RESOLUTION 87-18775 RESOLUTION NO. 87-18775
A RESOLUTION AUTHORIZING CREATION AND MAINTENANCE OF AN
IMPREST CHECKING ACCOUNT FOR THE RECREATION DIVISION
WITH NCNB (NORTH CAROLINA NATIONAL BANK) OF MIAMI BEACH;
REPEALING RESOLUTION NO. 84-17687 .
BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH,
FLORIDA, THAT EFFECTIVE MARCH 4 , 1987 :
SECTION I . 1 . An imprest checking account in the amount of
$10 , 000 . 00 ( ten thousand dollars) be
established at NCNB (NORTH CAROLINA NATIONAL
BANK) OF MIAMI BEACH.
2 . That the three ( 3 ) following employees be
authorized to sign professional services
checks and that two ( 2 ) signatures be required
on each check:
A. Ronald Rumbaugh
B. Randy Wilkinson
C. William Irvine
3 . That the maximum amount to be paid by such
checks be $500 . 00 ( five hundred dollars ) .
4 . That a full accounting be rendered by the
Recreation Division each time reimbursement of
the checking account is requested.
5 . That checks be prepared in two ( 2 )
record-keeping and auditing copies.
SECTION II . That Resolution No. 84-17687 be and the same is
hereby repealed.
PASSED and ADOPTED this 4th day of March , 1987 .
7, 4k
ce Mayor
Attest:
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City Clerk
FORM APPF . JED
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VA CA TIONL A ND U. S. A.''
OFFICE OF THE CITY MANAGER CITY HALL
ROB W.PARKINS 1700 CONVENTION CENTER DRIVE
CITY MANAGER TELEPHONE: 673-7010
COMMISSION MEMORANDUM NO. I-39' Y7
MARCH 4, 1987
DATE:
TO: Mayor Alex Daoud • - •
Members of th ity Com P ssio A
FROM: Rob W. Parkiiriom.orml
City Manager -
SUBJECT: RECREATION DI ISION IMPREST CHECKING ACCOUNT - INCREASE IN CHECKING
ACCOUNT AND LIMIT OF EACH CHECK
The Recreation Division has requested the limits of their imprest checking
account be increased to eliminate the issuance of multiple checks to
entertainers and performers.
This resolution repeals Resolution No. 84-17687.
The present regulations of the Recreation Division Imprest Account were last
updated over six years ago. The single cost for bands and entertainers for the
dances, vaudeville shows, and performers and contracted personnel for special
events have risen above the minimum allowable per check amount of $350.00. In
order to maintain service , and process payment for these at time rendered, an
increase to $500.00 per check is required. Additionally, to prevent bank over
drafts an increase in the bank account to $10,000.00 is necessitated.
Presently the limitations are:
Bank account - $6,000.00
Per check - $350.00
Requested limit is:
Bank account - $10,000.00
Per check - $500.00
ADMINISTRATION RECOMMENDATION
The Administration recommends approval of resolution increasing the limits of
the Recreation Division Imprest Checking Account.
RWP/RLR/JRW/pc
1
AGENDA C
ITEM "
DATE 3_ - el
ORIGINAL
RESOLUTION NO, 87-18775
(Authorizing creation and maintenance of
an imprest checking account for the
recreation division with NCNB (North
Carolina National Bank) of Miami Beach;
repealing Resolution No, 84r17687)
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