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FEBRUARY 3, 2015 <br />TITLE <br />QUARTERLY REPORT OF CONTRACTS <br />UNDER $25,000 ENTERED INTO BY THE <br />EXECUTIVE DIRECTOR <br />(STRATEGIC PLAN NO. 5) <br />RECORDING ONLY: <br />Receive and file the Quarterly Report of Contracts entered into between October 1, 2014 and <br />December 31, 2014 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 <br />than $25,000 require approval by the Board of Directors. This is the same authority granted to the <br />City Manager by the voters through a Charter Amendment in November 2006. The authority <br />granted to the Executive Director required the submission of a quarterly report (Exhibit 1) to the <br />Housing Authority at a public meeting on all such agreements. The report is required to include <br />the names of contractors and the amounts of each contract. <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this item supports the City's efforts to meet Goal #5 - Community Health, Livability, <br />Engagement & Sustainability. <br />FISCAL IMPACT <br />There is no fiscal impact associated with this action. <br />K <br />