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CCP 12052022
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CCP 12052022
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Last modified
12/1/2022 11:20:47 AM
Creation date
12/1/2022 11:20:33 AM
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Roseville City Council
Document Type
Council Agenda/Packets
Meeting Date
12/5/2022
Meeting Type
Regular
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Attachment A <br />EXHIBIT A <br />WORK <br />The City shall perform the following Work at the following locations: <br />Administrative Overhead Fee <br />In recognition of the use of city assets, including non-IT personnel, city facilities and space, <br />and city equipment and materials, the City will charge Metro-INET an Administrative Overhead <br />Fee equal of $3,655 monthly. <br /> <br />The Administrative Overhead Fee shall cover the following services: <br /> <br />Fiscal Agent Services <br />Per the Metro-INET Joint Powers Agreement, Article VII FISCAL AND OPERATIONAL <br />SERVICES, Section 7.1, the City of Roseville Finance Director shall serve as the fiscal and <br />operations agent of Metro-INET (“Fiscal Agent”). The Fiscal Agent shall provide services as set <br />forth in the JPA and on additional matters as may be determined by the Board through <br />authorization for services by contract with Metro-INET. The Fiscal Agent shall be responsible for <br />management of all of Metro-INET’s funds, for the keeping and storing of Metro-INET’s financial <br />records, recommending to the Board and maintaining adequate insurance coverage of Metro-INET <br />consistent with municipal liability limitations under Minnesota law, and to provide for the annual <br />financial audit and accounting of all Metro-INET related activities. The Fiscal Agent shall be <br />responsible for collecting and preserving all Metro-INET records and data pursuant to the <br />requirements of the Minnesota Government Data Practices Act, Minnesota Statutes, Chapter 13. <br />The Fiscal Agent shall post a fidelity bond or other insurance against loss of organization funds in <br />an amount approved by the Board, at the expense of Metro-INET. <br />Financial Services <br />The Cityshall provide personnel sufficient to fulfill all financial services duties on behalf <br />of Metro-INET’s operations, as generally described here: <br /> <br />General Cash Receipts <br />Process cash & checks into Springbrook or QuickBooks <br />Run end-of-day reports & balance cash drawer <br />Prepare bank deposit <br /> <br />Accounts Payable <br />Process invoices / mail distribution <br />Process purchasing card transactions <br />Process non-bank transactions <br />Process payroll-related items <br />Manage accounts: Setup, ACH forms, 1099's, etc. <br />Prepare City Council reports <br />Purchasing card: card issuance, account changes <br />8 <br /> <br />
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