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HomeMy WebLinkAboutCity Council Resolution 17-009 Establishing Finance Committee of the WholeRESOLUTION 17-009 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA ESTABLISHING THE FINANCE COMMITTEE AS A COMMITTEE OF THE WHOLE WHEREAS, the Finance Committee was officially established as a standing committee of the City Council on September 5, 2007; and WHEREAS, since its formation, the Finance Committee has been comprised of two members of the City Council and meets to review financial matters in preparation for City Council Meetings; and WHEREAS, the Finance Committee provides a Council perspective and guidance to staff on financial matters brought forth to the City Council; and WHEREAS, State regulations and the current structure of the Finance Committee only allow for participation and engagement of two members of the City Council; and WHEREAS, this resolution will establish the Finance Committee as a Committee of the Whole whereby all members of the City Council may participate and attend Finance Committee meetings, but only the two appointed members of the Finance Committee may take action and make recommendations to the City Council. NOW, THEREFORE, BE IT RESOLVED that the City Council does hereby establish the Finance Committee as a Committee of the Whole for the purpose of reviewing financial matters, the budget, fiscal policies in preparation for City Council Meeting, providing a Council perspective and recommendations to staff on financial matters brought forth to the City Council, and making recommendations to the City Council. The Finance Committee is not authorized to take any action on behalf of, or acting as, the City Council with the exception of determining Village Facade Improvement Program grant allocations. All members of the City Council are members of the Finance Committee. The two Council members previously appointed to the Finance Committee are the voting members of the Finance Committee for the remainder of 2017 and shall be determined thereafter by the City Council as part of its annual update of City Council committee assignments. A quorum for the purpose of holding meetings and making decisions shall consist of the two voting members of the committee. City Council members are not required to attend meetings of the committee; because no City Council business may be conducted at Finance Committee meetings the meetings shall not be considered meetings of the City Council. The committee is a legislative body subject to the requirements of the Brown Act and all meetings of the committee shall be noticed and otherwise carried out in accordance with that and other applicable laws. The above and foregoing resolution was passed and adopted at a regular meeting of the Saratoga City Council held on the 15th day of February 2017 by the following vote: AYES: Mayor Emily Lo, Vice Mayor Mary -Lynne Bernald, Council Members E. Manny Cappello, Howard A. Miller, Rishi Kumar NOES: ABSENT: ABSTAIN: ATTEST: gra &them, 1 Bothelio, City Clerk Emil o, Mayor DATE: 1' f 11e* O 11