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HomeMy WebLinkAboutCouncil Resolution 1177RESOLUTION NO. ~~ A RESOLUTION ADOPTING GENERAL PROCEDURES FOR FISCAL YEAR 2008-2009 WHEREAS, the Central Point City Council deems it appropriate to authorize certain appointments and procedures relating to City administration, budget, and fiscal management for fiscal year 2008-2009. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CENTRAL POINT, OREGON, that for the fiscal year 2008-2009, the following appointments are hereby made; the following policies and procedures be imposed, and the same are hereby adopted: Section 1. Appointments A. Insurance Agent of Record. Beecher Carlson Insurance Agency LLC is hereby appointed to continue as Insurance Agent of Record for the City for property, general liability, vehicle liability, workers compensation and bond insurance through June 2009. B. City Attorney. Douglas M. Engle is hereby appointed to the office of City Attorney and is designated as a sworn officer of the City under the terms of the letter of agreement dated June 5 2008. C. Municipal Judge. James L. Mueller is hereby appointed as Municipal Judge with a retainer of $1,500 per month under the terms of the special employment agreement dated May 2008. D. City Auditor. Purkeypile and Johannsen, Certified Public Accountants LLP is hereby appointed as Auditor for the three fiscal years beginning 2006-07 pursuant to statutes requiring independent fiscal audit of the City, and subject to the contract for Audit of an Oregon Municipality. E. City Engineer. Joe Strahl dba PW Management Inc. is hereby appointed as City Engineer of the City of Central Point under the terms of the letter dated June 8, 2007 through June 2009. Section 2. Council Expenses City Council members may elect to receive compensation of $150 per month, and the Mayor may elect to receive compensation of $250 per month. In addition to said compensation, reimbursement may also be made to the Mayor or Council members for actual expenses incurred while on official City business. Section 3. Designation of Depository Any Central Point branch of an FDIC insured bank, the State of Oregon Local Government Investment Pool, and all successors in interest to those institutions are each hereby designated as depositories for City funds; and the Finance Director or designee may deposit monies belonging to the City in any or all of said institutions in accordance with applicable law until further order of the City Council. Section 4. Authority to Keep, Invest, Transfer and Expend Funds A. The Finance Director or designee is hereby authorized to invest any surplus funds in accordance with ORS 294.035 and ORS 294.810, in such investments as are authorized by said statutes, and to transfer funds from one account to another. B. The Finance Director or designee is hereby authorized to establish a petty cash fund with a balance maintained at $1,250. The fund may be used to maintain cash drawer change funds and provide for miscellaneous expenditures not to exceed $50 per transaction; except that upon approval of the City Administrator or the Finance Director a maximum expenditure of $100 per transaction may be made. C. The City Administrator or designee is authorized to expend funds in accordance with budget appropriations. All revenues received and expenditures incurred by the City in implementing the budget appropriations shall be reported to the Council. Such reports will normally be made on a quarterly basis. Section 5. Accounting Principles. The City shall maintain its financial records in accordance with current generally accepted accounting principles, and all applicable laws and regulations. Section 6. Interfund and Overhead Fees. Expenditures incurred by one fund for the benefit of another fund may be reimbursed in accordance with acceptable accounting procedures as determined by the Finance Director. Section 7.Outstanding Checks. Outstanding checks stale dated (at least six months after the date of issuance) must escheat to the state under ORS 98.352. Section 8. Capital Acquisition. Items costing more than $5,000 and having a useful life of more than one year shall be capitalized. Passed by the Council and signed by me June, 2008. ATTEST: City Recorder ~~ Approved by me this ~ l~ day of June, 2008 ~~ in authentication of its p sage this ra.day of Mayor Hank Williams .. ~~~ti Mayor Hank Williams