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12/20/2011 Resolutions 2011-379RESOLUTION 2011-379 WHEREAS, the City Council is hereby creating a spending policy prerequisite for the expenditure of public funds, and WHEREAS, prior to paying or presenting to the City Council for payment, there are three (3) prerequisite compliance items that must be met; and WHEREAS, there must be sufficient cash on hand in the Fund , or the pending cash receipt within 100 days of expenditure request, and WHEREAS, there must be specific budget authority in the Fund and Progam, and WHEREAS, after there is determined to be sufficient cash in the Fund, and Budget Authority in the Fund and Program, then there must be compliance with the Procurement Policies as established by the City Council and provided for in City Code. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, Adopted by the City Council of the City of Grand Island, Nebraska, December 20, 2011. Jay Vavricek, Mayor Attest: RaNae Edwards, City Clerk Resolution �2011-379 was referred to a Study Session within the first 60 dags of 2012 by the City Council at their meeting on December 20, 2011. Approved as to Form n December 19, 2011 tt City A orney