HomeMy WebLinkAboutCouncil Resolution 1002RESOLUTION NO. 1002
A RESOLUTION AMENDING RESOLUTION NO. 979, A RESOLUTION
ADOPTING GENERAL PROCEDiJRES FOR FISCAL YEAR 2003-2004 INCREASING
PL-'TTY CASH EXPENDITURES
WHEREAS, the Central Point City Council deems it appropriate to authorize cer•Cain
appointments and procedures relating to City administration and budget, fiscal management and
boo keeping matters for fiscal year 2003-2004; and
WHEREAS, it has become necessary to increase the amount of petty cash reimbursement.
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Central
Point, Oregon, does hereby amend Resolution No. 979, to include the following:
Section 5. Authority to Keep, Invest, Transfer and Expend Funds.
B. The Finance Director or his designee is hereby authorized to establish a petty cash
imprest fund with a balance maintained at $-8-00 $1100. The fund may be used to
maintain cash drawer change funds and provide for miscellaneous expenditures
not to exceed ~'s30 $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.
Passed by the Council and signed by me in authentication of its passage this 23`d day of
January, 2004.
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City Recorder
Mayor Hank Williams
Approved by me this ~ ~~~ day of J ~ , 2004.
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Mayor Hank Williams