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HomeMy Public PortalAboutResolution 04-42541 1 1 RESOLUTION NO. 04 -4254 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMPLE CITY AUTHORIZING THE CITY MANAGER/CITY TREASURER TO INCREASE THE CITY CREDIT CARD LIMIT TO A MAXIMUM AMOUNT OF $25,000 WHEREAS, the City Council encourages prudent spending of taxpayer funds; and, WHEREAS, in the 21st century, many public and private agencies are making use of alternative payment methods for purchasing necessary goods and services; and, WHEREAS, the City of Temple City has had a Visa credit card account for some time to facilitate certain purchases that are authorized as part of the City Council's annual adopted budget; and, WHEREAS, in order to allow staff to more efficiently effectuate purchases of goods and services in pursuit of their official duties, the City Manager /City Treasurer has recommended the City Council update and increase the overall authorized limit of the City's credit card account. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TEMPLE CITY DOES HEREBY RESOLVE: SECTION 1. The City Manager /City Treasurer is authorized to implement certain improvements in the administration of the City's credit card report, including expanding the number of credit cards issued to authorized staff members; and, SECTION 2. The City Manager /City Treasurer is hereby authorized to increase the overall limit of the City's credit card account not to exceed an aggregate limit of $25,000; and, SECTION 3. The City Manager /City Treasurer is hereby authorized to implement administrative rules, regulations, and procedures to implement this change. PASSED, APPROVED AND ADOPTED on this 6th day of April, 2004. ATTEST: I v \. City Clerk re_ 9 Q,„0,u-ck MAYOR I, City Clerk of the City of Temple City, do hereby certify that the foregoing resolution, Resolution No. 04 -4254, was duly passed, approved and adopted by the City Council of the City of Temple City at a regular meeting held on the 6th day of April, 2004 by the following vote: AYES: Councilmember- Capra, Vizcarra, Wong, Arrighi NOES: Councilmember -Zovak ABSENT: Councilmember -None ABSTAIN: Councilmember -None / V d Ci ty Clerk