DocumentsAppendixApr 28, 2026Page 76
Attachment 5 - Cheque Signing Authority (over $50,000) Policy (POL-0046-FIN)
Current policy specifying cheque-signing requirements for amounts over $50,000; to be rescinded and consolidated into the proposed Purchasing Policy.
Key facts
- Cheques over $50,000 must be signed by a combination of Clerk-Administrator/Treasurer/City Planner and Mayor/Acting Mayor/Chair or Vice Chair of Finance Committee
- Amendment adopted October 19, 2009
- To be rescinded under proposed Purchasing Policy
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Policy Name
Cheque Signing Authority (Over $50,000)
Status
- New: ☐
- Amendment: ☒
Department / Governance
| Department | Governance / Corporate |
|---|---|
| Finance | Governance/Corporate Policy and Planning |
Policy Number
POLICY NO: POL-0046 - FIN
Amended
That all cheques valued in excess of $50,000 shall be signed by:
a) The Clerk-Administrator; Treasurer or City Planner; and
b) The Mayor, Acting Mayor or the Chair or Vice Chair of the Finance Committee.
Amends
POL-0046-FIN (cheque signing authority over $2,000)
| Adopted by Council | CERTIFIED CORRECT |
|---|---|
| Meeting Date: October 19th, 2009 | |
| Administrator: ____________________ | |
| Date: ____________________ |
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Extracted from: Agenda(108 pages total)