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HomeMy WebLinkAbout19-032 Purchasing Policy 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 19-032 A RESOLUTION APPROVING A REVISED PURCHASING POLICY Motion By: Braid Second By: Thompson WHEREAS, Minnesota Statute 471.345 sets forth the law regulating the sale or purchase of supplies, materials, equipment or the rental thereof, or the construction, alteration, repair or maintenance of real or personal property in Minnesota Cities; and WHEREAS, The goals of the Purchasing Policy are to ensure all purchases are consistent with Minnesota statutes and have a public purpose, to establish internal controls, to maintain the appropriate documentation, to ensure the best value for the public money, and to assign purchasing responsibility and authority to the level consistent with good business practice and sound financial management to the extent possible; and WHEREAS, The City of Prior Lake’s current Purchasing Policy was last revised in 2014. Since that time State law has changed, the City has purchased and implemented new financial software, and City practices have been updated; and WHEREAS, The Council finds the revised Purchasing Policy, dated February 19, 2019, is consistent with Minnesota statutes and public purpose requirements, to establish internal controls, to maintain the appropriate documentation, to ensure the best value for the public money, and to assign purchasing responsibility and authority to the level consistent with good business practice and sound financial management. NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA as follows: 1. The recitals set forth above are incorporated herein. 2. The City of Prior Lake Purchasing Policy, dated February 19,2019, is hereby approved. Passed and adopted by the Prior Lake City Council this 19th day of February 2019. VOTE Briggs Thompson Burkart Braid Erickson Aye ☒ ☒ ☒ ☒ ☒ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☐ ☐ ______________________________ Michael Plante, City Manager