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4.2. SR 04-11-1994 rei ---\) ( ); flif AGENDA ITEM 4.2. MEMORANDUM TO: MAYOR & CITY COUNCIL FROM: PAT KLAERS, CITY ADMINIST~R APRIL 7,1994 1 DATE: SUBJECT: CERTIFICATE OF ACHIEVEMENT The City has received the Certificate of Achievement for Excellence in Financial Reporting for the 1992 Fiscal Year. This is the fourth consecutive year that the City has received this achievement. e The notification of receiving this award comes about a year after the calendar year has ended. Additionally, the actual award is received about 2 or 3 months after the City has received notification of the Certificate of Achievement. I have had the plaque acknowledging this achievement in my office for over a month, and as the Finance Director, Lori Johnson, will be in attendance at this City Council meeting, I think that this would be an appropriate time to have the Mayor formally present Lori with this plaque. As previously discussed, in this manner it is hopeful that we will have a photo opportunity, and some good City news can get into the Star News so that appropriate recognition can be given to the City, the Finance Department, and our Finance Director for the excellent job they have done. Attached for your review is the background information I presented to the City Council when the City received notification of this award for Fiscal Year 1992. e P.O. Box 490 · 13065 Orono Parkway · Elk River, MN 55330 · (612) 441-7420 · Fax: (612) 441-7425