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HomeMy WebLinkAboutCity Council Resolution 1011.2 RESOLUTION NO. 1011.2 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA REPEALING RESOLUTION 1011 CONCERNING THE FINANCE ADVISORY CCMvlITTEE WH]tREAS, the Finance Advisory Committee was established by the City Council on May 20, 1981, by Resolution 1011, and WHEREAS, over the span of time of its existence the Committee's functions have been redefined at various times to enable the Committee to carry out its activities in the manner most useful to the City, and WHEREAS, the Chair of the Committee has suggested various changes to Resolution 1011, and the City Council wishes to implement those changes. NOW, THEREFORE, BE IT RESOLVED, that Resolution 1011 is hereby repealed. The statement of purpose of the Finance Advisory Committee and the membership of the Committee shall be as follows: 1. The Committee shall review the ~ity's annual audits and annual budget preparations and present recommendations or comments as appropriate to the Manager and to the City Council. 2. The Committee shall undertake and perform such other specific tasks as may be assigned from time to time by the City Council. 3. The Committee shall meet as required to discuss matters of concern. 4. The Committee is to function in harmony and cooperation with the City Manager to the extent possible. It is not intended that the Committee function in an oversight capacity. 5. The Committee shall consist of five members who shall serve three-year overlapping terms of office. Members shall be selected on the basis of their knowledge, experience and qualifications in financial management. The above and foregoing resolution was passed and adopted at a regular meeting of the Saratoga City Council held on the 20th day of November, 1985, by the following vote: AYES: Councilmembers Callc~, Fanelli, Hlava, Moyles and Mayor Clevenger NOES: None ABSENT: None k~.~,.~!~.,I~ ,1' Mayor ATIEST: Deputy City Cler~'~