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REQUEST FOR HRA ACTION <br />Date: 6-18-13 <br />Item No: 6 c. <br />Director Approval: Agenda Section: <br />Consent Items <br />Item Description: Approval of financial service fee transfer of funds for <br /> April, May, and June 2013 (HF0123) <br />Requested Action <br />1.0 <br />Approve, by consent, the transfer of HRA funds to City of Roseville for financial service <br />per contract requirements for April, May, and June 2013. <br />Background <br />2.0 <br />2.1The Contract for Financial Services is for a total of $8,727 or 5% of the HRA total <br />administrative Budget for 2013 of $103,241. The fee is prorated monthly with a transfer <br />of funds quarterly after approval by the HRA. The total quarterly fee is $2,181.75. The <br />fee is transferred from the HRA Fund to the General Fund of the City. <br />Staff Recommended Action <br />3.0 <br />Staff is recommending the approval, by consent, of the transfer of funds for financial <br />services in the amount of $2,181.75 for April, May, and June 2013 per contract with the <br />City of Roseville for HRA activities. <br />Prepared by: Jeanne Kelsey, Acting Executive Director (651-792-7086) <br />RHRA_ Consent for financial services (6-18-13) - Page 1 of 1 <br /> <br />