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3 <br />LA PORTE AREA WATER AUTHORIY . ,,. , , ~ , . 1 _, <br />Questionnaire Completed by the Auditors ~ '; <br />g. Deposit receipts to the proper funds kept by the approved X <br />depository bank? Yes No <br />h. Draw checks only on funds approved by the Board of Directors X <br />and signed by authorized personnel? yeS No <br />7 . Management letter. <br />a. The date of your most recent management letter was ~ ~ A <br />M AMT LETTER DATE. yeS No <br />b. Were your recommendations explained to and discussed with <br />administrative officials of the water disu-ict? yes No <br />c. Is there evidence indicating that the previous year's <br />recommendations have been or are being implemented? yes No <br />8. The Texas Water Code makes specific provisions relating to security <br />provided by depository banks. After consideration of the applicable <br />laws pertaining to the specific water district, did the depository bank <br />provide adequate security of the correct type? es 'N o <br />Please indicate for each depository: <br />A. (1) The name of the depository bank Ba~shore National Bank <br />(2) Amount of FDIC coverage (if member bank) ~ 100 000 <br />(3) Amount of bond or other security pledged as of the end of the fiscal year <br />2 <br />(4) Largest cash balance $1 388 926 <br />(5) Date of largest cash balance Qctober 1989 -- <br />(6) The amount of bond or security pledged at the time of the largest cash balance <br />(excluding FDIC coverage) $2 500 000 <br />See accompanyir-g letter dated December 21, 1990. <br />(Continued) <br />