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CASSELBERRY CITY COMMISSION Minutes of April 27, 2015 — Regular Meeting Page 13 of 19 G. City Center Property Development Report No report. 9. RESOLUTIONS A. Resolution 15 -2728 — Comprehensive Annual Financial Report for Fiscal Year 2014 The City Clerk read Resolution 15 -2728 by title as follows: "A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF CASSELBERRY, FLORIDA, ACCEPTING THE COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR FISCAL YEAR ENDING SEPTEMBER 30, 2014; PROVIDING FOR CONFLICTS, SEVERABILITY, AND AN EFFECTIVE DATE." Staff Presentation: Finance Director Rebecca Bowman and Mr. William Blend of Moore Stephens Lovelace, PA, the City External Auditor, presented the Comprehensive Annual Financial Report (CAFR) for Fiscal Year ending September 30, 2014. Ms. Bowman advised that the Auditors had rendered an unmodified opinion that the City's financial statements for the Fiscal Year ending September 30, 2014 were in conformity with generally accepted accounting principles (GAAP) and were free of material misstatements. Mr. Blend provided the Commission with required communications regarding the Auditor's responsibilities, procedures and schedule, and then presented a brief overview of the City's financial statements, reporting on the City's net assets and liabilities and on the City's various fund balances. He concluded by stating that no material weaknesses or significant deficiencies had been identified and the financial statements showed good overall results for the Fiscal Year ending September 30, 2014. He expressed appreciation to staff for their cooperation throughout the audit. Budget Impact: There is no impact to the City Budget. Recommendation: The City Manager and the Finance Director recommended approval of Resolution 15- 2728. Audience Participation: No one came forward to address Resolution 15 -2728. MOTION: Commissioner Hufford moved to approve Resolution 15 -2728, as presented. Motion was seconded by Commissioner Aramendia. Motion carried unanimously by voice vote 5 -0. B. Resolution 15 -2729 — Piggyback Agreement with Layne Inliner for Gravity Sewer Lining for the Eastbroolc Betty Street and Sausalito Areas and Related Budget Amendment #15 -040 The City Clerk read Resolution 15 -2729 by title as follows: