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HomeMy Public PortalAbout96-025 (02-20-96)RESOLUTION NO. 96 -25 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING THE PROFESSIONAL SERVICE CONTRACTS FOR INDEPENDENT STUDIES RELATING TO THE CITY TREASURER AND GRANT CONTROL SYSTEM AND AUTHORIZING AN APPROPRIATION OF $10,080 TO COVER COST OF SERVICES WHEREAS, the City Treasurer is responsible for the City's cash flow and investment of public funds; and WHEREAS, the State Legislature recently passed two laws relating to the investment of public funds; and and WHEREAS, the enactments will require an evaluation of the current system; and WHEREAS, the City currently has a decentralized grant reporting system; WHEREAS, assistance is needed in evaluating the grant control system and making recommendations for improvements; and WHEREAS, Simpson & Simpson will provide independent studies and make recommendations at a cost of $10,080; and WHEREAS, an appropriation is needed to cover service costs. NOW, THEREFORE, the City Council of the City of Lynwood does hereby find, proclaim, order and resolve as follows: Section 1. That the Lynwood City Council authorizes and approves the service contracts for independent studies. Section 2. That the City Manager or his designee is hereby authorized to make the following appropriations: FROM TO AMOUNT General Fund Unappropriated Fund Balance 01- 41314220 $10,080 adoption. Section 3. That this resolution shall become effective immediately upon its PASSED, APPROVED, AND ADOPTED this 20t1day of February 1995. PAUL H. RICHARDS, H MAYOR ATTEST: Andres L. Hooper, City C erk APPROVED AS TO FORM: 'u1 :.. B. City Attorney APPROVED AS TO CONTENT: Faus n Ganz City Manager AYfreAta F. Earnest Director of Finance STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) I, the undersigned City Clerk of the City of Lynwood, do hereby certify that the foregoing resolution was passed and adopted by the City Council of the City of Lynwood at a regular meeting held on the 20th day of February, 1996. AYES: COUNCILMEMBER HENNING, REA, HEINE NOES: NONE ABSENT: COUNCILMEMBER BYRD, RICHARDkCity,1 i City of Lynwo d STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) I, the undersigned City Clerk of the City of Lynwood, and Clerk of theCity Council of said City, do hereby certify that the above and foregoing is a full, true and correct cope of Resolution No. 96 -25 on file in my office and that said resolution was adopted on the date and by the vote therein stated. Dated this 20th daY of February, 1996. �I` Cite Clerk