huntington beach banner
File #: 21-235    Version: 1
Type: Consent Calendar Status: Passed
File created: 3/9/2021 In control: City Council/Public Financing Authority
On agenda: 4/5/2021 Final action: 4/5/2021
Title: Adopt Resolution No. 2021-21 designating the Chief Financial Officer, the City Treasurer, the Assistant Chief Financial Officer, and the Finance Manager-Treasury as persons authorized to execute Financial Transactions in the name of the City of Huntington Beach
Attachments: 1. Att#1 Resolution 2021-21 Signature Authority
REQUEST FOR CITY COUNCIL ACTION

SUBMITTED TO: Honorable Mayor and City Council Members

SUBMITTED BY: Oliver Chi, City Manager

PREPARED BY: Dahle Bulosan, Chief Financial Officer

Subject:
title
Adopt Resolution No. 2021-21 designating the Chief Financial Officer, the City Treasurer, the Assistant Chief Financial Officer, and the Finance Manager-Treasury as persons authorized to execute Financial Transactions in the name of the City of Huntington Beach
body

Statement of Issue:
Public law requires that the City Council designate the persons authorized to execute financial transactions in the name of the City of Huntington Beach. City Council authorization is requested to update the list and titles of persons designated to transact on the City's behalf.

Financial Impact:
There is no fiscal impact associated with these changes.

Recommended Action:
recommendation
Adopt Resolution No. 2021-21, "A Resolution of the City Council of the City of Huntington Beach Authorizing the Manual and/or Facsimile Signatures of the Chief Financial Officer, City Treasurer, Assistant Chief Financial Officer, and Finance Manager-Treasury as Persons Authorized to Execute Financial Transactions in the Name of the City of Huntington Beach."
end

Alternative Action(s):
Do not approve the recommended action and direct staff accordingly.

Analysis:
Public law requires that the City Council designate the persons authorized to execute financial transactions in the name of the City of Huntington Beach. City Council authorization is requested to update the list and titles of persons designated to transact on the City's behalf.

Currently, the Assistant City Manager, City Treasurer, Finance Manager-Budget, Finance Manager-Accounting Services, and Finance-Manager-Treasury are authorized to execute financial transactions on the City's behalf. Due to recent vacancies and title changes for staff, it is recommended the resolution be updated to amend signers to reflect and record these cha...

Click here for full text