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ROHL Networks, LP #1
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(15-12-02) Utility Undergrounding
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ROHL Networks, LP #1
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Last modified
6/8/2021 10:07:13 AM
Creation date
1/7/2016 3:33:44 PM
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CityClerk-Bids_RFP_RFQ
Project Name
Collins Ave. Utility Undergrounding
Bid No. (xx-xx-xx)
15-12-02
Project Type (Bid, RFP, RFQ)
Bid
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VIMBAF <br /> MORRISON BROWN ARGIZ&FAR RA.lie <br /> MOWED RAMC ACCOUNTANTS..a.v,nal: <br /> • <br /> INDEPENDENT ACCOUNTANTS REVIEW REPORT <br /> To the Partners . <br /> Rohl Networks Limited Partnership <br /> We have reviewed the accompanying balance sheets of Rohl Networks Limited Partnership(the'Partnership')as of October 31, <br /> 2013 and 2012,and the related statements of operations and partners'capital and cash flows for the years then ended.A review <br /> includes primarily applying analytical procedures to management's financial data and making inquiries of the Partnership's <br /> management.A review is substantially less in scope than an audit,the objective of which is the expression of an opinion regarding <br /> the financial statements as a whole.Accordingly,we do not express such an opinion. <br /> Management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting <br /> principles generally accepted in the United States of America and for designing, implementing,and maintaining internal control <br /> relevant to the preparation and fair presentation of the financial statements. <br /> Our responsibility is to conduct the reviews in accordance with Statements on Standards for Accounting and Review Services <br /> issued by the American Institute of Certified Public Accountants.Those standards require us to perform procedures to obtain limited <br /> assurance that there are no material modifications that should be made to the financial statements.We believe that the results of <br /> our procedures provide a reasonable basis for our report. <br /> Based on our reviews, we are not aware of any material modifications that should be made to the accompanying financial <br /> statements in order for them to be in conformity with accounting principles generally accepted in the United States of America. <br /> As reflected in the financial statements,the Partnership had a net loss of approximately$1,639,000 for the year ended October 31, <br /> 2013. Additionally, as discussed in Note 8 to the financial statements, the Partnership is owed approximately$1,465,000 as <br /> { reflected within'Contracts receivable including retainage"which management expects to collect by January 2015 as a result of the <br /> settlement of the law suit which occurred in October 2014(NOTE 8).In the event the Partnership requires financial support to meet <br /> its obligations,the partners have committed to provide the necessary funds to meet its cash flow needs.Subsequent to October 31, <br /> 2013,one of the partners has contributed approximately$600,000 to the Partnership. <br /> • <br /> 9 ai, &'an, a 2 <br /> Boca Raton, Florida <br /> November 12,2014 <br /> .10 lwepemmc Meme of wk.,Tilly Intr.ou.,ral <br /> 1 1 <br /> MIAMI 1450 arkkeIl Avenue.18th Flom,Miami R.331311 T 305 373 5500 F 325 373 0056 I wwwmbafya.com <br /> BOCA RATON 225 N.E.Mimer ESN&Suite 655.Soa Raton FL 33432 I T 561 909 2100 F 561 392 3265 <br />
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