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Resolution No. 8502r , 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 8502 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING RESOLUTION NO. IDA-10 WHICH APPROVES A RECORDS RETENTION SCHEDULE FOR THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF VERNON WHEREAS, by Resolution No. IDA-10, adopted July 28, 2004, the Industrial Development Authority of the City of Vernon ("Authority") approved an Industrial Development Authority of the City of Vernon Records Retention Schedule 2004 (the "Retention Schedule") and submitted the Retention Schedule to the City Council of the City of Vernon for approval; and WHEREAS, by letter dated July 21, 2004, Bruce V. Malkenhorst, City Administrator/City Clerk, has recommended that the Retention Schedule be adopted; and WHEREAS, the City Council finds that the Retention Schedule submitted by the Authority meets the criteria of California Government Code Sections 34090, 34090.5 and 34090.7 regarding the destruction of certain public records with the consent of the City Attorney and concurrence of the City Council. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VERNON AS FOLLOWS: SECTION 1: The City Council of the City of Vernon hereby finds and determines that the recitals contained hereinabove are true land correct. SECTION 2: The Retention Schedule submitted by the Authority and provided for in Resolution No. IDA-10 is hereby approved and adopted. 1 SECTION 3: The City Clerk of the City of Vernon shall 2 certify to the passage of this resolution, and thereupon and 3 thereafter the same shall be in full force and. effect. 4 APPROVED AND ADOPTED this 28th day of July, 2004. 5 62Gu . 7 EONIS C. MA BURG, Mayor 8 ATTEST: 9 10 11 BRUCE V. MALKENHORST, City Clerk 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 2 - 1 STATE OF CALIFORNIA ) 2 ) ss COUNTY OF LOS ANGELES ) 3 4 I, BRUCE V. MALKENHORST, City Clerk of the City of Vernon, do 5 hereby certify that the foregoing Resolution, being Resolution No. 6 8502, was duly adopted by the City Council of the City of Vernon at an 7 adjourned regular meeting of the City Council duly held on Wednesday, 8 July 28, 2004, and thereafter was duly signed by the Mayor of the City 9 of Vernon. 10 BRUCE V. MALKENHORST, City Clerk 12 13 (SEAL) 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 3 - SUPPORTING DOCUMENTS 0 tILIFORAP *4 v ric, 1905 Fout, %) 114,41,11"100, 6-4, Te a &AIM&tr Records Retention Schedule 2004 Adopted by Resolution No. on July 21, 2004 INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF VERNON RECORDS RETENTION SCHEDULE 2004 TABLE OF CONTENTS Page Legend........................................................................................................................... i Industrial Development Authority.................................................................................. 1 GLOSSARY.................................................................................................................. 2 Legend AR - ANNUAL REVIEW AU - Audit C - CLOSED/COMPLETED CT - COMPLETION/TERMINATION CY - CURRENT YEAR EL - ELECTION E - EXPIRATION P - PERMANENT S - Superseded T - TERMINATION WH/C V - VITAL H - HISTORICAL C - CONFIDENTIAL i INDUSTRIAL DEVELOPMENT AUTHORITY Page 1 of 1 1. (IDA) Agreements and Leases Files E+6 - E+6 a) Original, executed agreements and leases b) Insurance documentation c) Correspondence & backup data 2. IDA Agendas — Certified copies 7 - 7 3. IDA Agendas — Working Copies 2 - 2 Note: Working copies are notated for preparation of the Agency's meeting minutes. 4. IDA Members Statements of 4 - 4 Economic Interest Form 700 5. IDA - Designated Employees' T+6 T+6 Statements of Economic Interest — Form 700 6. IDA Minutes P P P Note: Permanent storage location is the City's vault or off -site depository. 7. IDA Minutes — Reference Copies 3 - 3 Note: Official minutes are stored permanently in the City's vault or off -site depository. 8. IDA Resolutions — Originals 1 P P Note: Permanent storage location is the City's vault or off -site depository. 9. IDA Resolutions — Copies AR AR AR 10. IDA Contract Files E+6 - E+6 a) Original, executed contracts b) Performance/Contract Bonds c) Certificates of insurance/Insurance documentation d) Requests for proposal/Invitation to bid e) Proof of Publication f) Lists of bidders g) Proposals/Bids h) Correspondence & backup data GLOSSARY OF RECORDS RETENTION DEFINITIONS Annual Review - Yearly review of operations, procedures, policies, or documents relating to the retention schedule. *Audit - Review for acceptance of records relating to operations, policies and procedures, financial documentation and historical documents by regulating agencies. *Closed/ Completed - A file or record on which action has been completed and to which an audit or further action is not likely to occur. Confidential - A record of information requiring protection against unauthorized disclosure. Current - The current year. Election Voter ballots and other documents regarding current City public elections. Expiration - The act of coming to a close. *Historical - In appraisal, the value attributed to a record which preserves documentation on significant historical events including the City's operations, origin, policies, authorities, functions, and organizations, as well as significant administrative decisions. *Permanent - Recorded information which is required by law to be retained; or which has been designated for continuous preservation because of its administrative or historical significance. *Superseded - The replacement of an existing document. Termination - Discontinued (example - employment, term of office, use of equipment, permits, etc...) *Vital - Those records containing information necessary to continue the operation of government, affirm the powers and duties of government and to protect the rights and interests of persons. * Definitions taken from the August 1999, Local Government Records Retention Guidelines, City Clerk's Association of California. 4