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HomeMy WebLinkAboutCouncil Resolution 944RESOLUTION NO ~`~~ A KESOLU"PION ADOPTING GENERAL. PROCEDURES POR FISCAL YEAR 2002-2003 WHEREAS, the Central Point City Council deems it appropriate to authorize certain appointments and procedures relating to City administration and budget, fiscal management and bookkeeping matters for fiscal year 2002-2003. NOW, THEREFORE, BE IT RESOLVED BY TFIE CITY COUNCIL OP'I"I IE CITY OF CENTRAL POINT, OREGON that, for the fiscal year 2002-2003, the following appoinuneuts be, and the same are hereby made, and the following policies and procedures be, and the same are hereby adopted: Section I. Appointments. A. Insurance Agent of Record. The Protectors Insurance is hereby appointed as insurance agent of record for the City for property, general liability, vehicle liability and bond insurance. 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 teens of the letter of agreement dated February 26, 1991. C. Municipal Judge. James L. Mueller is hereby appointed as Municipal Judge with a retainer of $1,000 per month, inchiding Social Security payments. D. City Auditor. Moss Adams CPA's is hereby appointed as City Auditor pursuant to statutes requiring independent fiscal audit of the City, and subject to the contract for Audit of Oregon Municipality. Section 2. Council Expenses. City Councilmembers may elect to receive compensation of $125 per month, and the Mayor may elect to receive compensation of 5250 per month. In addition to said compensation, reimbursement may also be made to the Mayor and/or Councilmembers for actual expenses incurred while on official City business. Section 3. Desienation 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 his designee may deposit monies belongingto the City in any or all of said institutions in accordance with applicable law until fiu-ther order of the City Council. Section 4. Si mature and Payment Authorization. The Mayor, Councilmembers, and the City Administrator are all authorized as signatories on depository resolutions required by depository institutions. Any two ofthe above are hereby authorized to execute checks and savings withdrawals. Section 5 Authority to Keen Invest Transfer and Fxpend Funds. A. I'he Finance Director or his 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 froor one account to another. B. The Finance Director or his designee is hereby authorized to establish a petty cash imprest fund with a balance maintained at $800. The fund may be used to maintain cash drawer change fiords and provide for miscellaneous expenditures not to exceed S30 per transaction, except that upon approval of the City Administrator or the finance Director, a maximum expenditure of x100 per transaction may be made. C. The City Administrator or his 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 shal(be reported to the Council Such reports will normally be made ou a monthly basis. Section 6. Accounting Principles. "the City shall maintain its financial records and books of account in accordance with current generally accepted accounting principles, and all applicable Taws and regulations. Section 7. Interfund and Overhead Fees. Expenditures incurred by one fund for the bereft of another fund may be reimbursed in accordance with acceptable accounting procedures as determined by the Finance Director. Section 8. Bad Debts. The Finance Director is authorized to enteras uncollectible any unpaid bills of less than SI,000 which he reasonably determines to be uncollectible and are more than six months overdue. Section 9. Outstandine Checks. Outstanding checks stale dated at ]east six months may be voided, and if in the same fiscal year, may be credited back to where charged. If they are from prior fiscal years, they shall be credited to miscellaneous income in the proper fund. Section 10. Cauital Acquisition. Items costing more than $2,500, and having a useful life of more than one year, shall be capitalized. Section 11. Worker's Compensation Insurance. The City Administrator is authorized to enter into an agreement for provision of Worker's Compensation insurance coverage with such carrier and upon such terms as he shall deem to be in the best interests of the City. ~~ ,,,.jJ~~ Passed by the Council and signed by me in a e trcation of its passage this ~Y' `day of June, 2002. i~~'~ (~~ ~ ~ l~ Mayor I3i11 Walton AT ~ sT: City Representative q~y~ APPROVED by me this ~ da}~ of June, 200 ~yor Bilt Walton