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<br />~ <br />~~HILLS <br /> <br />MEMORANDUM <br /> <br />DATE: <br /> <br />Agenda Item 3.D <br /> <br />July 21, 2004 <br /> <br />TO: Honorable Mayor and City Council <br /> <br />FROM: Murtuza Siddiqui, Finance Director/Treasurer 'W\5 <br /> <br />SUBJECT: Purchasing Policy <br /> <br />BACKGROUND: <br /> <br />Currently, the City of Arden Hills does not have a formal Purchasing Policy. It's a prudent <br />business practice for all organizations to have such a policy in place. <br /> <br />Staff had the opportunity to review purchasing policies from a number of comparably sized <br />cities. The policies reviewed are vmied, both in terms of content and length. Also, I did not <br />necessarily find any standard or common language, and for the most part they are all unique. <br /> <br />DISCUSSION: <br /> <br />Attached is a "draft" Purchasing Policy. At the July 19,2004, Work Session, the Council had <br />an opportunity to review the proposed policy and to provide input. Based on the input, staff <br />has incorporated the suggested changes in this policy document. <br /> <br />RECOMMENDED ACTION: <br /> <br />Staffrecommends adoption ofthe 2004 Purchasing Policy. <br /> <br />.. <br /> <br />. <br /> <br />. <br /> <br />. <br />