C-19 - Cities and Towns Act

Section 477.3 Disposition versions

2002-06-14

477.3. Where the executive committee is authorized to enter into contracts on behalf of the municipality under a provision of a special Act or a charter, or following a delegation permitted under such a provision, the executive committee shall table before the council each month a list of all contracts involving an expenditure exceeding $25,000 it entered into in the preceding month.

The executive committee shall also table a list of all contracts involving an expenditure exceeding $2,000 entered into by the executive committee since the beginning of the fiscal year with the same contracting party if those contracts involve a total expenditure exceeding the applicable amount under the first paragraph. The executive committee shall, after such tabling and until the end of the fiscal year, table each month a list of all contracts involving an expenditure exceeding $2,000 it entered into with the same contracting party in the preceding month.

The executive committee shall also table a list of the contracts referred to in the first and second paragraphs but entered into by an officer or employee to whom the executive committee delegated its power to enter into contracts.

The list shall indicate, for each contract, the name of the contracting party, the amount of the consideration and the object of the contract.

2002, c. 37, s. 81.