HomeMy WebLinkAbout01/04/1996, C-5 - UPDATE OF PAYMENT DISBURSEMENT AND RECEIPT AUTHORITYCity Of San LUIS OBI SPO MEETING DATE:
COUNCIL AGENDA REPORT ITEM MBER•
FROM: Bill Statler, Director of Finance ;!Z-
Prepared by: Linda Asprion, Revenue Manager
SUBJECT: UPDATE OF PAYMENT DISBURSEMENT AND RECEIPT AUTHORITY
CAO RECOMMENDATION
Adopt a resolution updating payment disbursement and receipt authority.
DISCUSSION
Since 1981, the Council has appointed the Director of Finance to serve concurrently as the City
Treasurer. In the last update to this authorization (Resolution No. 6148, adopted on January
20, 1987), specific job titles are authorized to act on behalf of the Director of Finance /City.
Treasurer in signing checks, drafts, wire transfers and other similar transactions in making
deposits, payments and investments.
As occurs over time when specific job titles are named in a resolution, the position titles
referenced in Resolution No. 6148 (Chief Accountant and Assistant Treasurer) are no longer
valid. Accordingly, the proposed resolution updates the listing of City positions authorized to
act on behalf of the Director of Finance /City Treasurer based on our current practice: Revenue
Manager, City Administrative Officer, Assistant City Administrative Officer, and other officials
formally designated by the Director of Finance /City Treasurer to serve in her or his absence
on a case -by -case basis.
ATTACIIAMNT
Proposed resolution updating payment disbursement and receipt authority
C-5--1
RESOLUTION NO. (1996 SERIES)
A RESOLUTION OF THE COUNCIL OF THE CITY OF SAN LUIS OBISPO
UPDATING PAYMENT DISBURSEMENT AND RECEIPT AUTHORITY
WHEREAS, it is the policy of the City of San Luis Obispo for the Director of Finance
to concurrently hold the position of City Treasurer; and
WHEREAS, Resolution No. 6148 designates specific positions to act on behalf of the
Director of Finance/City Treasurer that no longer exist.
NOW, THEREFORE, be it resolved by the Council of the City of San Luis Obispo as
follows:
SECTION 1. The Director of Finance is hereby appointed to concurrently hold the
position of City Treasurer.
SECTION 2. The Director of Finance /City Treasurer is hereby authorized to sign all
checks, drafts, wire transfers and other orders for and on behalf of the City for deposit,
payment or investment in accordance with Government Code Section 53601.
SECTION 3. The Director of Finance /City Treasurer is hereby authorized to designate
the following positions with signature and representation authority to act in her or his.behalf
on the matters set forth above in Section 2 of this Resolution: Revenue Manager, City
Administrative Officer, Assistant City Administrative Officer, and other officials formally
designated by the Director of Finance/City Treasurer to serve in her or his absence on a case -
by -case basis.
SECTION 4. Resolution No. 6148 (1987 Series) is hereby rescinded.
On motion of seconded by
and on the following roll call vote;
AYES:
NOES:
ABSENT:
the foregoing Resolution was passed and adopted this day of June, 1995.
Mayor Allen Settle
ATTEST:
City Clerk
APPROVED: