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Board Agenda : May 15, 2007 : Plano
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Board Agenda - May 15, 2007

1. CH(Local) Purchasing and Acquisition - 2nd reading

Presenter: Karla Oliver

Purpose: A - Request decision - closure required

Time: No time limit

Description:

Policy CH(LOCAL) warrants corrected language to align the policy to except previously Board approved contracts for utility and professional services from a second approval as currently required. In making this correction, it is also proposed that the current purchasing limit of $25,000 requiring Board approval be revised to an amount of $50,000. This proposal is based upon expenditure limits in similar districts. These two revisions will eliminate redundant action of the Board of Trustees for contract approval and subsequent expenditures and to revise the purchasing limit currently allowed by policy. This policy has been reviewed by legal counsel.

Recommendation:

Approve on second reading.

Business Impact:

None

Summary:

Appendix:


Policy

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