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HomeMy WebLinkAbout2020-622-08.17.2020Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323. RESOLUTION NO. 2020-622 RESOLUTION AMENDING THE EXPENDITURE AUTHORIZATION POLICY BY INCREASING THE EXPENDITURE PRE -AUTHORIZATION LIMIT FROM $1,000 TO $2,500 FOR ALL PURCHASES. WHEREAS, the City of Waterloo has established a policy with regards to expenditures of municipal employees and department heads, and WHEREAS, said policy requires pre -authorization of council for purchases in excess of $1,000, and NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Expenditure Pre -Authorization Policy for Municipal Employees and City Department Heads is hereby amended as follows: Section 1. That the Expenditure Authorization Policy is amended by increasing the expenditure pre -authorization limit from $1,000 to $2,500 for all purchases. PASSED AND ADOPTED this 17th day of August 2020. Quentin Hart, Mayor ATTEST: Kelley r.etc/zIe Kelley Felchle City Clerk