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2004-01-28 Audit of Financial Statement~~ SEH TRANSMITTAL To: James And Gruber 311 South Walnut Street, Box 755 Monticello, MN 55362 Date: January 28, 2004 SEH File No.: A-ALBEV 0113 07 Client No.: Re: 2001 NW Commercial Park We are: ® Enclosing ^ Sending under separate cover ^ Sending as requested 1 Audit of financial statement far NW Commercial Park, Albertville, Minnesota For your: ® Information/Records ^ Review and comment ^ Approval ^ Action ^ Distribution ^ Revision and resubmittal Remarks: By: Peter Carlson c: Joseph A. LaTour, LaTour Construction Bridget Miller, Clerk, City of Albertville Jmu' u:\a\albev\011300\corr\o-james and gruber OI2804.doc l~Oq Short Elliott Hendrickson tnc., 1200 25th Avenue South, P.O. Box 1717, St. Cloud, MN 56302-1717 SEH is an equal opportunity employer I www.sehinc.com I 320.229.4300 1 800.572.0617 I 320.229.4301 fax ~`L.aTou~rC /~uic 2134 Co. Rd. 8 N.W. • Maple Lake, MN 55358 • (320) 963-5993 • Fax (320) 963-6017 January 16, 2004 City of Albertville PO Box 9 Albertville, MN 55301 Our auditors, James and Gruber, CPA's, are conducting an audit of our financial statements. Please confirm the following information regarding our contract with you as of December 31, 2003. Contract number .and desc:riptic~n: N`,nT Commercial Park -- riginal contract price $1,321,560.45 Total approved change orders/Final Quantities $ 27,772.95 Total contract price including change orders $1,349,333.40 Total amount of progress billings as of December 32, 2003 $l, 360, 846.45 Less total amount of remittances as of December 31, 2003 $1,292,804.12 Less total amount of retainage as of December 31, 2003 $ 68,042.32 Total unpaid progress billings as of December 31, 2003 $ 0 Estimated percentage of completion of contract 1000 Please indicate belo~n whether this is in agreement with your records. If there are differences, please provide any information that will assist. our auditors in reconciling the differences. In addition,. please provide details of any claims, backcharges, or disputes that you are aware of concerning this contract, Please sign and date your response and mail. it (the entire letter, please) directly to James & Gruber, CPA's in the enclosed return envelope. Sincerely, LaTour Construction~c. Joseph A. LaTour, Vice President "Equal Opportunity Contractor" f- . ~ ,; ~Ls-Tot~t C laic. 2134 Co. Rd. 8 N.W. • Maple Lake, MN 55358 • (320) 963-5993 • Fax (320) 963-6017 To: James & Gruber, CPA's The preceding information about ~~ji {~,j~~i~ ~Z. /(~,(,J~d~j~i~,~~~~L is correct as of December 31, 2003 with the following exceptions (if any}, (Please elaborate on any disputes, claims, backcharges, etc.): The amount of unbilled charges for work performed through December 31, 2003 Signa Title Date: indicate} . "Equal Opportunity Contractor"