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HomeMy WebLinkAboutCity Council Resolution 1011.4 RESOLUTION ..j, 1011.4 REBOLUTION OF THE CITY COUNCIL OF THE CITY OF BAI~TOGA EBTI~BLISBING THE FINANCE COMMIBBION AND REPEALINQ RESOLUTION 1011.3 CONCERNINQ THE FINANCE ADVISORY COMMITTEE WEEREAS, the Finance Advisory Committee was established on May 20, 1981, by Resolution 1011, which was later amended by Resolutions 1011.1, 1011.2 and 1011.3, and WHEREAS, the City Council desires to establish a Finance Commission that will advise the Council on financial matters pertaining to the governing of the City, as well as on the use of fiscal resources and the development of technology for the City. NOW, THEREFORE, BE IT RESOLVED, that Resolution 1011.3 is hereby repealed. The City Council establishes in the place of the Finance Advisory Committee the Finance Commission. The statement of purpose of the Finance Commission and the membership for the Commission shall be as follows: 1. The Commission shall undertake and perform specific tasks in the areas of financial management, financial planning, information technology development, facilities needs, resource utilization, and other and such other related tasks as may be assigned from time to time by the City Council. 2. The Commission shall meet monthly or as required to discuss matters of concern. 3. It is not intended that the Committee function in an oversight capacity. 4. The Commission shall consist of seven members who shall serve four-year overlapping terms of office. Members shall be selected on the basis of their knowledge, experience and qualifications in financial management and related areas. The above and foregoing resolution was passed and adopted by the Saratoga City Council at a meeting held on the 19th day of November, 1997, by the following vote: AYES: Councilmembers Bogosian, Jacobs, Shaw, Wolfe, and Mayor Moran NOES: None ABSENT: None ~,,,_,,,,/~~ ~(IR,-,,,,,) .. ~ or. / ATTEST: Deputy City Clerk