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• <br />AUDIT COMMITTEE MINUTES <br />June 12, 2002 <br />6:00 P.M. <br />Call Meeting to Order <br />Mr. Herrera called meeting to order @6:02. <br />The first item was to elect a new chairperson. Councilman Ebow <br />nominated Councilman Engelken and Councilman Warren seconded the <br />motion. The new Chairman, Councilman Engelken, then officially called <br />the meeting to order. <br />2. Approve minutes from -March 5, 2002 meeting <br />Councilman Ebow moved to approve <br />Councilman Warren seconded <br />3. Fixed Asset Policy - Reviewed by Michael Dolby <br />Staff recommended an increase in the fixed asset limit from $1,000 to <br />$5,000. <br />Councilman Ebow moved to approve <br />Councilman Engelken seconded <br />4. Tax Resale Property: Andre' Caine & etal offered $5,600 for Block 3 Lot 3 in <br />Monument Estates <br />Councilman Ebow moved to approve <br />Councilman Engelken seconded <br />5. Tax Resale Property: Andre' Caine & etal offered $5,600 for Block 3 Lot 2 in <br />Monument Estates <br />Councilman Ebow moved to approve <br />Councilman Engelken seconded <br />6. Tax Resale Property: Jack B. Kelley, Inc. offered $19,650 for Block 101 Lots 17 <br />thru 24 LaPorte <br />Councilman Warren questioned the zoning of the property <br />Councilman Engelken moved to approve <br />Councilman Ebow seconded <br />Councilman Warren opposed <br />Motion carried 2-1 <br />7. Tax Resale Property: Kenneth Higginbottom offered $25,670 for Block 100 Lots <br />28-32 LaPorte <br />Councilman Warren moved to approve <br />Councilman Ebow seconded <br />c <br /> <br />