HomeMy WebLinkAboutResolutions - No. 86-67RESOLUTION NO. 86-67
RESOLUTION AUTHORIZING THE EXECUTION OF AN AGREEMENT
BETWEEN THE CITY AND THE LIBRARY BOARD OF TRUSTEES
TO PROVIDE FOR THE ADMINISTRATION BY THE CITY
OF THE LIBRARY MAINTENANCE AND OPERATIONS FUND
RESOLVED, that the City Council of the City of Lodi does hereby
authorize the execution of an agreement between the City and the
Library Board of Trustees to provide for the administration by the
City of the Library Maintenance and Operations Fund, a copy of
which agreement is attached hereto, identified as Exhibit "A",
attached hereto and thereby made a part hereof.
BE IT FURTHER RESOLVED, that the City Council of the City of Lodi
does hereby authorize the City Manager and City Clerk to execute
the subject document on behalf of the City of Lodi.
Dated: May 7, 1986
I hereby certify that Resolution No. 86-67 was passed and adopted
by the City Council of the City of Lodi in a Regular Meeting held
May 7, 1986 by the following vote:
Ayes: Council !embers - Hinchman, Olson, Pinkerton, Snider and
Reid (Mayor)
Noes: Council Members - None
Absent: Council Members - None
ALICE M. REMICHE
City Clerk
Res. No. 86-67
LODI LIBRARY BOARD OF TRUSTEES
DATE: April 21, 1986
PARTIES:
CITY OF LODI
221 West Pine Street
Lodi, California 95240
LODI LIBRARY BOARD OF TRUSTEES
201 West Locust
Lodi, California 95240
The Library Board of Trustees and the City of Lodi
wish to enter an agreement relating to the handling by the
City of Lodi of the maintenance and operation funds
belonging to the Lodi Library Board of Trustees for the
use of the Lodi Public Library, 201 West Locust Street,
Lodi, California, 95240.
The Lodi Library Board of Trustees, the President and
the Secretary thereof, agree that in their place and
stead, the Finance Director of the City of Lodi is hereby
authorized to do all of the following:
1. The Finance Director of the City shall control the
maintenance and operation fund of the Lodi Public Library.
This control shall include, but not be limited to, the
investment of said funds.
2. The Finance Director of the City shall issue all
checks and keep all records concerning the maintenance and
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operation funds of the Lodi Public Library, and shall
render to the Library Board and the Head Librarian
thereof, as requested, reports of all investments and all
expenditures made from the maintenance or operation funds
of the Lodi Public Library.
3. The City of Lodi shall not control the Library
Board's capital reserve fund which includes all moneys
that the Library Board receives by way of donations, or
has in the past received by gift, devise, and bequests for
the Library.
4. Each party to this agreement may terminate same by
giving to the other party hereto written notice sixty (60)
days prior to the effective termination.
5. City of Lodi shall include the Library Board of
Trustees under its errors and omission coverage.
6. This agreement shall commence on July 1, 1986, and
the Finance Director of the City of Lodi shall, under this
agreement, commence on July 1, 1986, to issue checks and
compile records of income and expenditures.
IN WITNESS WHEREOF, the parties have executed this
agreement this 21st day of April, 1986.
APPROVED AS TO FORM:
CITY OF LODI
44,v7. a i/
Thomas A. Peterson, . M. Shllivan, Jr.,
City Manager President
BOARD
RUSTEES
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(SIGNATURES ONLY)
ATTEST:
By
Alice Reimc e
City Clerk
ATTEST:
(
By
Louise M. Zastro
Secretary