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HomeMy WebLinkAboutOCSD 98-25RESOLUTION NO.OCSD 98-25 AUTHORIZING PETTY CASH FUND A RESOLUTION OF THE BOARD OF DIRECTORS OF ORANGE COUNTY SANITATION DISTRICT AUTHORIZING A PETTY CASH FUND AND PROVIDING FOR THE ADMINISTRATION THEREOF The Board of Directors of Orange County Sanitation District, DOES HEREBY RESOLVE,DETERMINE AND ORDER: Section 1 That establishing a Petty Cash Fund is hereby authorized. Section 2 That the purpose of the Petty Cash Fund is for small purchases of services and supplies,making change,paying legal filing fees,registration fees,~ expenses incurred in connection with attendance at seminars or meetings,as directed by the Board of Directors or General Manager,equipment rental,C.O.D.freight-~n and freight-out,or similar items.I Section 3 That the amount of said Petty Cash Fund shall not exceed $1 5,000.00. Section 4 That the Director of Finance is hereby authorized to administer the Petty Cash Fund and to establish procedures for said administration of the Fund,. Section 5 That Petty Cash funds may be retained in safekeeping èqui~ment with the District’s office,or in a bank checking account,or both,at the discretion~of the Director of Finance. PASSED AND ADOPTED at a Special Meeting held July 1,1998. Chair AU T: Board Sec,~tary 0 2090-300 64938_I