A10
                                                 ADMINISTRATIVE REPORT

                                                    Date:  November 5, 1996

   TO:        Vancouver City Council

   FROM:      Director of Finance

   SUBJECT:   Annual Financial Authorities - 1997



   RECOMMENDATION

        A.    THAT the Director of Finance be authorized for the period of
              January 1 to December 31, 1997, in accordance with Section
              215 and 216 of the Vancouver Charter, to draw warrants for
              payment and to report same in writing to the City Clerk for
              the information of Council within 15 days after the end of
              each month in which the warrant is drawn.

        B.    THAT the Director of Finance be authorized to temporarily
              use, during the period January 1 to July 15, 1997, such
              capital funds as are available, for other expenditures of the
              City, pending collections of taxes, as provided by Section
              259 (b) of the Vancouver Charter.

   MANAGER'S COMMENTS

        The General Manager of Corporate Services RECOMMENDS approval of A
        and B.

   COUNCIL POLICY

   Council has the policy to delegate to the Director of Finance the
   authorities of Council under the Vancouver Charter to approve the
   issuance of warrants (Section 215) and the utilization of capital funds
   (Section 259 (b)).  Details of all warrants drawn are filed with the
   City Clerk for the information of Council.

   SUMMARY

   The Director of Finance has requested certain authorities that Council
   is empowered to delegate under the Vancouver Charter.  These are
   administrative in nature and in no way infringe on Council's
   policy-making powers.

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