CC - 1960 - 54 - Special Fund in City Treasury• •
RESOLUTION NO. 60-54
A RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF.ROSEMEAD ESTABLISHING
A SPECIAL FUND IN THE CITY TREASURY
WHEREAS, it is deemed desirable to establish.-an
informal and inexnensive mannerfor the receipt and dis-
bursement of small sums by the administrative office of the
City of Rosemead and to avoid..the necessity of nrer)aring
formal documents for City Council annroval in the case of
such small disbursements, not to exceed $200.00 in the
aggregate
NOW, THEREFORE, BE IT RESOLVED, that the City
Treasurer is hereby authorized and directed to establish
a special revolving account.of the City of Rosemead to
be known as the "Permit and Petty Cash Fund" and to deposit
therein fees received for any and.all Permits issued
administratively by and on behalf of the City of Rosemead-
and
BE IT FURTHER. RESOLVED; that any denos i tg. I n said
Fund exceeding, in the aggregate, the sum of $200.00 shall
be transferred by the Treasurer into the General Fund of
the City of Rosemead and that the City Treasurer, the City
Clerk, the Deputy City, Clerk and the City Administrator,
or any of them, shall be and hereby authorized to draw against
the said Permit and Petty Cash Fund for incidental adminis-
,trative exnend.itures and disbursements, without prior or
subseouent formal authorization by the City Council, extent
that an accurate record shall be kent by the City Treasurer
9f all such deposits and disbursements and a re,)ort thereof
shall be made to the City Council not less than once a year-
and
BE IT FURTHER.RESOLVED,
Cash Fund heretofore established
abolished and any and all monies
be transferred to the Permit and
established.
PASSED by the City Coun
this 9th day of August, 1960.
that the special Petty
be, and it is hereby
on deposit therein shall
Petty Cash Fund hereby
cil of the City of Rosemead
MAY09 TRE-Cl-TY OF ROSMM
ATTEST: