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REQUEST FOR HRA ACT�ON <br />Date: 7-15-08 <br />Ttem No: 6 a. <br />Director Approval: Agenda Sectian: <br />� %s..�„rn.- <br />COI75�17t IieII7s <br />l�en� Descripiian: Apprava! of �nancial service fee transfer of funcis for JuIv 2008 <br />HF0062 <br />I.0 ReqUested Action <br />Approve, by consent, the transfer oi HRA funds to City of RoseviIle for financia] service per <br />contract requirements for luly 2008. <br />2.0 Background <br />2. ] The Contract for Financia] Services is for a total of �3,400 or 5% of the HR�4 total <br />adrninisfrative Budget for 2�08 of $68,250. The fee is prorated monthly wifh a transfer of <br />funds after appt-oval by the HRA. The total monthly fee is �283.33. The fee is transferred <br />fro�z� the HRA �'und to the General Fund of ihe City. <br />3.0 Staff Recarz�mended Action <br />Staff is recomrnending the approval, by cansent, of the transf�r of funds for financial seivices in <br />t�ie amour�t of $283.33 far J�Iy 200$ per contract with the Cify of Roseville for HRA activities. <br />Prepared by: HRA Adrrunistrati��e Coordinator Kara Hoier (6S 1-792-70I5) <br />RHRA Consei�t far fmancial services (7-15-d8) - Page 1 of 1 <br />