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HomeMy WebLinkAbout106-19 - Res. Establishing Imprest Revolving Checking Account for Lake Management Dist. 3 Spencer Lake RESOLUTION NO. A resolution establishing an Imprest Revolving Checking Account for Lake Management District No. 3 for Spencer Lake WHEREAS, the Board of Mason County Commissioners established Lake Management District No. 3 for Spencer Lake (LMD #3) by adoption of Ordinance 75-19 on August 13, 2019; WHEREAS, Fund #195 for LMD #3 was established by adoption of Resolution 91-19 on September 17, 2019; WHEREAS, the LMD #3 Citizen's Steering Committee has requested an Imprest Revolving Checking Account be established in the amount of$2,000 to make small purchases for the operation of the LMD; WHEREAS, the LMD #3 Imprest Checking Account shall be used as follows: 1. Purchases from the account shall be approved by the LMD #3 Citizen's Steering Committee. 2. The LMD #3 Citizen's Steering Committee shall appoint a custodian of the account and determine the authorized signers of the account and provide this information to the County. 3. The LMD #3 Citizen's Steering Committee shall establish a process for the safe management of the checking account that includes segregation of duties so not one person is responsible for purchases, check writing and account reconciliation. 4. The custodian shall submit the appropriate receipts to the County for replenishment from Fund #195 at least quarterly. 5. The custodian shall submit the reconciled bank statement to the County on a monthly basis along with the check register report. 6. The account shall never be used for personal cash advances, loans or expenditures. 7. The account shall be made available for inspection by the County as requested. NOW, THEREFORE BE IT HEREBY RESOLVED by the Board of Mason County Commissioners to establish the Imprest Revolving Checking Account for Lake Management District #3 for Spencer Lake in the amount of$2,000. Dated Mason County Treasurer BOARD OF COUNTY COMMISSIONERS MASON C ASHINGTON a razier Kevin Srut(y,ACKair ATTEST: 7 //' % !1 Ra dy NeNaejlin, Commissioner MeKssa'Drgry, Clerk Of the Board dd APPROVED AS TO FORM: r-----r,._ _ JSharon Trask,Commissioner Tim Whitehead Chief Deputy Prosecuting Attorney 1\Lake Management District\Spencer Lake 2019 Process\Imprest checking account.docx