Board of Estimate & Contract:
RESOLVED, that an ordinance adopted by the City Council on January 10, 2024, and signed by the Mayor on January 11, 2024, authorizing the transfer of funds and authorization for the Comptroller, Assessor, one City Council Member, and the Deputy Comptroller to attend the Putting Assets to Work Cohort Session (Chicago, IL on January 17-18,2024. Transfer amount of $4,000.00 from A1990.493, Contingency to A1315.402, Travel Expenses), be and the same is hereby approved.
City Council:
AN ORDINANCE AUTHORIZING THE TRANSFER
OF FUNDS AND AUTHORIZATION FOR THE
COMPTROLLER, ASSESSOR, ONE CITY COUNCIL
MEMBER AND THE DEPUTY COMPTROLLER TO
ATTEND PUTTING ASSETS TO WORK COHORT SESSION
Whereas, by letter dated January 5, 2024, the Comptroller has requested legislation authorizing the transfer of funds in the amount of $4,000.00 to cover expenses for the Comptroller, the Assessor, one City Council Member, and the Deputy Comptroller to attend the Putting Assets to Work Cohort Session in Chicago, IL on January 17-18, 2024; and
Whereas, the City of Mount Vernon is a participant in the Putting Assets to Work (“PAW”) Project with the Government Finance Officers Association (“GFOA”), as authorized by Ordinance No. 43, adopted on August 9, 2023; and
Whereas, the Comptroller, Assessor, one City Council Member, and the Deputy Comptroller need to attend the PAW Cohort Session in Chicago, IL on January 17-18, 2024, to engage with GFOA and present the draft playbook regarding city-owned properties; and
Whereas, the anticipated cost of travel and lodging for four (4) personnel to attend the cohort session is $4,000.00; Now, Therefore, Be It Resolved that
The City of Mount Vernon, in City Council convened, does hereby ordain, and enact:
Section 1. Funds Transfer Authorization. The City Council authorizes the transfer of $4,000.00 from A1990.493 (Contingency) to A1315.402 (Travel Expenses) to cover the cost of four (4) personnel to attend the Putting Assets to Work Cohort Session in Chicago, IL on January 17-18, 2024.
Section 2. Purpose of Transfer. The transfer of funds is necessary to accommodate expenses related to the required participation in the PAW project.
Section 3. Effective Date. This resolution shall take effect upon its approval by the Board of Estimate and Contract.