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HomeMy WebLinkAbout2006 CC RESO 2006-239 CDCRESOLUTION NO. 2006 — 239 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY AUTHORIZING THE BOARD TO ACCEPT AND FILE THE MORGAN SQUARE INDEPENDENT AUDIT REPORT FOR YEAR ENDING DECEMBER 31, 2006, CONDUCTED BY SONNENBERG & COMPANY, CPAS DATED JULY 28, 2006 WHEREAS, Morgan Square, Inc., is a property business improvement district and operates under an agreement with the Community Development Commission of the City of National City (CDC); and WHEREAS, the district includes 153 parcels representing 96 property owners led by a thirteen member Board of Directors, and operations began in May 2005; and WHEREAS, Sonnenberg & Company, CPAs conducted an audit in accordance with the standards generally accepted in the Unites States; and WHEREAS, Sonnenberg & Company, CPAs concluded in their opinion, the financial statements referred to in the audit present fairly, in all material respects, the financial position of Morgan Square, Inc., as of December 31, 2005, and the results of its operations and its cash flow for the year ended in conformity with accounting principles generally accepted in the United States. NOW, THEREFORE, BE IT RESOLVED, that the Community Development Commission Board accepts and files the Morgan Square Independent Audit Report conducted for year ending December 31, 2005, conducted by Sonnenberg & Company, CPAs dated July 28, 2006. PASSED and ADOPTED this 2151 day of November, 2006. ubza,PChairman APPROVED AS TO FORM: George H. Eiser, III Legal Counsel Passed and adopted by the Community Development Commission of National City, California, on November 21, 2006, by the following vote, to -wit: Ayes: Councilmembers Inzunza, Morrison, Natividad, Parra. Nays: None. Absent: Zarate. Abstain: None. AUTHENTICATED BY: By: nt Commission Secretary velopment Commission Deputy I HEREBY CERTIFY that the above and foregoing is a (Full, true and correct copy of RESOLUTION NO. 2006-239 of the Community Development Commission of the City of National City, California, passed and adopted on Noveniber 21, 2006. Secretary Community Development Commission By: Deputy RESOLUTION NO. 2006 — 239 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY AUTHORIZING THE BOARD TO ACCEPT AND FILE THE MORGAN SQUARE INDEPENDENT AUDIT REPORT FOR YEAR ENDING DECEMBER 31, 2006, CONDUCTED BY SONNENBERG & COMPANY, CPAS DATED JULY 28, 2006 WHEREAS, Morgan Square, Inc., is a property business improvement district and operates under an agreement with the Community Development Commission of the City of National City (CDC); and WHEREAS, the district includes 153 parcels representing 96 property owners led by a thirteen member Board of Directors, and operations began in May 2005; and WHEREAS, Sonnenberg & Company, CPAs conducted an audit in accordance with the standards generally accepted in the Unites States; and WHEREAS, Sonnenberg & Company, CPAs concluded in their opinion, the financial statements referred to in the audit present fairly, in all material respects, the financial position of Morgan Square, Inc., as of December 31, 2005, and the results of its operations and its cash flow for the year ended in conformity with accounting principles generally accepted in the United States. NOW, THEREFORE, BE IT RESOLVED, that the Community Development Commission Board accepts and files the Morgan Square Independent Audit Report conducted for year ending December 31, 2005, conducted by Sonnenberg & Company, CPAs dated July 28, 2006. PASSED and ADOPTED this 21 &` day of November, 2006. Neck (hzu4�za, Chairman APPROVED AS TO FORM: George H. Eiser, Ill Legal Counsel Passed and adopted by the Community Development Commission of National City, California, on November 21, 2006, by the following vote, to -wit: Ayes: Councilmembers Inzunza, Morrison, Natividad, Parra. Nays: None. Absent: Zarate. Abstain: None. AUTHENTICATED BY: NICK INZUNZA Chairman Community Develo ent Commission Secretary velopment Commission By: Deputy I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2006-239 of the Community Development Commission of the City of National City, California, passed and adopted on November 21, 2006. Secretary Community Development Commission By: Deputy