidder, after
notice has been published once in the official newspaper at least ten days in advance of the last day for the
submission of bids. If the amount of the contract exceeds $1,000, it shall be entered into only after compliance with
section 471.345.
History:
1949 c 119 s 38; 1951 c 378 s 11; 1951 c 379 s 5; 1953 c 735 s 5; 1957 c 429 s 1; 1965 c 175 s 1;
1973 c 123 art 2 s 1 subd 2; 1976 c 44 s27; 1992 c 380 s 2
365.37 CONFLICTS, BIDS, EMERGENCIES, PENALTY, REMOVAL
No conflicts; exceptions.
Subdivision 1. Except as provided in sections 471.87 to 471.89, a supervisor or
town board must not be a party to, or be directly or indirectly interested in, a contract made or payment voted by the
town board.
To lowest responsible bidder.
Subdivision 2. A contract let on bid must be let to the lowest responsible
bidder.
Notice.
Subdivision 3. Before a contract is let on bid, ten days' public notice of the time and place of
receiving bids must be given. The notice must be posted in the three most public places in the town or published for
two weeks in a newspaper generally circulated in the town.
Special emergency exception.
Subdivision 4. If a special emergency comes up, a contract may be let
without notice or competitive bidding. A special emergency is a situation requiring immediate action essential to
the health, safety, or welfare of the town.
Violation; misdemeanor and removal.
Subdivision 5. A contract made or payment voted or made contrary
to this section is void. A town officer who violates this section is guilty of a misdemeanor and must leave office.
History:
(1096) RL s 688; 1913 c 164 s 1; 1951 c 74 s 1; 1951 c 379 s 4; 1957 c 76 s 1; 1984 c 562 s 15;
1985 c 169 s 8; 1Sp1985 c 16 art 2 s 11; 1987 c 90 s 3; 1987 c 229 art 8 s 1
13D.01 MEETINGS MUST BE OPEN TO THE PUBLIC; EXCEPTIONS
In executive branch, local government.
Subdivision 1. All meetings, including executive sessions, must
be open to the public:
(a)of a state:
(1)agency,
(2)board,
(3)commission, or
(4)department,
when required or permitted by law to transact public business in a meeting;
(b)of the governing body of a;
(1)school district however organized,
(2)unorganized territory,
(3)county,
(4)statutory or home rule charter city,
(5)town, or
(6)other public body;
(c)of any:
(1)committee,
(2)subcommittee,
(3)board,
(4)department, or
(5)commission,
of a public body; and
(d)of the governing body or a committee of:
(1)a statewide public pension plan defined in section 356A.01, subdivision 24; or
(2)a local public pension plan governed by section 69.77, sections 69.771 to 69.775, or chapter
354A, 422A, or 423B.
Exceptions.
Subdivision 2. This chapter does not apply:
(1)to meetings of the commissioner of corrections;
(2)to a state agency, board, or commission when it is exercising quasi-judicial functions involving
disciplinary proceedings; or
(3)as otherwise expressly provided by statute.
Subject of and grounds for closed meeting.
Subdivision 3. Before closing a meeting, a public body shall
state on the record the specific grounds permitting the meeting to be closed and describe the subject to be discussed.
Votes to be kept in journal.
Subdivision 4. (a) the votes of the members of the state agency, board,
commission, or department; or of the governing body, committee, subcommittee, board, department, or commission
on an action taken in a meeting required by this section to be open to the public must be recorded in a journal kept
for that purpose.
(b)The vote of each member must be recorded on each appropriation of money, except for payments of
judgments, claims, and amounts fixed by statute.
Public access to journal.
Subdivision 5. The journal must be open to the public during all normal business
hours where records of the public body are kept.
Public copy of members’ materials.
Subdivision 6. (a) In any meeting which under subdivisions 1, 2, 4,
and 5, and section 13D.02 must be open to the public, at least one copy of any printed materials relating to the
agenda items of the meeting prepared or distributed by or at the direction of the governing body or its employees
and:
(1)distributed at the meeting to all members of the governing body;
(2)distributed before the meeting to all members; or
(3)available in the meeting room to all members;
shall be available in the meeting room for inspection by the public while the governing body considers their
subject matter.
(b) This subdivision does not apply to materials classified by law as other than public as defined in
chapter 13, or to materials relating to the agenda items of a closed meeting held in accordance with the
procedures in section 13D.03 or other law permitting the closing of meetings.
History
:1957 c 773 s 1; 1967 c 462 s 1; 1973 c 123 art 5 s 7; 1973 c 654 s 15; 1973 c 680 s 1,3; 1975 c
271 s 6; 1981 c 174 s 1; 1983 c 137 s 1; 1983 c 274 s 18; 1984 c 462 s 27; 1987 c 313 s 1; 1990 c 550 s 2,3; 1991 c
292 art 8 s 12; 1991 c 319 s 22; 1994 c 618 art 1 s 39; 1997 c 154 s 2; 1Sp2001 c 10 art 4 s 1
13D.03 CLOSED MEETINGS FOR LABOR NEGOTIATIONS STRATEGY
Procedure
Subdivision 1. . (a) Section 13D.01, subdivisions 1, 2, 4, 5, and section 13D.02 do not apply to a
meeting held pursuant to the procedure in this section.
(b)The governing body of a public employer may by a majority vote in a public meeting decide to hold a
closed meeting to consider strategy for labor negotiations, including negotiation strategies or
developments or discussion and review of labor negotiation proposals, conducted pursuant to sections
179A.01 to 179A.25.
(c)The time of commencement and place of the closed meeting shall be announced at the public meeting.
(d)A written roll of members and all other persons present at the closed meeting shall be made available to
the public after the closed meeting.
Meeting must be recorded
Subdivision 2. . (a) the proceedings of a closed meeting to discuss negotiation
strategies shall be tape-recorded at the expense of the governing body.
(b)The recording shall be preserved for two years after the contract is signed and shall be made available to
the public after all labor contracts are signed by the governing body for the current budget period.
If violation claimed
Subdivision 3. . (a) if an action is brought claiming that public business other than
discussions of labor negotiation strategies or developments or discussion and review of labor negotiation proposals
was transacted at a closed meeting held pursuant to this section during the time when the tape is not available to the
public, the court shall review the recording of the meeting in camera.
(b)If the court finds that this section was not violated, the action shall be dismissed and the recording shall
be sealed and preserved in the records of the court until otherwise made available to the public pursuant
to this section.
(c)If the court finds that this section was violated, the recording may be introduced at trial in its entirety
subject to any protective orders as requested by either party and deemed appropriate by the court.
History
:1957 c 773 s 1; 1967 c 462 s 1; 1973 c 123 art 5 s 7; 1973 c 654 s 15; 1973 c 680 s 1,3; 1975 c
271 s 6; 1981 c 174 s 1; 1983 c 137 s 1; 1983 c 274 s 18; 1984 c 462 s 27; 1987 c 313 s 1; 1990 c 550 s 2,3; 1991 c
292 art 8 s 12; 1991 c 319 s 22; 1994 c 618 art 1 s 39; 1997 c 154 s 2
January 2, 2007
Taxpayer Services – Settlements
Hennepin County Government Center
300 S. Sixth St., A-600
Minneapolis, MN 55487-0060
In connection with the audit of our accounts, will you please provide the following information as of
December 31, 2006.
Report Contains the following information
2001through 2006 Tax receivable ledger summary, for each year 2001 through 2006.
S06RP01 Dollar amount: Settlement ad valorem & special assessments
Table X Tax levies extended, rates
S04SS01A Fiscal disparity, adjustments, tax capacity, valuations
S02RP02 Increment finance settlement report
S10RP01 Tax increment percentages
PI424201 Delinquent Tax Increment Report
Market/Tax Capacity Values Final values and tax capacity values for taxes payable 2006
PIDK48YE Deferred special assessments
PIDK46YE Delinquent special assessments
PI373901 Prepayments (after all prepayments have been posted, please)
PI373101 New special assessments
P1423801 Special assessments delinquent receivable(run in 2007)
PI375401 Specials by municipality, levy and project
Please contact me at 763-569-3352 if you have any questions.
A return envelope is enclosed for your convenience. You may also e-mail this information to me
at chilger@ci.brooklyn-center.mn.us or fax to 763-569-3337. Thank you for your help, it is greatly
appreciated.
Sincerely,
Clara Hilger
Assistant Finance Director
enclosure
January 2, 2007
Taxpayer Services – Settlements
Hennepin County Government Center
300 S. Sixth St., A-600
Minneapolis, MN 55487-0060
Our auditors, HLB TAUTGES REDPATH, LTD., 4810 White Bear Parkway, White Bear Lake, MN
55110, are conducting their annual audit of our accounts. In connection with their audit, will you
please confirm and provide the following information as of December 31, 2006.
Report Contains the following information
Ledger; by year, dollar amounts for personal property, real estate, and special
2000 through 2005
assessments, if any. Original levy, adjustments, collections and delinquencies.
PIDK0048 Deferred special assessments
PIDK0046 Delinquent special assessments
PI373901 Prepayments
PI373101 New special assessments
Market Value Final market values for 2005
P1423801 Special assessments delinquent receivable
S02RP02 Increment finance settlement report
S04SS01A Fiscal disparity, adjustments, tax capacity, valuations
S06RP01 Dollar amount: Settlement ad valorem & special assessments
S10RP01 Tax increment percentages
Table X Tax levies extended, rates
PI375401 Specials by municipality, levy and project
I would also request that a copy of this information be sent to my attention at the address above.
Your cooperation in this matter will be greatly appreciated. A return envelope is enclosed for your
convenience.
Sincerely,
Clara Hilger
Assistant Finance Director
enclosure
STANDARD FORM TO CONFIRM ACCOUNT BALANC
E
INFORMATION AND COLLATERAL WITH FINANCIAL INSTITUTION
S
Cit of Brookln Cente
yyr
We have provided to our auditors the following information as of the close of
December 31, 2006
business on, regarding our deposit balances. Please confirm
the accuracy of the information, noting any exceptions to the information provided. If
Wells Faro Bank Public Funds Administration
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the balances have been left blank, please complete this form by furnishing the
333 Market Street
balance in the appropriate space below.* Although we do not request nor do we
MAC A0119-173
expect you to conduct a comprehensive, detailed search of your records, if during the
San Franciscio, CA 94105
process of completing this confirmation additional information about other deposits
we may have with you comes to your attention, please include such information
below. Please use the enclosed envelope to return this form directly to our auditors.
1. At the close of business on the date listed above, our records indicated the following deposit balance(s):
ACCOUNT NAMEACCOUNT NO.INTEREST RATEBALANCE *
General Fund000-1010016
Paroll Account000-1010008
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Staecoach Sweep000-1010016
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2. At the close of business on the dated listed above, our records indicated the following collateral pledged:
VALUE OF SECURITY PLEDGED
DESCRIPTIONMATURITY DATECURRENT FACEMARKET
31408EFD9 FNCL 84896401/01/2036
36202DM40 G2SF 3079 6.0005/20/2031
Federal Reserve Bank of Boston
Collateral is held by:
Treasurer - Cit of Brookln Center
yy
Name in which collateral is held:
January 2, 2007
(Customer's authorizing signature)(Date)
The information presented above by the customer is in agreement with our records. Although we have not conducted a comprehensive, detailed search of our records, no other
deposit accounts have come to our attention except as noted above.
(Financial institution authorized signature)(Date)
(Title)(Phone)
Please return this form directly to the our auditors:
HLB Taues Redpath, Ltd.
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ttention: And Herin
Ayg
4810 White Bear Avenue
White Bear Lake, MN 55110
* Ordinarily, balances are intentionally left blank if they
are not available at the time the form is prepared.
STANDARD FORM TO CONFIRM ACCOUNT BALANC
E
INFORMATION AND COLLATERAL WITH FINANCIAL INSTITUTION
S
Cit of Brookln Cente
yyr
We have provided to our auditors the following information as of the close of
December 31, 2006
business on, regarding our deposit balances. Please confirm
the accuracy of the information, noting any exceptions to the information provided. If
Wells Faro Bank, N.A.
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the balances have been left blank, please complete this form by furnishing the
PO Box 340214
balance in the appropriate space below.* Although we do not request nor do we
MAC #A0774-011
expect you to conduct a comprehensive, detailed search of your records, if during the
Sacramento, CA 95834
process of completing this confirmation additional information about other deposits
we may have with you comes to your attention, please include such information
below. Please use the enclosed envelope to return this form directly to our auditors.
1. At the close of business on the date listed above, our records indicated the following deposit balance(s):
ACCOUNT NAMEACCOUNT NO.INTEREST RATEBALANCE *
General Fund000-1010016
Paroll Account000-1010008
y
Staecoach Sweep000-1010016
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2. At the close of business on the dated listed above, our records indicated the following collateral pledged:
VALUE OF SECURITY PLEDGED
DESCRIPTIONMATURITY DATECURRENT FACEMARKET
31408EFD9 FNCL 84896401/01/2036
36202DM40 G2SF 3079 6.0005/20/2031
Federal Reserve Bank of Boston
Collateral is held by:
Treasurer - Cit of Brookln Center
yy
Name in which collateral is held:
January 2, 2007
(Customer's authorizing signature)(Date)
The information presented above by the customer is in agreement with our records. Although we have not conducted a comprehensive, detailed search of our records, no other
deposit accounts have come to our attention except as noted above.
(Financial institution authorized signature)(Date)
(Title)(Phone)
Please return this form directly to the our auditors:
HLB Taues Redpath, Ltd.
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ttention: And Herin
Ayg
4810 White Bear Avenue
White Bear Lake, MN 55110
* Ordinarily, balances are intentionally left blank if they
are not available at the time the form is prepared.
January 2, 2007
Cynthia Chamberlain
Wells Fargo Business Banking
1221 Nicollet Mall
Minneapolis, MN 55403
Dear Cynthia,
Our auditors, HLB Tautges Redpath, Ltd., Certified Public Accountants, 4810 White Bear
Parkway, White Bear Lake, MN 55110, are conducting their annual audit of our accounts as of
December 31, 2006. Under the Financial Institutions Reform, Recovery, and Enforcement Act
(FIRREA), Section 123(e), a security agreement, including a pledge of collateral for a deposit, is
not valid against the FDIC unless it satisfies the following requirements:
1) It must be in writing,
2) It must be approved by the depository institution’s board of directors or loan committee
& that approval must be reflected in the minutes of the board or committee, and
3) It must be an official record of the depository institution since it was executed.
Please confirm in the space provided below that your financial institution is following the above
procedures as they relate to collateralization of Public Funds.
Please include a copy of the board or committee resolution which approves the
assignment of collateral.
Please return this letter directly to HLB Tautges Redpath, Ltd. A return envelope is enclosed for
your convenience in replying. Thank you for your assistance.
Sincerely,
Clara Hilger
Assistant Finance Director
enclosure
Wells Fargo Bank
January 2, 2007
Page 2
The procedures outlined above as they relate to collateralization of Public Funds are being
followed by our institution except as noted below. A copy of the board or committee resolution has
been included with this response.
Signature
Title
Date
January 2, 2007
Teresa Matson
Wells Fargo Bank, N.A.
Institutional Trust and Custody
801 Nicollet Mall, Suite 700
Minneapolis, MN 55479
Our auditors, HLB TAUTGES REDPATH, LTD., 4810 White Bear Avenue, White Bear Lake, MN
55110, are making an examination of our accounts. We would appreciate your furnishing them
with the following information:
1. A list and description of certificates of deposit or treasury notes owned by the City of
Brooklyn Center at December 31, 2006, and indicate whether those were physically held in
safekeeping. Please include purchase date, maturity date, stated interest, interest rate, purchase
price, and market value.
2. A list and description of securities held in safekeeping for the City of Brooklyn Center at
December 31, 2006. Please include purchase date, maturity date, interest rate, purchase price,
and market value.
3. Securities pledged as collateral to the City of Brooklyn Center for their deposits during the
year ended December 31, 2006. Please include face value and market value of collateral at
December 31, 2006.
Thank you very much. A return envelope is enclosed for your convenience.
Sincerely,
Clara Hilger
Assistant Finance Director
enclosure