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HomeMy WebLinkAbout(08) 13138: EDC ACCOUNTINGinteroffice MEMORANDUM To: Mayor, City Cou~y Manager From: Deborah Echol~/s~sTglant Director of Finance Date: May 13, 2005 ~ Subject: P.R. No. 13138; Council Meeting of May 24, 2005 Attached is P. R. No. 13138 as it pertains to the accounting process of the City of Port Arthur Section 4A Economic Development Corporation. DE:jb Attachment cc: Director of Finance z.pr13138.memo P.R. No. 13138 05/12/05 jb RESOLUTION NO. A RESOLUTION AS IT PERTAINS TO THE PAYMENT APPROVAL PROCESS OF THE CITY OF PORT ARTHUR SECTION 4A ECONOMIC DEVELOPMENT CORPORATION WHEREAS, the City Council desires to amend the approval and payment process of pay estimates of the City of Port Arthur Section 4A Economic Development Corporation. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR: Section 1. That the facts and opinions in the preamble are true and correct. Section 2. That pay estimates and/or invoices of the Section 4A Economic Development Corporation shall be processed as follows: · Pay estimates or invoices made on the basis of a contract of the Section 4A Economic Development Corporation shall first be approved by the EDC board prior to being submitted to the City Council for approval for payment. · Pay estimates or invoices of routine basis {$1,000 or less) need only to be signed and approved by the City Pr_amend signing of invoices Manager designee prior to being submitted to the accounting department for payment. Section 3. That a copy of the caption of the Resolution be spread upon the Minutes of the City Council. READ, ADOPTED AND APPROVED on this __ day of A.D. 2005, at a Regular Meeting of the City Council of the City of Port Arthur, Texas by the following vote: AYES: Mayor City Council NOES: OSCAR ORTIZ, MAYOR ATTEST: EVANGELINE GREEN, CITY SECRETARY APPROVED AS TO FORM: MARK T. SOKOLOW, CITY ATI'ORNEY Pr_mend signing of invoice~ APPROVED FOR ADMINISTRATION: STEPHEN FITZGIBBONS, CITY MANAGER APPROVED FOR SECTION 4A ECONOMIC DEVELOPMENT CORPORATION: DEBORAH ECHOLS, ASSISTANT DIRECTOR OF FINANCE Pr_amend signing of invoices