Moreno Valley

City Council

May 16, 2023 Order of Business A #11

Agenda Item 11

A.11. ADOPT RESOLUTION 2023-XX AMENDING THE PROCUREMENT\nADMINISTRATIVE PROCEDURE AP # 3.09, CAPITAL ASSET\nMANAGEMENT PROCEDURE AP # 3.15 AND THE SIGNATURE AND\nAWARD AUTHORITY FOR CONTRACTS AND OTHER PROCUREMENT\nTRANSACTIONS TO ALIGN WITH GASB 96 IMPLEMENTATION (Report of:\nFinancial & Management Services)\nRecommendation:\n1. Adopt Resolution 2023-XX amending the Procurement Administrative\nProcedure AP # 3.09, Capital Asset Management Procedure AP #\n3.15 and the signature and award authority for contracts and other\nprocurement transactions to align with GASB 96 Implementation.