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HomeMy WebLinkAboutResolution 2022-13 Approving Update to Financial Guidelines Purachsing and Bidding PolicyCity of Corcoran County of Hennepin state of Minnesota RESOLUTION 114U. 2022-13 Motion By: Nichols Seconded By: Schultz February 24, 2022 A RESOLUTION ADOPTING THE PURCHASING AND BIDDING POLICY WHEREAS, polices guide in the preparation and management of the City's overall budget and major objectives to be accomplished and; WHEREAS, Government Finance Officers Association (GFOA) best practices recommends government formally adopt financial policies and, WHEREAS, the Purchasing and Bidding Policy will replace the Purchase of Goods and Services uidelines in the Financi Gal Guidelines last revised on February 9, 2012; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Corcoran, Minnesota authorizes the adoption of the Purcha VOTING AYE ® McKee, Tom ❑ Bottema, Jon ® Nichols, Jeremy ® Schultz, Alan ;I Vehrenkamp, Dean sing and Bidding Policy. VOTING NAY ❑ McKee, Tom ❑ Bottema, Jon ❑ Nichols, Jeremy ❑ Schultz, Alan Vehrenkamp, Dean Whereupon, said Resolution is hereby declared adopted on this 24t"day of February, 2022. ATTEST: Jessica cseise Tom McK - �►aministrative services uirector = iviayor City Seal Page 1 of 1