Title
A Resolution Requesting Permission to Increase the United Bank VISA Credit Card Limit
Summary
The current United Bank VISA credit card limit is $75,000. Request permission to increase the limit to $85,000 to accommodate new card issuance and occasional card increases.
Budgetary Impact:
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
____ Not budgeted, requesting transfer of $__________ from Account #______________ to Account #_____________.
____ Not budgeted requiring increase to account #___________ in the amount of $____________.
Capital - Departmental
____ Budgeted under account #______________ for $___________ and described in budget as __________________________________.
____Additional amount needed, if any: Increase in budget of $_____________ OR, transfer of $___________ from Account #____________ to Account #_______________
___ Not Budgeted - account # __________________________ requires budget increase of ____________.
Capital Project - **THE PRE-PROJECT CHECKLIST AND BUDGET CHECKLIST MUST BE ATTACHED TO THIS FILE**
In current year Capital Projects Plan:
_____ Yes, planned amount $___________, requesting $_________ as total project estimate, including contingencies, under account #_________________
_____ No, requesting $___________ as total project estimate, including contingencies, under account #____________________
Body
WHEREAS, RES 3323-08 authorized obtaining United Bank VISA credit cards to be used in accordance with the City policy and guidelines, and
WHEREAS, RES 15-2087 increased the credit card limit to $75,000, and
WHEREAS, there is now a need to increase the City’s aggregate credit card limit to accommodate the issuance of new departmental cards and occasional card increases.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Approves increasing the U...
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