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REQUEST FOR HRA ACTION <br />Date: 6-15-10 <br />Item No: 6 c. <br />Director Approval: Agenda Section: <br /> <br />Consent Items <br />Item Description: Approval of financial service fee transfer of funds for <br /> April, May and June 2010 (HF0089) <br /> <br />Requested Action <br />1.0 <br />Approve, by consent, the transfer of HRA funds to City of Roseville for financial service per <br />contract requirements for April, May and June 2010. <br />Background <br />2.0 <br />2.1The Contract for Financial Services is for a total of $5,365 or 5% of the HRA total <br />administrative Budget for 2010 of $107,303. The fee is prorated monthly with a transfer <br />of funds after approval by the HRA. The total monthly fee is $477.08. The fee is <br />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 services in <br />the amount of $1,431.24 for April, May and June 2010 per contract with the City of Roseville for <br />HRA activities. <br />Prepared by: HRA Administrative Coordinator Kara Hoier (651-792-7078) <br />RHRA_ Consent for financial services (6-15-10) - Page 1 of 1 <br /> <br />