Mount Shasta council approves consent agenda and a series of financial and regulatory items; CDBG item rescheduled
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Summary
Council approved the consent agenda, adopted financial resolutions on investment policy and signature authority, created a separate Prop 64 fund, moved a taxi-inspection code to second reading, and rescheduled a CDBG item for the first meeting in February.
The Mount Shasta City Council voted on several administrative and financial items during the meeting, approving routine matters and forwarding ordinance updates for further review.
The council approved the consent agenda (minutes, disbursements and departmental reports). Later, staff requested that the Great Northern Services CDBG subrecipient agreement be pulled and rescheduled; council agreed to reschedule consideration of the microenterprise loan program and related CDBG items for the first meeting in February.
Chief Gibson presented a proposed municipal-code update to add an annual taxi inspection requirement to align with state law (transcript reference: California Government Code section 53075.5). Council clarified this is a code update and moved the item to second reading at the council's next meeting; fees will be set later by council resolution.
Finance Director Melissa led the city's annual review of the investment policy and requested creating an interest-bearing account for HCD funds; the council approved the resolution adopting the city's investment policy.
Council also approved a resolution establishing signature authority for city funds that sets single-signature authority for checks under $15,000 (with at least one council signature required on smaller checks) and additional signatory requirements for larger checks; staff discussed purchasing-card rebates as an efficiency measure.
Separately, the council approved creating a dedicated fund for Proposition 64 revenues and expenditures so reimbursements are tracked separately from the general fund.
Votes were taken by voice; no formal roll-call tallies were recorded in the transcript for most motions.

