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City Council Agenda and Packet 2025 03 18
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City Council Agenda and Packet 2025 03 18
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5/23/2025 12:02:22 PM
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City Council Records
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3/18/2025
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City Council Packet
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LCity,/ <br />Louisville <br />COLORADO • SINCE 1878 <br />SUBJECT: RESOLUTION NO. 15, SERIES 2025 — A RESOLUTION <br />AUTHORIZING CHANGES TO THE APPROVED SIGNERS FOR <br />THE CITY'S BANKING AND FINANCIAL ACCOUNTS <br />DATE: MARCH 18, 2025 <br />PRESENTED BY: RYDER BAILEY, FINANCE DIRECTOR <br />SUMMARY: <br />Best fiscal and financial practices require the City to adopt formal approval of authorized <br />employees to conduct the City's financial transactions. In fact, some investment <br />relationships will not change authority without a Council action. <br />Due to the resignation of the current City Clerk, the City needs to move this authorization <br />to the Interim City Clerk. This resolution also adds Senior Accountant, Julie Glaser as a <br />replacement for the former Accounting Manager. <br />FISCAL IMPACT: <br />None <br />PROGRAM/SUB-PROGRAM IMPACT: <br />The Resolution addresses the Finance objective to monitor financial policies and activities <br />and all internal controls to ensure the safeguarding of public assets. <br />RECOMMENDATION: <br />Approval of the resolution. <br />ATTACHMENTS: <br />1. Resolution No. 15, Series 2025 <br />STRATEGIC PLAN IMPACT: <br />Financial Stewardship & ❑ <br />Asset Management <br />Vibrant Economic <br />Climate <br />Engaged Community <br />Supportive Technology <br />Reliable Core Services <br />Quality Programs & <br />Amenities <br />Healthy Workforce <br />Collaborative Regional <br />Partner <br />28 <br />
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