Examination of Financial Statements of the Pennsylvania Avenue Development Corporation for Fiscal Year Ended June 30, 1975, and the 15-Month Period Ended September 30, 1976

The financial statements of the Pennsylvania Avenue Development Corporation present fairly its financial position at September 30, 1976, and at June 30, 1975, the results of its operations, and the changes in U.S. Government investment for the periods then ended. The Corporation was created by the Congress to develop and implement a plan for redeveloping the area adjacent to Pennsylvania Avenue between the Capitol and the White House.