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City Council <br />Meeting Minutes <br />September 1, 2015 <br />Page 14 of 18 <br />PURCHASING POLICY UPDATE <br />1. RESOLUTION No. 62, SERIES 2015— A RESOLUTION AMENDING CITY OF <br />LOUISVILLE PURCHASING POLICIES <br />2. ORDINANCE No. 1701, SERIES 2015 — AN ORDINANCE AMENDING <br />CERTAIN SECTIONS OF CHAPTER 3.08 OF THE LOUISVILLE MUNICIPAL <br />CODE PERTAINING TO THE PROCUREMENT OF GOODS, SERVICES AND <br />CONTRACTS FOR PUBLIC WORKS —1st Reading — Set Public Hearing <br />9/15/15 <br />Mayor Muckle requested a City Attorney introduction. <br />City Attorney Light introduced Ordinance No. 1701, Series 2015 and reviewed <br />Resolution No. 62, Series 2015. <br />Public Relations Manager Muth explained the City Council asked staff to review the <br />current purchasing policy limits, specifically the level at which a purchase requires City <br />Council approval. Resolution No. 62, Series 2015 and Ordinance No 1701, Series 2015 <br />if authorized, would approve a change in the purchasing policy allowing the City <br />Manager to approve purchases up to $99,999.99 as long as the purchase is already <br />approved in the annual budget. During the annual budget process the City Council <br />reviews in detail the Five -Year Capital Improvement requests and the budget for every <br />fund, the culmination of which is the annual budget approved by the City Council. The <br />budget authorizes expenditures for specified purposes and projects. <br />Staff recommended change for purchases over $50,000 to give the City Manager the <br />authority to approve contracts and purchases up to $99,999, only if the project was <br />previously approved by the City Council in the annual budget process. Currently all <br />projects over $49,999 require City Council approval. To ensure the City Council stays <br />informed of expenditures in the $25,000 to $49,999 range (or the $99,999 range if <br />approved), the City Manager includes a report in the second City Council packet of each <br />month listing all such expenditures he has approved. <br />Staff would continue to secure Council approval of all expenditures over $100,000 and <br />any project or purchase over $25,000 not already approved in the annual budget. The <br />City Manager has the discretion to bring to the City Council any purchase /project he <br />determines should have the Council's explicit approval because it may be of special <br />interest. Staff recommended the City Council approve Resolution No. 62, Series 2015 <br />and approve Ordinance No. 1702, Series 2015 on first reading and seta second <br />reading and public hearing for September 15, 2015. <br />COUNCIL COMMENT <br />Council member Lipton stated he recommended these changes for purposes of <br />efficiencies.. He noted it would also save the City time and money. He stated if an item <br />