QHRRP 9000-200

Authority to Commit Funds Policy

 

Review/update responsibility
Finance
Revision
14 Oct 2024
Reference
CCRE IV, Section 4.10

Florida Statute 720.303

Florida Statute 720.31

Policy
To safeguard and provide strong financial management of Queen’s Harbour Yacht & Country Club Owners Association community assets and common properties, the Board of Directors, exercising the authority granted to it in the QHYCC Article of Incorporation, CCRE and Bylaws with its stipulations, has established the following Authority to Commit Funds Policy.
In this section
This section covers the following topics.

Topic See MAP
Background 9000-205
Key Procurement Definitions 9000-210
Budget Approval 9000-215
Spending Authorization 9000-220
Contracts 9000-225
Excess Cash 9000-230
Borrowing 9000-235
Commercial Loans 9000-240
Other Procurement Information 9000-245