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REQUEST FOR HRA ACTION <br />Director Approval: <br />a�� <br />Date: 8-19-08 <br />Item No: 6 a. <br />Agenda Section: <br />Consent Items <br />Item Description: Approval of financial service fee transfer of funds for August 2008 <br />(HF0062) <br />1.0 Requested Action <br />Approve, by consent, the transfer of HRA funds to City of Roseville for financial service per <br />contract requirements for August 2008. <br />2.0 Background <br />2.1 The Contract for Financial Services is for a total of $3,400 or 5% of the HRA total <br />administrative Budget for 2008 of $68,250. The fee is prorated monthly with a transfer <br />of funds after approval by the HRA. The total monthly fee is $283.33. The fee is <br />transferred from the HRA Fund to the General Fund of the City. <br />3.0 Staff Recommended Action <br />Staff is recommending the approval, by consent, of the transfer of funds for financial services in <br />the amount of $283.33 for August 2008 per contract with the City of Roseville for HRA <br />activities. <br />Prepared by: HRA Administrative Coordinator Kara Hoier (651-792-7015) <br />RHRA_ Consent for financial seivices (8-19-08) - Page 1 of 1 <br />