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HomeMy WebLinkAboutCity Council Resolution 24-047, Renaming Finance Committee RESOLUTION 24-047 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA RENAMING THE CITY COUNCIL FINANCE COMMITTEE TO FINANCE ADVISORY COMMITTEE 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 and makes recommendations 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 rename the City Council Finance Committee to the Finance Advisory Committee. The Finance Advisory Committee will remain a committee of the Whole whereby all members of the City Council may participate and attend Committee meetings,but only the two appointed members of the Committee may take action and make recommendations to the City Council. NOW,THEREFORE,BE IT RESOLVED that the City Council does hereby establish the new name of Finance Advisory Committee,replacing the name of Finance Committee.The Finance Advisory Committee is not authorized to take any action on behalf of, or acting as, 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 3rd day of July 2024 by the following vote: AYES: COUNCIL MEMBERS FITZSIMMONS, PAGE, WALIA, VICE MAYOR AFTAB, MAYOR ZHAO NOES: NONE ABSENT: NONE ABSTAIN: NONE Ya hao, Mayor City of Saratoga CTTEST* Britt Avrit, City Clerk City of Saratoga