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HomeMy WebLinkAbout710 - Authorizing Payment of Warrants for Contractual Obligations0 RESUIU:TON IJO. 710 A RE6CLIi'P101 AOT1i0:d ZIi:6 'ITL DIREOTCR vF FL.A_CE TO FAY WA1,1AiJS FOR CERTAI6, CONIHAC'i UAL OnLIGAi1OES 07 IHS CITY. 6AIEh.EAS, the City has heretofore entered into, anr' will from time to time enter into, contracts calling for o�Kvnents of money at definite and specific a,tes, and 57HE,'EAS, due to t:ie fact that the City Council meets only on the first and third rlondays of each month, and, tharafore, cannot ap- prove in all cases such paynents in time for the issuance of tine warrants by tine Director of Finance; P'"Ta:", adEP:;itE, tae City Council of the City of Costa hesa does hereby resolve and determine as follows: Section 1. The Director of Nin ranee is hereby authorized -:o draw and eliver warrants payable upon the City on any contractual obli- gations of the City, proviced that said contractual obligation has first been submitted to the City Council by the Director of Finance, and ap- proved by said City Cottrcil. Sec`,ion 2. At least once each month the Director of Finance shall submit a list of all contr,ctual obligations entered into by City w-ich call for tae pa,ment of money by C°ty on speoific dates. After ap- proval of much list by the City Council, the ldrectcr of Finance shall thereafter have authority to dray and pay warrants as called for in said contracts. Section 3. `Phe Lireotor of Fin_nce shall at the next council meeting following such payment, present to tae Counc-I a warrant resolu- tion slowing such payments, and requesting taerein that the City Council ratify said payments. PASSED ALJ A,;UITED this 7th day of I- :arch, 1960. i;ay o£ t City o_Costa ]-.esa ATTEST: 77y_erk of the amity of Costa Plesa _143 ,144 3.ATE Y" CAL'i FJ.,:IA ) C,JiM J, OALIOE ) S:. CITY Jc Cu3'iA ;:ESA ) I, A. C. S.AITZ, City Clerk of tl::e City of Costa Less, hereby certify that the above and forecoing Resolution Ieo. '(10 was duly and regu- larly passed arid acopted at a regular neetin- of the City Council of the City of Costa h,esa held on the '7th day of r.ar on, 1960, by the Following r,11 -call vote: AY a; CJOPICILT:-IN HEA, B. ShITH, :1;YEILS, FI6KLEY, J. 67HTH P:0!sS: CONNCIIMEN NONE ABSENT: COUNCILIEh NONE IN ',T`M1ESS WHE.,_:OF, I have hereunto set m' hand and affixed the Seal of the City of Costa hesa, this 8th day of Farch, 1960. City Clerk and ex -officio Clerk of the City Council of the City of Costa i:esa ,`� V - Chief Deputy