HomeMy WebLinkAboutResolution 4448
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RESOLUTION NO. 4448
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
ESTABLISHING A PETTY CASH FUND
WHEREAS, Minnesota Statutes section 471.56,
Subdivision 5, authorizes the Council to establish an imprest,
petty cash fund;
NOW, THEREFORE, BE IT RESOLVED, that the Council does
hereby establish a Petty Cash Fund for the purpose of paying
claims against the City which are impractical to pay in any other
manner. Said Fund shall be regulated in the following manner:
1) the sum of three hundred dollars shall be deposited in
the Fund and shall be maintained as the Fund Balance;
2) the Treasurer, or Treasurer's designate, shall be the
custodian of the Fund;
3) monies shall be disbursed by the custodian only for
proper claims against the City which are impractical to pay
in any other manner;
4) all such claims shall be authorized by the appropriate
department head prior to disbursement by the custodian;
5) no such claim shall exceed twenty-five dollars;
6) no claims shall be for salary or reimbursement of any
personal expense of a city officer or employee;
7) the custodian of the Fund shall regularly submit the
claims to the Council with a request for transfer of monies
from the appropriate funds in order to maintain said Fund.
Adopted this 13th day of December, 1993.
(SEAL)