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HomeMy WebLinkAboutCity Council Resolution 1011.3 RESO~ION NO. 1011.3 RES6IirflON OF THE CITY O011NCIL OF THE CITY OF SARATOGA REPEALING RESOLUTION 1011.2 CONCERNI~ THE FINANCE ADVISORY CfDMITTEE WHEREAS, the Finance Advisory Committee was established by the City Council on May 20, 1981, by Resolution 1011, which was later amended by Resolutions 1011.1 and 101 ]. 2, 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 WHERFAS, the City Council and the Committee have agreed on various changes in the Co~ttee's role, and the Council wishes to implement those changes. NOW, THEREFORE, BE IT RESOLVED, that Resolution 1011.2 is hereby repealed. The statement of purpose of the Finance Advisory Committee and the membership of the Conmittee shall be as follows: 1. The Committee shall undertake and perform specific tasks in the areas of financial management, financial planning, facilities needs, resources development, and such other related tasks as may be assigned from time to time by the City Council. 2. The Committee shall meet as required to discuss matters of concern. 3. 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. 4. 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 May, 1987, by the following vote: AYES: Councilmembers Anderson, Clevenger, Foyles, Peterson, and Mayor Hlava NOES: None ABSENT: None Y ATIEST: Deputy