STAFF REPORT
California Choice Energy Authority
CCEA CC 2
1/9/2024
JC
Date:January 9, 2024
To: Chairman Parris and Authority Members
From: Jason Caudle, Executive Director
Subject:Adopt Resolution No. CCEA 24-XX Approving Acquisition of a Credit Card for California Choice Energy Authority Business Purposes
Recommendation:
Adopt Resolution No. CCEA 24-XX Approving acquisition of a credit card for California Choice Energy Authority business purposes.
Fiscal Impact:
There is no fiscal impact associated with this action.
Background:
The cities of Lancaster and San Jacinto entered into a Joint Exercise of Powers Agreement (Agreement), dated as of August 14, 2012, establishing the California Choice Energy Authority (CalChoice) pursuant to the Joint Exercise of Powers Act.
To improve operational efficiency, the CalChoice Treasurer recommends CalChoice apply for and acquire a credit card for business purposes. The credit card provider requires the CalChoice Board adopt a resolution authorizing the acquisition of the credit card. Internal controls will ensure proper use of the credit card.
Attachment:
Resolution No. CCEA 24-XX