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E. SPECIAL CONSIDERATIONS <br /> 1. The City will send its comprehensive annual financial report to the <br /> Government Finance Officers Association of the United States and <br /> Canada for review in its Certificate of Achievement for Excellence <br /> in Financial Reporting program. It is anticipated that the auditor will <br /> be required to provide special assistance to the City to meet the <br /> requirements of that program. <br /> 2. The schedule of federal and state financial assistance and related <br /> auditor's report, as well as the reports on the internal control <br /> structure and compliance are not to be included in the CAFR, but <br /> are to be issued separately. Twenty copies of the grant report are <br /> to be typed and printed by the selected auditor and provided to the <br /> City. <br /> 3. The auditor is required to issue a separate report for our <br /> component unit (La Porte Area Water Authority). Twenty copies of <br /> the report are to be typed and printed by the selected auditor and <br /> provided to the City. This report is to be filed with the Texas <br /> Commission on Environmental Control (TCEQ) by February 15. <br /> 4. The Tax Increment Reinvestment Zone (La Porte Redevelopment <br /> Authority) is a separate entity that is reported as a blended <br /> component unit in the city's report. <br /> 5. The La Porte Development Authority (Section 4B Sales Tax) is <br /> reported as a blended component unit in the city's report. <br /> F. WORKING PAPER RETENTION AND ACCESS TO WORKING PAPERS <br /> All working papers and reports must be retained, at the auditor's expense, <br /> for a minimum of three (3) years from the date of the report, unless the <br /> firm is notified in writing by the City of the need to extend the retention <br /> period. The auditor will be required to make working papers available, <br /> upon request, to the following parties or their designees: <br /> City of La Porte <br /> Federal Grant Agencies and Other Federal Agencies <br /> State of Texas Grant Agencies and Other State of Texas Agencies <br /> Auditors of entities of which the City is a sub - recipient of grant <br /> funds <br /> In addition, the firm shall respond to the reasonable inquiries of successor <br /> auditors and allow successor auditors to review working papers relating to <br /> matters of continuing accounting significance. <br /> 15 <br />