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City Council Meeting February 12, 2001 Page 5 street. He said they were not asking payment for the extra land that has been taken in because of this, it is strictly for the paving cost. Mr. Tidwell advised that this is an equal protection claim. Mayor Pfiester said he read all the information regarding this matter and to him, there is one difference, that being that when the plat was submitted to the Council for approval, one of Earl Smith's recommendation for the Monte Moore Development was that he widen the streets. He said that the plat submitted for the Hills was dated on March 3, 2000, and in that letter there is no recommendation. Mayor Pfiester said the street was proposed to be 60 feet and he needs someone to show him where the City has asked for the street to be oversized. The Council took the matter under consideration. Mayor Pfiester called for the receipt of the annual audit report for the City of Paris for the fiscal year ending September 30, 2000, prepared by McClanahan & Holmes, Certified Public Accountants. Gene Anderson, Director of Finance for the City of Paris, came forward presenting the City Council with a copy of the annual audit. Mr. Anderson said that under the City Charter there is a requirement that an annual audit and financial statements be completed. Mr. Anderson said contained within the Comprehensive Annual Financial Report for the City is the Auditor's Report. He called the City Council's attention to the second page where there is a table of contents that lists everything that is in that report; if you are looking for anything in particular that is a good place to start. Mr. Anderson pointed out that on Page I-3, there is a transactional letter that discusses in more laymen terms what went on in the city during that time it was audited. He said that on Page I-13, there is a copy of a certificate of achievement for excellence in financial reporting that the city was awarded last year, which is an independent review of the city's financial statements. Mr. Anderson said on Page 1 there is a opinion letter from McClanahan & Holmes, and Mr. Anderson read a portion of this letter to the City Council. Mayor Pfiester called for the receipt of a petition for annexation of the Hills Subdivision. A motion was made by Councilman Bell, seconded by Mayor Pro Tem Manning, to receive the petition for annexation of the Hills Subdivision.