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HomeMy WebLinkAbout20010191.tiff RESOLUTION RE: IMPREST FUND FOR THE WELD COUNTY FAIR - JUNIOR LIVESTOCK SALES COMMITTEE WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board of County Commissioners of Weld County, Colorado, on March 4, 1970, passed a Resolution creating the Weld County Fair Board which specified certain organizational and administrative procedures, and WHEREAS, the Fair Board has requested an amendment to the policy of the Imprest Fund to allow for the creation of an additional Imprest Fund for the operation of the Junior Livestock Auction. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that an additional Imprest Fund for the operation of the Junior Livestock Auction be created and the policy of the Junior Livestock Auction Imprest Fund be, and hereby is authorized as follows: 1. The Imprest Fund will operate out of American Ag Bank checking account #61000653, and Money Market account#62000209 2. Three authorized signatures for the Imprest Fund must be on the account, which must be the Weld County Extension Agent, the committee chair, and the Committee Treasurer of the Junior Livestock Auction Committee. 3. Two authorized signatures must be on all checks to make them valid withdrawals. 4. All Junior Livestock Auction Committee transactions will flow through the Imprest Fund, meaning both expenses and revenues. 5. The Imprest Fund shall maintain any year-end cash balance for the enhancement of future Junior Livestock Auction's operations, capital items, or activities. 6. Full accounting of the Imprest Fund will be maintained by the Treasurer of the Junior Livestock Auction Committee and all records shall be open to the public at all times for examination or audit. 7. The Imprest Fund shall be audited annually by the independent auditor engaged by the Board of County Commissioners for the County audit, and an audit report shall be filed with the Board of County Commissioners and Fair Board annually. pc : EX 4e 2001-0191 AC0005 RE - IMPREST FUND - JUNIOR LIVESTOCK AUCTION COMMITTEE PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 22nd day of January, A.D., 2001. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO ATTEST: iL _ / I�';�� II a EXCUSED '' 1 M. J. Geile, C air Weld County Clerk to t B i . .' � _4a9 I Glenn Vaad,= .- em BY: Deputy Clerk to the \ \ 1' ctu7 &.1,( WiittafFiLJerke APPROVED AS TO FAR �J U / D vid ong ounty Attorn y k, Robert E. Masden 2001-0191 AC0005 Hello