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2218 RESOLUTION NO . 2218 A RESOLUTION CREATING THE FINANCE ADVISORY COMMITTEE TO BE APPOINTED BY THE MAYOR FROM MEMBERS OF THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS; PRESCRIBING THE DUTIES AND RESPONSIBILITIES THEREOF; AND FOR OTHER PURPOSES. WHEREAS, the City Manager and the Director of Finance recommend the appointment of a Finance Advisory Committee composed of members of the Board of Directors to assist generally in an advisory capacity the financial affairs of the City of Little Rock both as to revenues and expenditures; and WHEREAS, the Board of Directors desire to take advantage of every means available to provide for the most efficient operation of the City government; NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. There is hereby created the Finance Advisory Committee of the City of Little Rock to be composed of three (3) members of the Board of Directors to be chosen by the Mayor . SECTION 2. Said committee shall study and advise with the Board of Directors, the City Manager and Director of Finance budget controls by making a periodic monthly check and reports thereon, taking into account the matter of anticipated revenues and expenditures of said City; the matter of purchasing generally including procedure; and further, make recommendations regarding employment of independent auditors for the City of Little Rock. SECTION 3 . This Resolution shall take effect and be in force from and after its adoption . ADOPTED: July 7, 1958 >TTES APPROVED: A,;.A4-"/ City Clerk