ADMINISTRATIVE REPORT

Date: November 26, 1999
Author/Local: Ken Bayne / 7223
RTS No. 01156

CC File No. 1612

Council: December 14, 1999

TO:	Vancouver City Council
FROM:	General Manager of Corporate Services/Director of Finance
SUBJECT:	Annual Financial Authorities - Year 2000

RECOMMENDATION

A. THAT the Director of Finance be authorized for the period of January 1 to December 31, 2000, 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, 2000 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.

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 do not infringe on Council’s policy-making powers.

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(c) 1998 City of Vancouver