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ACCOUNTING AND CONSULTING October 15, 2012 Members of the City Council City of Moscow P.O. Box 9203 Moscow, ID 83843 1216 Idaho Street Post Office Box 555 Lewiston, Idaho 83501 www.presnellgage.com (208) 746-8281 Fax(208)746-5174 We are pleased to confirm our understanding of the services we are to provide the City of Moscow for the year ended September 30, 2012. We will audit the financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information, which collectively comprise the basic financial statements of the City of Moscow as of and for the year ended September 30, 2012. Accounting standards generally accepted in the United States of America provide for certain Required Supplementary Information (RSI), such as the Management's Discussion and Analysis (MD&A), to supplement the City of Moscow's basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. As part of our engagement, we will apply certain limited procedures to the City of Moscow's RSI in accordance with auditing standards generally accepted in the United States of America. These limited procedures will consist of inquiries of management regarding the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We will not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance. The following RSI is required by generally accepted accounting principles and will be subjected to certain limited procedures, but will not be audited: 1. Management's Discussion and Analysis 2. Budgetary Comparison Schedules for Major Funds We have also been engaged to report on supplementary information other than RSI that accompanies the City of Moscow's basic financial statements. We will subject the following supplementary information to the auditing procedures applied in our audit of the financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the financial statements or to the financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America and will provide an opinion on it in relation to the financial statements taken as a whole: Moscow Office: 609 South Washington, Suite 202, Moscow Idaho 83843, (208) 882-2211 Orofino Office: 216 Johnson Avenue, P.O. Box 632, Orofino Idaho 83544, (208) 476-3012 Grangeville Office: 111 South Mill Street, Grangeville Idaho 83530, (208) 983-1254 U12..·12lP ---PAGE BREAK--- City of Moscow October 15, 2012 Page 2 1. Schedule of expenditures of federal awards 2. Combining balance sheets 3. Combining statements of revenues, expenditures and changes in fund balance 4. Individual fund operating statements along with a budgetary comparison 5. Combining schedule of revenues, expenses and changes in fund balance Audit Objectives The objective of our audit is the expression of opinions as to whether your basic financial statements are fairly presented, in all material respects, in conformity with United States generally accepted accounting principles and to report on the fairness of the supplementary information referred to in the third paragraph when considered in relation to the basic financial statements taken as a whole. The objective also includes reporting on - • Internal control related to the financial statements and compliance with laws, regulations, and the provisions of contracts or grant agreements, noncompliance with which could have a material effect on the financial statements in accordance with Government Auditing Standards. • Internal control related to major programs and an opinion (or disclaimer of opinion) on compliance with laws, regulations, and the provisions of contracts or grant agreements that could have a direct and material effect on each major program in accordance with the Single Audit Act Amendments of 1996 and OMS Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations. The reports on internal control and compliance will each include a statement that the report is intended solely for the information and use of management, the body or individuals charged with governance, others within the entity, specific legislative or regulatory bodies, federal awarding agencies, and if applicable, pass-through entities and is not intended to be and should not be used by anyone other than these specified parties. Our audit will be conducted in accordance with auditing standards generally accepted in the United States of America; the standards for financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; the Single Audit Act Amendments of 1996; and the provisions of OMS Circular A-133, and will include tests of the accounting records, a determination of major program(s) in accordance with OMB Circular A-133, and other procedures we consider necessary to enable us to express such opinions and to render the required reports. If our opinions on the financial statements or the Single Audit compliance opinions are other than unqualified, we will fully discuss the reasons with you in advance. If, for any reason, we are unable to complete the audit or are unable to form or have not formed opinions, we may decline to express opinions or to issue a report as a result of this engagement. Management Responsibilities Management is responsible for the basic financial statements and all accompanying information as well as all representations contained therein. Management is also responsible for identifying government award programs and understanding and complying with the compliance requirements, and for preparation of the schedule of expenditures of federal awards in accordance with the requirements of OMB Circular A-133. ---PAGE BREAK--- City of Moscow October 15, 2012 Page 3 As part of the audit, we will assist with preparation of your financial statements, schedule of expenditures of federal awards, and related notes. You are responsible for making all management decisions and performing all management functions relating to the financial statements, schedule of expenditures of federal awards, and related notes and for accepting full responsibility for such decisions. You will be required to acknowledge in the management representation letter our assistance with preparation of the financial statements and schedule of expenditures of federal awards and that you have reviewed and approved the financial statements and schedule of expenditures of federal awards and related notes prior to their issuance and have accepted responsibility for them. Further, you are required to designate an individual with suitable skill, knowledge, or experience to oversee any non audit services we provide and for evaluating the adequacy and results of those services and accepting responsibility for them. Management is responsible for establishing and maintaining effective internal controls, including internal controls over compliance and for evaluating and monitoring ongoing activities, to help ensure that appropriate goals and objectives are met and that there is reasonable assurance that government programs are administered in compliance with compliance requirements. You are also responsible for the selection and application of accounting principles; for the fair presentation in the financial statements of the respective financial position of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of Moscow and the respective changes in financial position and cash flows, where applicable, in conformity with United States generally accepted accounting principles; and for compliance with applicable laws and regulations and the provisions of contracts and grant agreements. Management is also responsible for making all financial records and related information available to us and for ensuring that management is reliable and financial information is reliable and properly recorded. You are also responsible for providing us with access to all information of which you are aware that is relevant to the preparation and fair presentation of the financial statements, additional information that we may request for the purpose of the audit, and unrestricted access to persons within the government from whom we determine it necessary to obtain audit evidence. Your responsibilities also include identifying significant vendor relationships in which the vendor has responsibility for program compliance and for the accuracy and completeness of that information. Your responsibilities include adjusting the financial statements to correct material misstatements and confirming to us in the written representation letter that the effects of any uncorrected misstatements aggregated by us during the current engagement and pertaining to the latest period presented are immaterial, both individually and in the aggregate, to the financial statements taken as a whole. You are responsible for the design and implementation of programs and controls to prevent and detect fraud, and for informing us about all known or suspected fraud or illegal acts affecting the government involving management, employees who have significant roles in internal control, and others where the fraud or illegal acts could have a material effect on the financial statements. Your responsibilities include informing us of your knowledge of any allegations of fraud or suspected fraud affecting the government received in communications from employees, former employees, grantors, regulators, or others. In addition, you are responsible for identifying and ensuring that the City complies with applicable laws, regulations, contracts, agreements, and grants. Additionally, as required by OMB Circular A-133, it is management's responsibility to follow up and take corrective action on reported audit findings and to prepare a summary schedule of prior audit findings and a corrective action plan. You are responsible for the preparation of the supplementary information in conformity with United States generally accepted accounting principles. You agree to include our report on the supplementary information in any document that contains and indicates that we have reported on the supplementary information. ---PAGE BREAK--- City of Moscow October 15, 2012 Page 4 Management is responsible for establishing and maintaining a process for tracking the status of audit findings and recommendations. Management is also responsible for identifying for us previous financial audits, attestation engagements, performance audits, or other studies related to the objectives discussed in the Audit Objectives section of this letter. This responsibility includes relaying to us corrective actions taken to address significant findings and recommendations resulting from those audits, attestation engagements, performance audits, or studies. You are also responsible for providing management's views on our current findings, conclusions, and recommendations, as well as your planned corrective actions, for the report, and for the timing and format for providing that information. Audit Procedures-General An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements; therefore, our audit will involve judgment about the number of transactions to be examined and the areas to be tested. We will plan and perform the audit to obtain reasonable rather than absolute assurance about whether the financial statements are free of material misstatement, whether from errors, fraudulent financial reporting, misappropriation of assets, or violations of laws or governmental regulations that are attributable to the City or to acts by management or employees acting on behalf of the City. Because the determination of abuse is subjective, Government Auditing Standards do not expect auditors to provide reasonable assurance of detecting abuse. Because of the inherent limitations of an audit, combined with the inherent limitations of internal control, and because we will not perform a detailed examination of all transactions, there is a risk that material misstatements or noncompliance may exist and not be detected by us, even though the audit is properly planned and performed in accordance with U.S. generally accepted auditing standards and Government Auditing Standards. In addition, an audit is not designed to detect immaterial misstatements or violations of laws or governmental regulations that do not have a direct and material effect on the financial statements or major programs. However, we will inform the appropriate level of management of any material errors or any fraudulent financial reporting or misappropriation of assets that come to our attention. We will also inform the appropriate level of management of any violations of laws or governmental regulations that come to our attention, unless clearly inconsequential, and of any material abuse that comes to our attention. We will include such matters in the reports required for a Single Audit. Our responsibility as an auditor is limited to the period covered by our audit and does not extend to any later periods for which we are not engaged as auditors. Our procedures will include tests of documentary evidence supporting the transactions recorded in the accounts, and may include tests of the physical existence of inventories, and direct confirmation of receivables and certain other assets and liabilities by correspondence with selected individuals, funding sources, creditors, and financial institutions. We may request written representations from your attorneys as part of the engagement, and they may bill you for responding to this inquiry. At the conclusion of our audit, we will require certain written representations from you about the financial statements and related matters. ---PAGE BREAK--- City of Moscow October 15, 2012 Page 5 Audit Procedures-Internal Controls Our audit will include obtaining an understanding of the City and its environment, including internal control, sufficient to assess the risks of material misstatement of the financial statements and to design the nature, timing, and extent of further audit procedures. Tests of controls may be performed to test the effectiveness of certain controls that we consider relevant to preventing and detecting errors and fraud that are material to the financial statements and to preventing and detecting misstatements resulting from illegal acts and other noncompliance matters that have a direct and material effect on the financial statements. Our tests, if performed, will be less in scope than would be necessary to render an opinion on internal control and, accordingly, no opinion will be expressed in our report on internal control issued pursuant to Government Auditing Standards. As required by OMB Circular A-133, we will perform tests of controls over compliance to evaluate the effectiveness of the design and operation of controls that we consider relevant to preventing or detecting material noncompliance with compliance requirements applicable to each major federal award program. However, our tests will be less in scope than would be necessary to render an opinion on those controls and, accordingly, no opinion will be expressed in our report on internal control issued pursuant to OMB Circular A-133. An audit is not designed to provide assurance on internal control or to identify significant deficiencies. However, during the audit, we will communicate to management and those charged with governance internal control related matters that are required to be communicated under AICPA professional standards, Government Auditing Standards, and OMB Circular A-133. Audit Procedures-Compliance As part of obtaining reasonable assurance about whether the financial statements are free of material misstatement, we will perform tests of the City of Moscow's compliance with applicable laws and regulations and the provisions of contracts and agreements, including grant agreements. However, the objective of those procedures will not be to provide an opinion on overall compliance and we will not express such an opinion in our report on compliance issued pursuant to Government Auditing Standards. OMB Circular A-133 requires that we also plan and perform the audit to obtain reasonable assurance about whether the auditee has complied with applicable laws and regulations and the provisions of contracts and grant agreements applicable to major programs. Our procedures will consist of tests of transactions and other applicable procedures described in OMB Circular A-133, Compliance Supplement and related addenda, for the types of compliance requirements that could have a direct and material effect on each of the City of Moscow's major programs. The purpose of these procedures will be to express an opinion on the City of Moscow's compliance with requirements applicable to each of its major programs in our report on compliance issued pursuant to OMB Circular A-133. Engagement Administration, Fees, and Other We understand that your employees will assist in preparing all cash, accounts receivable, or other confirmations we request and will locate any documents selected by us for testing. ---PAGE BREAK--- City of Moscow October 15, 2012 Page 6 At the conclusion of the engagement, we will complete the appropriate sections of the Data Collection Form that summarizes our audit findings. It is management's responsibility to submit the reporting package (including financial statements, schedule of expenditures of federal awards, summary schedule of prior audit findings, auditors' reports, and corrective action plan) along with the Data Collection Form to the federal audit clearinghouse. We will coordinate with you the electronic submission and certification. If applicable, we will provide copies of our report for you to include with the reporting package you will submit to pass-through entities. The Data Collection Form and the reporting package must be submitted within the earlier of 30 days after receipt of the auditors' reports or nine months after the end of the audit period, unless a longer period is agreed to in advance by the cognizant or oversight agency for audits. The audit documentation for this engagement is the property of Presnell Gage, PLLC, and constitutes confidential information. However, pursuant to authority given by law or regulation, we may be requested to make certain audit documentation available to an Oversight Agency or its designee, a federal agency providing direct or indirect funding, or the U.S. Government Accountability Office for purposes of a quality review of the audit, to resolve audit findings, or to carry out oversight responsibilities. We will notify you of any such request. If requested, access to such audit documentation will be provided under the supervision of Presnell Gage, PLLC, personnel. Furthermore, upon request, we may provide copies of selected audit documentation to the aforementioned parties. These parties may intend, or decide, to distribute the copies or information contained therein to others, including other governmental agencies. The audit documentation for this engagement will be retained for a minimum of five years after the report release date or for any additional period requested by the Oversight Agency. If we are aware that a federal awarding agency or auditee is contesting an audit finding, we will contact the parties contesting the audit finding for guidance prior to destroying the audit documentation. We expect to begin our audit on approximately December 4, and to issue our reports no later than January 15, 2013. Mitch Marx is the engagement partner and is responsible for supervising the engagement and signing the reports or authorizing another individual to sign them. Our fee for these services will be $27,200. Our invoices for these fees will be rendered each month as work progresses and are payable on presentation. This fee is based on anticipated cooperation from your personnel and the assumption that unexpected circumstances will not be encountered during the audit. If significant additional time is necessary, we will discuss it with you and arrive at a new fee estimate before we incur the additional costs. Government Auditing Standards require that we provide you with a copy of our most recent external peer review report and any letter of comment, and any subsequent peer review reports and letters of comment received during the period of the contract. Our 2011 peer review report accompanies this letter. ---PAGE BREAK--- City of Moscow October 15, 2012 Page 7 We appreciate the opportunity to be of service to the City of Moscow and believe this letter accurately summarizes the significant terms of our engagement. If you have any questions, please let us know. If you agree with the terms of our engagement as described in this letter, please sign the enclosed copy and return it to us. Q*+.I'U.C. ESNELL GAGE, PLLC RESPONSE: This letter correctly sets forth the understanding of the City of Moscow. Title oar I ---PAGE BREAK--- AGREEMENT This agreement, made and entered into this _ _ _ _ day of -¹Auºg»u¼·s½t¾---' 19541 by and between the City of Moscow, a municipal corporation organized and existing under and by virtue of the general laws of the State of Idaho relating to cities of the second class, hereinafter called the City, and Moscow Class A Independent School District No. 281 of Latah County, State of Idaho, being a Class A Independent School District in said County, organized and existing under and by virtue of the general laws of the State of Idaho relating to such school districts, hereinafter called the School, and the Latah County Fair Board, a County Fair Board organized and existing under and by virtue of the provisions of Chapter 2 of Title 22 of the Idaho Code, hereinafter called the Fair Board, WITNESSETHa I. WHEREAS, the City of Moscow is the owner of a certain municipal park known as the City Recreation Park, a portion of which is subject to long term lease in favor of the Fair Board for the holding thereon of County Fairs and agricultural exhibits, and furnishing quarters for the Local National Guard Chapter, and II. WHEREAS, a portion of said municipal Recreation Park hereinafter more particularly described is or may be desired by the School aforesaid as a site for a new public elementary school building in the West end of the City of Moscow, the use of such premises for such purpose being con tingent, however, upon funds being made available for the construction thereon, by bond issue or otherwise, and III. WHEREAS, the Fair Board aforesaid, as a condition precedent to the vacation and surrender of possession and its leasehold interest in the property hereinabove referred to requires funds to assist in the construction of suitable buildings elsewhere to houseaand carry on its responsibilities;x ---PAGE BREAK--- NOW THEREFORE, it is hereby understood and agreed by and between the parties hereto as follows: Iį That the City of Moscow, for and in consideration of the premises herein more particularly set forth, and of the moneys herein agreed to be paid, and the covenants and agreements hereinafter more particularly set forth, and of the public benefits accruing, and subject to the terms out lined herein, agrees to sell unto the School District aforesaid, the following described real property, situted in Latah County, State of Idaho, to-wit: Beginning at a point on the East line of Home Street in the City of Moscow, which beginning point is located 408.45 feet N. 860 47' E. (measured along the section line ) and 477,2 feet N, 00° 32' W. of the Southwest Corner of the Southeast Quarter (SEf) of Section Seven Township Thirty-nine (39) North, Range Five West Boise Meridian; and running thence N. 990 28' E. 195,0 feet; thence s. 00° 32' E. 379.0 feet along a line parallel to and 195.0 feet East of said East line of Home Street; thence N. 51° 09' w. 252.28 feet to a point of said East line of Home Street; thence N. 00° 321 w. 218.92 feet along said East line of Home Street to the point of beginning, and containing 1.338 acres, more or less. v. The School aforesaid agrees to purchase said real property of the City and to pay therefor the aggregate sum of Twelve Thousand Dollars ($12,000.00), payable as follows, to-wit: The Bam of Four Thousand Five Hundred Dollars {$41500,00) when this agreement shall have been fully executed by all parties thereto, or as soon thereafiter as a claim therefor can be processed in the usual course of allowing the regular bills of said School District; and the balance of Seven Thousand Five Hundred Dollars ($7,500.00) within six months of the date that a bond issue has been voted for the construction of a sbhool building upon said site, or within six months of the date funds have been made available for such construction from other sources. n. The City of Moscow agrees, forthwith upon receipt of the said sum of Four Thousand Five Hundred Dollars ($4,500.00) from the School aforesaid, to pay the said sum of Four Thousand Five Hundred Dollars {$4,500,00) over ---PAGE BREAK--- to the Fair Board, in consideration of which the said Fair Board and Latah County, Idaho, shall make, execute and deliver unto the City of Moscow its good and sufficient waiver and release, relinquishing all its right, title, estate and interest in and to any or all real property situated in the Park aforesaid, and in which it has a leasehold or other interest, such release to apply to all of its said leasehold, whether the property covered thereby is wholly within the are to be conveyed to the School District or otherwise. Provided, however, that said Fair Board shall not be obliged to relinqui$h possession of said premises or discontinue the use thereof unto January 1st , 1955. VII. It is agreed and understood that the payment of Seven Thousand Five Hundred Dollars ($7,500.00) to be made by the School District to the City, as set forth in Paragraph V hereinbefore shall be ¼½4yed by the City for improvement of Paradise Creek and to discharge any obligation which might accrue to the School District in connection with the Home Street bridge over Faradise Creek, or making such other site improvements as the City may deem advisable. Provided, however, that the City shall not be obliged by this agreement to spend more than $7,500.00 for the purposes in this paragraph set forth. It is further agreed that the Gity shall retain ownership and have right of removal of any and all fence now located on portion of land to be conveyed, and the City of Moscow to re-construct about 15 lineal feet of the Northern part of the present fence located on the Western boundary line of the Athletic Field to a termination at the Northeast Corner of the tract purchased by the School District. The City also to construct about 225 lineal feet of fence along the Southern boundary line of the Athletic Field from the present western end of the boundary line fence, thence Westerly along the North side of a roadway to a termination at a point on the East boundary line of the tract purchased by the School District, said termination point being located 60 to 80 feet North of the Southeast corner of said tract. The School District to extend the boundary fence lines of the Athletic Field from the above described points of termination of the fences to be constructed by the City of Moscow, thence to a junction or ---PAGE BREAK--- connection with the improvements to be made by said School District on said purchased tract, said extensions to be.made in such a manner as to entirely inclose the Western part of the Athletic Field by said fence extensions and the improvements to which said extensions are connected. Such fencing constructed by the School District to conform to the fencing now in place around the Athletic Field as to height, materials and method of construction. Upon the full and complete execution of this agreement by all parties ¡ereto; and the payment by the School to the City of the sum of $4,500.00 as set forth in Paragraph V hereinbefore, the City of Moscow shall make, execute and deliver unto the School District aforesaid a deed conveying all of the right , title and interests of the City in and to said property, and it is further agreed that said deed shall contain the following conditions, to-witl That the real property conveyed thereby shall never be used for any purpose other than the maintenance thereon of a public school, public playground, or purposes and activities normally associated therewith, and inevent such covenant shall be violated, and such premises shall cease to be used for such purposes for a period of two consecutive years, then· and in that event title to the property conveyed by such deed shall revert to the City of Moscow; and further, that said deed shall provide that the title of the School District is subject to a charge or lien for payment of the $71500.00 agreed to be paid as set forth in Paragraph V hereinbefore. Said deed shall further be subject to the following conditions, to-wit: lhat if no successful bond election has been passed and the sale of said bonds approved for the erection of a school building on said site, within a period of five years, the title to said property shall automatically revert to the City, and it is further provided that after May 1, 1955, the City shall have the option to re-acquire said premiees from the School District by tendering to the School District the sum of Forty-five Hundred Dollars ($4,500.00), provided that the construction of a school building thereon shall not have commenced; providing further that this option shall be subject to an extension of 180 days in favor of the School District in the event that a bond issue for the construction of a wchool building thereon has been successfully passed, said extension to run from the ---PAGE BREAK--- passage of said bond issue and providing further that this option shall be void upon the commencement of construction of a school building thereon. In event that construction of a school building shall have begun upon said premises before the expiration of five years from the delivery of such deed from the City to the School District and also before the City has exercised its option to repurchase, and in event further that the School District shall have paid the sum of $7,500.00 as set forth in Paragraph V hereinbefore, then upon the happening of both of such events, the City of Moscow agrees to make, exeucte and deliver unto the School District afore said a second deed, the effect of which will be to quitclaim any right, title, estate or interest save and except only the right of reversion in event the property should be used for purpeses other than those set forth in the original deed. IX. At any time from and after the execution of this agreement by all parties thereto, the Fair Board aforesaid may commence the removal from the premises leased by it of all buildings situated thereon, or any portion of said buildings, or the contents therein, save and except only the Armory Building, but it is specifically agreed and understood that the removal of such buildings, portions thereof, or contents therein, save and except the Armory Building as mentioned aforesaid, shall be completed not later than September 1, 1955. x. The School District shall take appropriate steps to submit to the qualified taxpayer electors of the same a proposed bond proposition, and it is contemplated that such election shall be held at some time during the month of October, 1954. The School District shall not be obliged to call for subsequent bond elections unless the passage and approval of the same appears probable. XI. It is agreed by and between the parties hereto that all three of said parties are public corporations serving important and vital public needs; that the cooperation of each is necessary in order to avoid injury to the ---PAGE BREAK--- others and consequent damage to the public welfare; and that the parties hereto believe that the contractual arrangement outlined herein will provide for the greatest public good with the least inconvenience to other public services, and that the public benefit resulting from this agraement represents the essential and effective consideration for and on account of which this agreement is executed. IN WITNESS WHEREOF, the City of Moscow has caused this agreement to be ABCted for and on its behalf, pursuant to the provisions of Ordinance No. of said City, passed _J.-ul Y 2 _ _ _ , 19 54 Moscow Class A School District No. 281 in Latah County, Idaho has caused this instrument to be executed on its behalf pursuant to Resolution passed by said Board and on record in the minutes of the meeting of its Board held 19 ; and the Latah County Fair Boad has exeooted this Agreement pursuant to the provisions passed by the said Fair Board and on record in the minutes of its meeting held 19_. Attest a City Clerk S E A L Attest: THE CITY OF MOSCOW A Municipal Corporation Byzbgl Mayor MDSOOW CLASS A SCliOOL DISTRICT N:l. 2811 LATAH OJUN1Y, STATE OF lDAID, An Independent School District s¯B a- ru_s_ e- e_s ---PAGE BREAK--- Attest1 STAlE OF IDAHO County of Latah 66 niE LATAH COUNTY FAIR BOARD, A County Fair Board By d¥ On this day of August , 1954, before , a Notuy Public in and for the State aforesaid, personally appeared Everett Will and R. G. Fredekind, known to me to be the Mayor and City Clek respectively of the City of Moscow, the municipality which executed the above and foregoing agreement, and acknowledged to me that said City of Moscow executed the same. written. S E A L WITNESS my hand and official seal the day and year last above Notary Public, residing at Moscow, Idaho STAlE OF IDAHO ss County of Latah On this @day of August 11954, before _ _ Mar-...,ti a Notary Public in and for the State aforesaid, personally appeared Merl Stubbs and Lescter C. Boyd, known to;:me to be the Chairman of the Board of Trustees and Clerk respectively of Ascow Class A. School District No. 281, Latah County, State of Idaho, the school d istrict which executed the above and foregoing agreement, and acknowledged to me that said School District executed the same. WITNESS my hand and official seal the day and year last above written, SEAL ---PAGE BREAK--- STA 1E OF IDAHO County of Latah ss On this 25th day of August 1 19541 before me, Lloyd G. Martinson 1 a Notary Public in and for the State aforesaid, personally appeared Gerald Ingle and Elbert McProud, known to me to be the Chairman and Secretary respectively of the Latah County Fair Board, the organization which executed the above and foregoing £gĮeement, and acknowledged to me that said Latah County Fair Board executed the same. WITNESS my hand and official seal the day and year last above written. SEAL