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HomeMy WebLinkAboutORD FOR INTRODUCTION 03-06-89AGENDA ORDINANCES FOR INTRODUCTION NO. 1. 3-6-89 ' OATE: 02/13/89 InteP-Com TO: FROM: S UBJ ECT: THE HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL CITY ATTORNEY PROPOSED ORDINANCE RE AUDIT COMMITTEE Please find attached a proposed ordinance to amend-the Tustin City Code to establish the Audit Committee. Ja~S ~. ROURKE City Attorney JGR:cas:D: 2/13/89 Enclosure :/.'WE 10 11 12 13 14 15 16 17 18 19 ~5 25 26 27 28 ORDINANCE NO. !022 - .. · ORDINANCE FOR THE CITY COUNCIL, ~ CITY OF TUSTIN, CALIFORNIA, AMENDING THE TUSTIN CITY CODE TO' ESTABLISH THE AUDIT COMMITTEE The City Council of the City of Tustin does hereby ordain as follows- . 1. The Tustin City Code is hereby amended by the add-ition thereto of Part 4 of Chapter 5 Sections 1537 1535 and 1539, to read as follows- ' , Par~' 4 AUDIT COMMITTEE The Audit Committee of the City of Tustin is hereby established with composition, jurisdiction, duties, terms of office, compensation and other characteristics as specified in this Part. The Audit Committee shall perform duties of oversight, review, investigation and reporting and shall provide recommendations to the City Council on matters of finance, investments and audit as shall be prescribed by the City Council from time to time. Compensation of the members of the Audit Committee shall be as prescribed by the City Councll from time to time. 1538 MEMBERS AND QUALIFICATIONS The Audit Committee shall consist of five (5) members, four (4) of whom shall be registered voters of the City du~-ng all times they hold office and one (1) who shall' be a registered voter within the area served by the Tustin Water Department. Provided, however that the persons heretofore appointed to the Audit Committee may continue to serve without compliance with the foregoing, so long as they comply with. the conditions in effect at the time f their appointment. . o -. 1539 APPOINTMENT AND TERMS '~.. Members of the Audit Committee shall be appointed by the City Council. Two (2). of the first appointed members shall serve from'the time of their appointment until the second regular meeting of the City Council. in February, 1992, and three (3) of the first appointed members shall serve from the time of their appointment until the 10 1i 12 13 14 15 16 17 18 23 25 26 27 28 Ordinance No. Page Two second regular meeting of the City Council in February, 1993. The term of each 'of those offices shall thereafter be for four (4) years· commencing on the expiration date of each office as provided hereinabove. · Ail members of the Audit Committee shall serve at the pleasure of the City Council and may be · removed upon motion of the City Council adopted by at least three (3) affirmative votes. Ail members of the Audit Committee shall serve until their respective successors are appoim'ted and qualified. 2. The following persons are hereby appointed as the first members of thc Audit Co;umittoc' to serve until the second regular · meeting Of the City Council in February, 1992; to serve until the second regular · meeting of the City Council in February, 1992; to serve until the second regular · meeting of the City Council in February, 1993; to serve until the second regular · meeting of the City Council in February, 199~; to serve until the second regular meeting of the City Council in February, 1993. 3. The compensation for each member of the Audit Committee shall be Fifty Dollars ($50.00) for each meetinc attended. Compensation may/be changed and/or deleted from time to time by the City Council. PASSED AND ADOPTED at a regular meeting of the City Council, City of Tustin, California, held on the day of , 1989. ATTEST' MAYOR Mary Wynn City Clerk 'JGR'rr' R' 3/13/89(10a.sh) (1-2)