1985-011-Renewing Agreement With Kcat In The Provision Of Accounting ServicesRESOLUTION NO. 1985 -11
A RESOLUTION RENEWING AGREEMENT WITH KCAT IN THE
PROVISION OF ACCOUNTING SERVICES
WHEREAS, LOS GATOS COMMUNITY CABLEVISION INC. (KCAT) and the TOWN OF
LOS GATOS (TOWN) desire to renew the agreement dated
September 29, 1984, for the provision of accounting services
by the Town to KCAT through December 31, 1985; and
WHEREAS, the services to be provided are outlined in the attached
Agreement (Attachment A);
NOW, THEREFORE, BE IT RESOLVED that the Los Gatos Town Council does
hereby renew the attached Agreement through December 31, 1985.
PASSED AND ADOPTED BY THE TOWN COUNCIL OF THE TOWN OF LOS GATOS,
CALIFORNIA, at a regular meeting held this
22nd
day of January , 1985, by the following vote:
AYES: COUNCILMEMBERS Eric D. Carlson, Terrence
J. Daily. and Mayor Joanne Benjamin
NOES: COUNCILMEMBERS None
ABSENT: COUNCILMEMBERS None
ABSTAIN: COUNCILMEMBERS Thomas J. Ferrito and
Brent N. Ventura
SIGNED: fC�=lZGL "'
TOR OF THE TOWN OF L S GATOS
ATTEST:
r
CLERK OF THE TOWN OF LOS GATOS
,,
AGREEMENT BETWEEN LOS GATOS COMMUNITY CAGLFVISION, INC.
AND TOWN OF LOS GATOS FOR THE PROVISION OF
ACCOUNTING SERVICES
The Los Gatos Community Cablevision, Inc. (Corporation) and the Town of Los
Gatos (Town) are entering into a one -year agreement effective September 7,
1983, for the provision of the following services:
Services
Payment of financial obligations of the Corporation upon
authorization of the Board of Directors and, where suffi-
cient funds are available, for such expenditure;
Provision of monthly status of funds to the Board of
Directors at such times as set by the Town;
To serve as custodian of the Corporation funds to be placed
in a restricted fund;
Annual audit provided as part of the Town's audit.
Compensation
The Town shall provide the above -named services without charge, but shall
reserve the right to propose a cost recovery charge to the Corporation in
the future. ,
Corporation's Obligations
To conform to the Town's rules and procedures re payment of financial obli-
gations. Such rules are set forth in Exhibit A, and may be amended from
time to time.
Date: % _Z _? —I
Town Ma age
Date: September 29, 1983 %I
Los Gatos Commum "ty Cablevision, Inc.
EXHIBIT
PROCEDURES FOR PAYMENT OF CORPORATION
FINANCIAL OBLIGATIONS
All requests for payment should be turned into the Town Manager's
Office by 10:00 Noon the last Wednesday before the first Town
Council meeting of the month.
2. Requests should be properly documented, and include the signature
of the authorized Board member.
3. The Board should notify the Town, in writing, as to who is
authorized to sign requests for payment and notify the Town of
any changes in same.
4. Corporation will have a $200 petty cash fund; all payments from
that fund must be documented by receipts, and the Town's petty
cash fund will not be used for reimbursement requests.
5. Neither the Board nor its officers shall have items billed to the
Town, under the Town's name, without first requesting permission
from the Town and obtaining a purchase order number. The request
should come from the Board member authorized to formally commit
the Corporation.