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HomeMy WebLinkAbout 17-35 Approving Updated Purchasing PolicyRESOLUTION N0.17-35 A RESOLUTION APPROVING UPDATED PURCHASING POLICY FOR THE TOWN OF FIRESTONE WHEREAS, the Town of Firestone has previously adopted a purchasing policy and procedures for the Town; and WHEREAS, the Board of Trustees finds that such policy and procedures should be amended in order to update and revise certain portions thereof; and WHEREAS, the Board of Trustees finds that the adoption of an updated purchasing policy will promote and support the efficient and effective use of Town resources and promote the best interests of the Town; and WHEREAS, there has been presented to the Board of Trustees for adoption an updated purchasing policy; and WHEREAS, the Board of Trustees finds that the proposed purchasing policy is solely in support of the Town's fiscal responsibilities, including administration of annually appropriated funds, and solely for the benefit of the Town of Firestone, and confers no rights, duties or entitlements to any bidders or proposers; and WHEREAS, the Board of Trustees by this Resolution desires to adopt said updated purchasing policy. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FIRESTONE, COLORAD"0 Section 1. The Board of Trustees hereby approves and adopts the updated Town of Firestone Purchasing Policy attached to this Resolution. Section 2. The updated Purchasing Policy approved and adopted by this resolution shall take effect August 9, 2017, and replaces the Purchasing Policy previously adopted by Resolution No. 16-05. INTRODUCED, ADOPTED AND RESOLVED THIS DAY OF €it;€x 92017. TOWN OF FIRESTONE, COLORADO Q J TOVry roe® Paul Sorensen, Mayor 000000*0000000 - ATTEST: Leah Vanarsdall, Town Cleric nant ore 2