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RESOLUTION TO REQUEST POSTPONING SPECIFIC EXPENDITURES FOR A PERIOD OF THIRTY DAYS
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WHEREAS, the provisions of A.C.A. 14-43-502 states that the city council shall have the management and control of finances;
WHEREAS, the 2003 budget for the City of Jonesboro was approved by the Jonesboro City Council in December 2002 with an approximate $3 million deficit;
WHEREAS, the provisions of A.C.A. 14-58-203(a) states that the approval by the municipal governing body of the budget amounts to an appropriation of funds which are lawfully applicable by the mayor to the items contained within the budget;
WHEREAS, the provisions of A.C.A. 14-58-203(b) states that the governing body may alter or revise the budget; and
WHEREAS, it is the desire of the Jonesboro City Council to review portions of the 2003 budget.
BE IT THEREFORE RESOLVED, by the City Council of the City of Jonesboro, Arkansas that the Mayor of the City of Jonesboro is respectfully requested to postpone the expenditure of funds for any unspecified street, drainage or landfill improvements in excess of $10,000.00; postpone the expenditure of funds for any professional services contracts in excess of $10,000.00; and postpone the expenditure of funds for the hiring of new personnel, including but not limited to the positions of Public Works Director and Internal Auditor, for a period of thirty (30) days through February 5, 2003.
PASSED AND ADOPTED this 6th day of January, 2003.