HomeMy WebLinkAboutResolution 43-91 RESOLUTION NO. 43-91
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF ATASCADERO, CALIFORNIA
CREATING A POLICY RELATED TO
CAPITAL PROJECT FUNDING
WHEREAS, it is expressly prohibited to expend funds on capital
projects without Council authorization; and
WHEREAS, there are occasions when additional funds are
required for capital projects after bids have been awarded and work
has begun; and
WHEREAS, in order to recognize the importance that timing can
and does have on project costs.
NOW, THEREFORE, be it resolved that the Atascadero City
Council does hereby adopt the following policy:
Staff with concurrence of the City Manager shall have the
discretion to make up to 10% adjustment on a specific project
up to $10,000 with the understanding that such action shall
receive Council ratification at the next available scheduled
Council meeting. In the event that an increase in cost
exceeds $10,000, staff must either wait for the City Council
to act on such change at the next available scheduled Council
meeting or request that Council convene a special meeting
requiring 24 hours notice.
On motion by Councilmember Nimmo, seconded by Councilmember
Dexter, the foregoing resolution is hereby adopted in its entirety
on the following roll call vote:
AYES: Councilmembers Shiers, Borgeson, Nimmo, Dexter and Mayor
Lilley
NOES: None
ABSENT: None
ADOPTED: 6/11/91
ATTEST: CITY OF ATASCADERO
By.
LEE RABCIN, ity Clerk R BERT LILLE , ayor