HRA RES 1979-03 - 00014090�
RESOLUTION N0. HRA-3 - 1979
A RESOLUTION OF THE HOUSING AND RE�EVELOPMENT AUTHORITY OF THE CITY
OF FRIDLEY TO ESTABLISH ACCOUNTING PROCEDURES FOR THE OPERATION OF
THE RUTHORITY
WHEREAS, The Hous�ng and Redevelopment Ruthor�ty of the City of
Fridley,here�n after referred to as the Authority, �s a duly established
non-profit Corporation of the State of M�nnesota.
WHEREAS, it is necessary to establish account�ng procedures for the operation
of the Authority
NOW THEREFORE, BE IT RESOLUED by the Housing and Redevelopment Author�ty of
the City of Fr�dley that the followtng accounting procedures shall be
established.
l. All disbursements shall be made only upon the order of the Director or
Executive �irector of the Author�ty, duly author�zed by a resolut�on or
motion of the Author�ty, and every such order shall spec�fy the purpose
for which the disbursement ts made, and ind�cate the fund out of wh7ch it
is to be paid. Each such order shall be d�rected to the F�nance
� Director, and the latter shall issue a check payable to the order of the
person in whose favor the order was drawn. The Finance Director shall
issue no check upon any HRA funds except upon such order In the
discretion of the Housing and Redevelopment Authority the order and check
may be a single �nstrument. No Claim aga�nst the Authority shall be
allowed unless accompanied by either an itemized bill or a payroll, or
time sheet, each of which shall be approved and s�gned 6y the Director or
Executive Director who vouches for the resonableness thereof. The
Hausing and Redevelopment Author�ty may by resolut�on make add�tional
regulations for the safekeeping and disbursement of the Author�ty's funds.
2. The Authority shall provide for the regular payment without specif�c
ind�vidualized author�zation by the Author�ty of salaries and wages of
regular employees, laborers, and f�xed charges which by agreement w�th
the C�ty have been previously du1y and regularly incurred.
3. Any expenses incurred by the City on behalf of the Authority by agreement
with the authority shall be directed to the Author�ty �n a monthly
statement to be reinbursed to the City with authorization by the
Authority.
�
Page 2- RESQLUTION NQ. H�'3 - 1979
� PASSED RND ADOPTED BY THE HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF
FRI�LEY THIS 8th D�Y DF NOVEf�BER > 1979•
Lh1RR1 L I' •ILR.] - UIY11R1'1I11V
HOUSING ND REDEVELOPMENT AUTHORITY
ATTE
�
E�1IVE DIREC�OR - JERROLD L. BOARDMRN
r
�
�