2.88.060 Commission review and concurrence.
A. At least twice each year, the Commission shall, at its meeting, review monthly statements of income and expenses which compare budgeted expenditures to actual expenditures.
B. At least once per year, the Commission shall set goals for the next 12 months.
C. General or particular authorization or review and concurrence of the Commission by resolution shall be necessary for any of the following:
1. Adoption of an annual or biennial budget;
2. Transfer or conveyance of an interest in real estate other than release of a lien or satisfaction of a mortgage after payment has been received and the execution of a lease for a current term less than one year;
3. The contracting of debt, issuances of notes, debentures or bonds and the mortgaging or pledging of Commission assets or credit to secure same;
4. An action by the Commission as surety or guarantor;
5. All unbudgeted expenditures and all capital expenditures in excess of $25,000 and all other transactions in which:
a. The consideration exchanged or received by the Commission exceeds the greater of the previous year’s operating budget by $25,000;
b. The performance of the Commission shall extend over a period exceeding one year from the date of the execution of duties, or assigns duties to the City, the state, the United States or other governmental entity;
6. Any substantial project or major activity outside the limits of the City pursuant to a contract between another city or county as authorized by RCW 35.21.740;
7. Certification of annual reports and statements to be filed with the City Clerk as true and correct in the opinion of the Commission and its members except as noted;
8. Proposed amendments to the Charter and bylaws;
9. Such other transactions, duties and responsibilities as the Charter shall repose in the Commission or the Commission may reserve.