Monday, September 15, 2014

Economic Development Contract Compliance Study Incomplete

After three months of work the review of San Angelo's various economic development agreements remains unfinished.  Here are highlights from the City Council background packet:

As of the date of this memo the review for contract compliance is not complete. Staff continues to provide information being requested by the audit agency of Armstrong, Backus and Company

On behalf of COSADC, staff signed an engagement letter on June 23, 2010 for a review of all contracts pending or outstanding as of September 2013. The review commenced on the week of July 14 and continues to date.

Reviewed by
Michael Dane , Assistant City Manager September 6 , 2014 

Hirshfeld Energy Systems failure to perform has been hidden this year.  It will be interesting to see what comes out of the study, whether it is presented to council in public session and if the public will have access to the document.

I hope someone asks these questions as well as the obvious one, when will it be completed?

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