Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Council adds accountant Dave Sanderson to PTIF accounts by resolution
Summary
Council voted to adopt a resolution adding accountant Dave Sanderson to the city's PTIF accounts and amended the motion to give the mayor discretion to remove or replace account signatories if needed. Members discussed PTIF account-holder limits before voting.
The Eureka City Council adopted a resolution to add the city's accountant, Dave Sanderson, to the city's PTIF accounts during the May 11 meeting. Councilmember Tom Nederberg introduced the resolution; members noted institutional limits on how many signatories PTIF accounts can carry and amended the motion to allow the mayor discretion to remove or replace signatories if the maximum number is reached.
Council members then took a roll-call vote, with the clerk recording each present member's affirmative response. "Move that we have a resolution to add Dave Sanderson, our accountant, to the PTIF account," said Councilmember Tom Nederberg when introducing the measure. Council discussion included practical limits on signatories and a plan for the mayor to confirm account capacity with the bank before finalizing signatories.
