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BOARD02550
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BOARD02550
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Last modified
8/16/2009 3:16:57 PM
Creation date
10/4/2006 7:17:12 AM
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Board Meetings
Board Meeting Date
11/23/1998
Description
CF Section - Construction Fund Performance Audit Response Schedule
Board Meetings - Doc Type
Memo
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<br /> <br />10 <br /> <br />II <br /> <br />Timely <br /> <br />Payments, <br />Insurance <br />Coverage <br /> <br />12 <br /> <br />Periodic Loan <br />Review <br /> <br />Ensure that all security <br />documents are filed in a timely <br />manner, and develop reliable <br />systems to monitor compliance <br />with filing requirements. <br /> <br />Ensnre that borrowers comply <br />with requirements to carry <br />general liability insurance. <br /> <br />Establish a process for <br />reviewing each loan file prior <br />to disbursing funds and <br />periodically thereafter. <br /> <br />Review workload allocation, priorities and program structure (propose FY99 <br />Decision Item?) by 6/99 <br /> <br />. Assess current capability to perform administrative and accounting responsibilities now and <br />in the future. <br /> <br />. Review the structure of similar programs at other public agencies (CHFA & CWR&PDA). <br /> <br /> <br />. Re-evaluate Construction Fund Loan Program workload allocation and priorities by June <br /> <br />30, 1999. <br /> <br />. Reallocate staff assignments as necessary <br />. Submit a decision item to add necessary staff capability. <br /> <br />Ditto #10 <br /> <br />. Review the structure of similar programs at other public agencies (CHFA & CWR&PDA). <br /> <br />. Re-evaluate Construction Fund Loan Program workload allocation and priorities by June <br /> <br />30, 1999. <br /> <br />. Submit a decision item to add staff capability, if necessary. <br /> <br />Ditto #10 <br /> <br />. Review the structure of similar programs at other public agencies (CHFA & CWR&PDA). <br /> <br /> <br />. Re-evaluate Construction Fund Loan Program workload allocation and priorities by June <br /> <br />30, 1999. <br /> <br />7 <br />
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