§ 2.07.030. Pay-go grants—Policy and requirements.

A.

Policy—Permissible Pay-Go Grants. The City will establish by resolution or ordinance the policy stating the purposes for which pay-go grants may be designated.

B.

Requirements Applicable to Pay-Go Grants to Non-City Entities. The Mayor and individual Councilmembers may designate grants from their respective balances in the City's pay-go fund account subject to the following requirements: (1) such grants may be made only for the purposes permitted by the funding source(s) of the pay-go account; (2) such grants and grant agreements shall be authorized, administered and executed by the City Administrator on behalf of the City; and (3) grant agreements shall be required for all grants.

C.

City Administrator Must Maintain Separate Record of Pay-Go Grants and Make Annual Report to City Council Identifying Prior Fiscal Year's Grants. The City Administrator shall maintain a separate record of pay-go grants, including the name of the person who designated the grant, the amount of the grant, the purpose of the grant, and the name, address and any other information sufficient to identify the grant recipient. No later than October of each year, the City Administrator shall provide an informational report to the City Council's Finance Committee and to the City Council regarding pay-go grants that were made during the prior fiscal year.

(Ord. No. 13051, § 1, 1-18-2011; Ord. 12637 § 1, 2004)

Editor's note

Former § 2.04.017. Renumbered by Ord. No. 13051, § 1, adopted January 18, 2011.