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O-1962-641
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O-1962-641
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Last modified
11/2/2016 3:38:24 PM
Creation date
10/24/2006 10:33:12 AM
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Legislative Records
Legislative Type
Ordinance
Date
4/6/1962
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<br />/---.._-, <br /> <br />e <br /> <br />e <br /> <br />.~ of the System, but nothing herein shall be construed as preventing <br /> <br />---' <br /> <br />./'- -- -', <br /> <br />.. <br /> <br />.---............ <br /> <br />. <br /> <br />.-'- ~~. <br />r ., <br />. - <br />. . <br /> <br />. <br /> <br />the City from doing so. <br /> <br />10.04 - ACCOUNTS~. FISCAL YEAR, AND ACCOUNTING REPORTS: The City <br /> <br />shall keep proper records and accounts (separate from all other <br /> <br />records and accounts of the City) in which complete and correct <br /> <br />entries shall be made of all transactions relating to the System. <br /> <br />The City will operate the System on the basis of a fiscal year <br /> <br />ending June 30thj provided, however, that if the Home Rule Charter <br /> <br />of said City is hereafter changed or amended to provide a differ- <br /> <br />ent fiscal year, said fiscal year ending June 30th shall be <br /> <br />changed to the fiscal year as provided or specified in said <br /> <br />Charter as so changed or amended. Not later than 90 days after <br /> <br />the close of each fiscal year, the City will furnis~, without cost, <br /> <br />to: <br /> <br />Moroney, Beissner & Co., Inc. <br />Houston, Texasj <br /> <br />Municipal Advisory Council of Texas <br />Austin, Texasj <br /> <br />Moody's Investors Service <br />New York, New Yorkj <br /> <br />Standard & PoorBs Corporation <br />New York, New Yorkj and <br /> <br />Any holder of any Bond or Bonds <br />who may so request in writing <br /> <br />a signed or certified copy of a report of an independent certified <br /> <br />public accountant or firm of certif~ed public accountants, covering <br /> <br />the next preceding fiscal year, showing the following information <br /> <br />relating to the System: <br /> <br />(a) Income and expense statementj <br />(b) Balance sheetj <br /> <br />-20- <br />
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