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The Board�f Directors <br /> of the I�edev�lap�e�t Ager��y�f the City af Redwaod�ity . <br /> I�edw��d�ity,�alif�rnia <br /> Page� <br /> �am�liance arid�ther Matt��s <br /> As part �f �btai�ning reasonable assurance abaut �vhether the Agency's finan�ial stat�ments are free of mat�rial <br /> �i.sstatemen.t, we perf ormed tests of its compliance witll �ertain provisions �f laws, regulations, cantracts, and <br /> grant a�reements, n�nc�mpliance �nrith which cauld have a dir�ct and material effe�t �n the determinati�r� �f <br /> fi�nancial stat�ment amount�s. Such pr�visions irLCluded thos� pr�visi�ns �f 1a�nrs identified in the �ixidelir��s for <br /> �omplian�e�ludit�s of�alif�rnia R�d�velo�m��t.A.gencies,issued by the 5tat�Controller and as interpreted in the <br /> Suggested Auditing Pracedures f ar Ac�omplishin.g ��mpliance Audits of �alif orrv.a I�edevelopment Ag�ncies, <br /> issued b�r the �overnment�. Acc�un-�g arid Auditing �om�nitte� af the �alifornia Societ�r of �ertified Pu�li� <br /> Ac��untan.ts. However, providin.g an opinian on complian�� wxth those provisiar�.s was r��t art objecti.ve of �ur <br /> a�xdit, and a�corc�.ngl�, we do not e�press �uch ari �pir�i�n. The result of our tests dis�lased �.o instances �f <br /> noncompliar�ce or�ther matters that ar�required to��report�d-ur�.der Government Auditi.r��Star�dards. <br /> �Ve noted�ertain matters ider� ' 'ed as Co�tral deficiencies that w�reparted to management of the�ity i�a se�arat� <br /> letter dated�cto�er�.9,��D7. <br /> This report is itZte�.ded s�l.ely for the information and use �f management, th� �ity �our��il, �thers with�n the <br /> erit�t�, ar�d Th� State ��ntr�ller and is not intended t� �he arid should not �e used b�r anyor�e other than these <br /> spe�ified pa1-�es.H�wever,t�is re�vrt is a matter of public re��rd arid its distaributi�n is not limited. <br /> i � �� <br /> � <br /> �alC1a-r1d.,�al�fol-n1.a <br /> �ctober 19,���7 <br /> 4� <br />