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File #: MO 21-07    Version: 1 Name: Designate Finance Director to Make Electronic Transfers
Type: Motion Status: Passed
File created: 1/4/2021 In control: City Council
On agenda: 1/4/2021 Final action: 1/4/2021
Title: DESIGNATE THE FINANCE DIRECTOR TO MAKE ELECTRONIC FUNDS TRANSFERS
Sponsors: Joe Huss

ORGANIZATIONAL BUSINESS - Joe Huss, Finance Director

 

Title

DESIGNATE THE FINANCE DIRECTOR TO MAKE ELECTRONIC FUNDS TRANSFERS

 

Background

In 2019 the City adopted its Electronic Funds Transfer (EFT) Policy, per Minnesota Statute 471.38. Pursuant to this policy the City Council annually delegates the authority to make EFT’s to the City’s Finance Director. 

 

Recommendation

By motion, delegate the authority to make EFT’s to the City’s Finance Director.