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Diversion Authority finance committee approves $5.78 million in bills, hears cash-budget and audit updates
Summary
The Metro Flood Diversion Authority Finance Committee approved $5,776,765.65 in bills, received a finance report showing a net position of $340,246,982 and an update that WIFIA draws remain pending; auditors reported no significant findings.
The Metro Flood Diversion Authority Finance Committee on June 25 approved $5,776,765.65 in bills and accepted a finance report showing a net position of $340,246,982 through May 31.
The committee voted to approve the bills after Susan Thompson, finance director of the City of Fargo, summarized the packet: "Page 6 lists the total bills received through June 17. They total 5,700,000.0," noting that both May and June bill-backs from the City of Fargo contributed to the total and that large items included a Clay County flowage easement and a Cass County Joint Water District property purchase.
The act…
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