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REQUEST FOR HRA ACTION <br />1 <br />2 <br />Date: 07-28-14 <br />3 <br />Item No: 6 c. <br />4 <br />Director Approval: Agenda Section: <br />5 <br />6Consent Items <br />7 <br />8 <br />Item Description: Approval of financial service fee transfer of funds for <br />9 <br /> April, May, June 2014 (HF0128) <br />10 <br />11 <br />12 <br />13 <br />Requested Action <br />141.0 <br />15 <br />16Approve, by consent, the transfer of HRA funds to City of Roseville for financial service <br />17per contract requirements for April, May, and June 2014. <br />18 <br />Background <br />192.0 <br />20 <br />212.1The Contract for Financial Services is for a total of $9,662 or 5% of the HRA total <br />22administrative Budget for 2014 of $200,362. The fee is prorated monthly with a transfer <br />23of funds quarterly after approval by the HRA. The total quarterly fee is $2,415.50. The <br />24fee is transferred from the HRA Fund to the General Fund of the City. <br />25 <br />Staff Recommended Action <br />263.0 <br />27 <br />28Staff is recommending the approval, by consent, of the transfer of funds for financial <br />29services in the amount of $2,415.50 for April, May, and June 2014 per contract with the <br />30City of Roseville for HRA activities. <br />31 <br />32 <br />33 <br />34 <br />35 <br />36 <br />Prepared by: Jeanne Kelsey, Acting Executive Director (651-792-7086) <br />37 <br />38 <br />39 <br />40 <br />41 <br />RHRA_ Consent for financial services (7-28-14) - Page 1 of 1 <br /> <br />