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The authority shall:

A. On April 15th of each year, beginning on April 15, 1998, file an annual report with the City Clerk and the City Council containing a certified statement of assets and liabilities, income and expenditures and changes in its financial position during the previous year; a summary of significant accomplishments; a list of depositories used; a projected operating budget for the current fiscal year; a summary of projects and activities to be undertaken during the current year; a list of authority officials and a list of officials bonded pursuant to Section 2.73.140 of this chapter. (Ord. M-3302, 1997)