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RESOLUTION REPLACING THE POSITION OF CITY CLERK WITH THE POSITION OF CHIEF FINANCIAL OFFICER AND APPOINTING THE CHAIR OF THE FINANCE COMMITTEE TO THE DEPOSITORY BOARD
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WHEREAS, the General Assembly at their Regular Session signed into law ACT 619, naming the following positions as members of the Depository Board: Mayor, City Clerk, and a City Council member; And
WHEREAS, § (b)(2) provides for replacement of one of the three board members with the city finance officer or other official; And
WHEREAS, the Depository Board is dependent on the direction of the Chief Financial Officer.
BE IT THEREFORE RESOLVED, by the City Council of the City of Jonesboro, Arkansas that:
Section 1. The position of City Clerk shall be replaced with the position of Chief Financial Officer.
Section 2. The City Council position shall be filled by the Chair of the Finance Committee.
PASSED AND APPROVED this 17th day of May, 2011.