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12-10603r RESOLUTION NO. 10603 RESOLUTION ESTABLISHING AN UPDATED PUBLIC PURPOSE EXPENDITURES POLICY WHEREAS, the City Council finds it necessary to annually review and re-establish a policy to clearly determine the public purpose for expenditures; and WHEREAS, the City Council has determined that in order to attract, recruit, retain and motivate employees and community volunteers, the City wishes to recognize hard work and service through other than monetary payment; and WHEREAS, the City Council has further determined certain expenditures for typical business costs are necessary for the effective delivery of public service; and WHEREAS, the City Council has reviewed and discussed the public purposed expenditures as detailed in Exhibit 1. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Richfield hereby rescinds Resolution 9806, Resolution Establishing an Updated Public Purpose Expenditure Policy, and adopts Exhibit 1, entitled "Public Purpose Expenditure Policy," establishing an updated policy. Adopted by the City Council of the City of Richfield, Minnesota this 10th day of January 2012. Pat Elliott, Mayor Pro Tempore ATTEST: Nancy Gi , City Clerk