08/11/09 - Laserfiche WebLink

Home

FC~~ Councilmember introduced the following resolution and moved for its adoption: RESOLUTION #09-08-XXX RESOLUTION ESTABLISHING THE DUTIES OF THE FINANCE COMMITTEE WHEREAS, the finance committee (previously known as the budget committee) was established in 1991; and WHEREAS, the role of the committee is to review and make recommendations to the City Council regarding financial matters that may arise; and WHEREAS the finance committee will oversee the following matters that have a financial impact on the City: 1. Current Year General Fund Budget - Proposed, Amended and Adopted 2. Capital Improvement Plan: Verify necessary funding sources 3. Capital Outlay Requests for Equipment that exceed $25,000 4. Land Acquisitions-Other than those acquired via the EDA or HRA 5. Capital Projects-Municipal Buildings, Streets, Sewer Improvements, Storm Water Improvements, Street Improvements, and Water Improvements 6. Unbudgeted General Fund Requests that exceed $10,000 7. Bond Issuance 8. Change and or creation of fund/investment/financial policies 9. Any other financial activity that has a significant financial impact on the city NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: 1. That the Ramsey City Council authorizes the duties of the finance committee as those itemized above. The motion for the adoption of the foregoing resolution was duly seconded by Councilmember , and upon vote being taken thereon, the following voted in favor thereof: and the following voted against the same: and the following abstained: and the following were absent: Whereupon said resolution was declared duly passed and adopted by the Ramsey City Council this the 11 th day of August 2009.