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Description
Abstract: The Temporary District Auditor has completed his management audit of the District's practices for managing its residential properties as requested by the Board of Directors at its November 10, 2009 meeting. The audit included an examination of agreements for property management and agreements for rental/lease of District owned residential properties. The audit also included interviews with District staff responsible for overseeing the management of these properties and a physical inspection/tour of residential properties owned by the District in San Jose, Mountain View and Morgan Hill. As authorized in the Santa Clara Valley Water District Act, the District acquires residential property in preparation for its public projects and has acquired residential properties in lieu of projects (where the District has been determined that a project is not feasible or cost effective to protect properties from flood damage). During the time after the District acquires the property, up to demolition, the District leases these residential properties. The District maintains a policy that prohibits the District from renting or leasing property to District employees, Board members or immediate family members. "This examination disclosed that District staff is exercising reasonable care in managing District owned residential properties."
Type
text
Format
Copy Book
Identifier
csjvwd_000576 ark:/13960/t0vr11s1q
Provenance
Santa Clara Valley Water District Library California Revealed is supported by the U.S. Institute of Museum and Library Services under the provisions of the Library Services and Technology Act, administered in California by the State Librarian.
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