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RESOLUTION NO. 2018-212R <br /> A RESOLUTION OF THE CITY COUNCIL OF THE <br /> CITY OF SAN MARCOS, TEXAS, REVISING THE <br /> COMPOSITION AND OVERSIGHT OF THE <br /> FINANCE AND AUDIT COMMITTEE TO MAKE <br /> ALL ASSISTANT CITY MANAGERS VOTING <br /> MEMBERS; AND DECLARING AN EFFECTIVE <br /> DATE. <br /> RECITALS <br /> 1. The San Marcos City Council deems it advisable to revise the <br /> composition of the Finance and Audit Committee established in 2008. <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN <br /> MARCOS, TEXAS: <br /> PART 1. The previously established Finance and Audit Committee's composition is <br /> revised as follows: The Mayor, Mayor Pro-Tern, Deputy Mayor Pro-Tern or another <br /> member of the City Council if there is no Deputy Mayor Pro-Tern, the City Manager, all <br /> Assistant City Managers the Chief of Staff and Finance Director shall be voting <br /> members of the Finance and Audit Committee. <br /> PART 2. The Finance and Audit Committee shall provide oversight in matters <br /> pertaining to the finances of the City of San Marcos, Texas including but not limited to <br /> the budget development process, design and implementation of utility rates, and review <br /> of financial policies. <br /> PART 3. The Finance and Audit Committee will review and approve or disapprove a <br /> board or commissions' requested amendment to the Council approved Standard Bylaws. <br /> This Resolution shall be in full force and effect from and after its passage. <br /> ADOPTED on November 7, 2018. <br /> Jo homaides <br /> Mayor <br /> V <br />