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HomeMy WebLinkAbout1992-04-21 - AGENDA REPORTS - VALENCIA NATIONAL BANK VISA (2)IN ACENDA REPORT City Manager Approval Item to be presented Y. CONSENT CALENDAR I ftlskamD DATE: April 21, 1992 rte-✓ SUBJECT: Valencia National Bank VISA card Resolution Number: 92-31 DEPARTMENT: Finance BACKGROUND The travel representative of the City Manager's office has expressed concern with the current system of securing travel accommodations for City personnel and Councilmembers. Often a personal credit card: has been used to guarantee a reservation when time would not allow for issuance of a check to the hotel. In instances where time has permitted a check has been issued, the task of tracking a deposit check refund due to a cancellation has proven to be very time consuming. A City credit card would allow the travel representative to obtain guaranteed reservations by means of a card number instead of cash which would be better utilized elsewhere. In the case of a cancellation, the City would not be required to wait, on average, three to four weeks for a refund. Should.there not be sufficient time to generate a check to pay the bill when the employee checks out, the credit card bill would be paid complete upon receipt, therefore, no finance charges would be incurred. Adopt Resolution No. 92-31 to allow the travel representative of the City Manager's office to use a Valencia National Bank VISA card only to obtain guaranteed hotel and transportation reservations for employees and councilmembers traveling on City business. Adopted: gh/671 Agenda Item:_q_ 1: ti RESOLUTION NO. 92-31 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA CLARITA APPROVING THE USE OF A CREDIT CARD IN SECURING TRAVEL AND ACCOMMODATIONS FOR CITY EMPLOYEES CONDUCTING BUSINESS ON BEHALF OF THE CITY WHEREAS, the travel representative of the City- Manager's Office arranges all travel and accommodations; and WHEREAS, accommodations are guaranteed by means of a credit card account number or check prior to securing reservations; and WHEREAS, Valencia National Bank will provide the requisite number of credit cards with one number. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF.SANTA CLARITA, does resolve as follows: Section 1: The Valencia National Bank VISA card shall be used only to secure guaranteed travel and accommodation. Section 2: No more than two (2) cards shall be issued. Section 3: Authorization is limited to the travel representative of the City Manager's Office. Section 4: The line of credit shall be limited to Two Thousand Five Hundred Dollars ($2,500). Section 5: The City of Santa Clarita shall assume liability for all indebtedness created by the use of these credit cards. Section 6: The City Treasurer is authorized to execute the necessary bank documents to established the credit line. PASSED, APPROVED, AND ADOPTED this day of , 1992. Jill Klajic, Mayor ATTEST: CITY CLERK STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES) as CITY OF SANTA CLARITA) I, Donna M. Grindey, hereby certify that the foregoing Resolution was duly adopted by the City Council of the City of Santa Clarita at a regular meeting thereof,.held on the day of 1992, by the following vote of the Council: AYES: COUNCILMEMBERS: NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: Donna M. Grindey, City Clerk