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March 19, 1998 Page 3 Linda Parks spoke in support of locating the garden project at that site, and she said that it would serve a broad range of people, and would be an enhancement to the area. David Snow spoke of the therapeutic value of community gardens, and he said that available composting and organic material could be used, many sites have been investigated, and he noted the advantages of the requested site. It was moved by Gillette and seconded by Berger to conceptual approval the Conejo Valley Community Garden Project for further study. Gillette urged that staff remain cognizant of the needs identified for a community garden; i.e., accessibility, water, parking, rest rooms, and play area. In response to Jacobsen's inquiry, Ward said that past community garden efforts were abandoned for lack of interest. Berger and Lange stated their approval of the concept. Lange cautioned that the motion was for conceptual approval only, and the Master Planning process must be observed. The motion carried 5-0. B. Acceptance Of Report On Financial Statements For The Year Ending June 30, 1997 Jorgensen highlighted the audit report, identified salient points, and said that the report indicates that the District's financial practices adhere to generally accepted accounting principles. He said that there is no single audit information in the report; all general obligation bonds have been retired; a positive undesignated fund balance of $1.3 million exists; $17,604 was paid to 15 eligible District retirees; in contrast to last years report, actual revenues exceeded budgeted revenues by $200,000; and the District recovered from a $600,000 deficit from the previous year.