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REG~~I~ST FOR FiC1USIP~G <br />~UT'HORITY ACTiOId <br />ETIC~ ATE: <br />NOVEMBER 19, 2012 <br />ry"y" t~-~ <br />e~•°fd~ j3[~1: . <br />~~a~~ ' <br />~.~" <br />~^ r <br />~~~ <br />~~ ~ <br />~~~~~~~ <br />ECO DIN SECRETARY USE 0 LY: <br />APPROVED <br />TITLE <br />QUARTERLY REPORT OF CONTRACTS <br />ENTERED INTO BY THE EXECUTIVE <br />DIRECTOR <br />^ As Recommended <br />® As Amended <br />CONTINUED T4 <br />~d <br />~~ <br />INTERIM _,T_ i U~TIVE DIRECTtJR <br />RECOMMENDED ACTION <br />Receive and file the Quarterly Report of Contracts entered into between July 1, 2012 and <br />September 30, 2012, valued at $25,000 and less. <br />DISCUSSION <br />On October 6, 2008, the Housing Authority increased the Executive Director's authority to execute <br />agreements from an amount not to exceed $10,000 to $25,000. Agreements valued at greater than <br />$25,000 require approval by the Board of Directors. This is the same authority granted to the City <br />Manager by the voters through a CharterAmendment in November of 2006. The authority granted <br />to the Executive Director required the submission of a quarterly report (Exhibit 1) to the Housing <br />Authority at a public meeting on all such agreements. The report is required to include the names <br />of contractors and the amounts of each contract. <br />FISCAL IMPACT <br />There is no fiscal impact associated with this action. <br />~~. . <br />~helly Lan ry-Bayle <br />Housing anager <br />Community Development Agency <br />NTE/SLB/kg <br />Exhibit: 1. Quarterly Report <br />