HomeMy WebLinkAboutORD 1105�.., ORDINANCE NO. 1105
AN ORDINANCE OF THE CITY OF PALM DESERT, CALIFORNIA
AMENDING SECTION 2.16.010 OF THE CODE OF THE PALM DESERT
MUNICIPAL CODE (AUDIT, INVESTMENT AND FINANCE COMMITTEE)
NOW, THEREFORE, the City Council of the City of Palm Desert, California, does
hereby ordain as follows:
Section 1: Findings
A. That Chapter 2.16 be and the same 2.16 and Section 2.16.010 be and the
same is amended to read as follows:
"Section 2.16.010 Office Created
There is established in the city an Audit, Investment and Finance
Committee composed of the Finance Director/Treasurer or Assistant Finance
Director, Deputy City Treasurer, City Manager or his designee, Assistant City
Manager for Redevelopment or his designee, two members of the City Council
appointed by the Mayor, and up to a maximum of four citizens from the
community appointed by the Mayor, subject to concurrence by the Council. The
Committee will make decisions regarding audits, investments and deposits of
money deemed by the Finance Director to be available as set forth in Chapter
2.08 of this Code."
Section 2: Publication
The City Clerk shall certify to the passage and adoption of this Ordinance and
shall cause the same to be published once in a newspaper of general circulation,
printed and published in the County of Riverside and circulated within the City of Palm
Desert, and the same shall be in force and effect thirty (30) days after its adoption.
PASSED, APPROVED AND ADOPTED by the City. Council of the City of Palm
Desert, California, at its regular meeting held this 120day ofianuary , 2006, by
the following vote to wit:
AYES: BENSON, CRITES, KELLY, SPIEGEL and FE USON
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
,.., JIM GU , MAYOR
ATTEST:.-
RACHELLE D. KL-ASSE , CITY CLERK
CITY OF PALM DESERT, CALIFORNIA