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RESOLUTION NO. 81-8 <br />BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF <br />INDIAN RIVER COUNTY, FLORIDA, that there is hereby created <br />and established a finance advisory committee within Indian <br />River County, hereinafter known as the FINANCE ADVISORY <br />COMMITTEE. The purpose, responsibilities, limitation, <br />organizational structure, qualifications of members, appointment <br />of members, terms of office of members and meetings shall all <br />be according to the following guidelines: <br />A. PURPOSE. The FINANCE ADVISORY COMMITTEE is formed <br />to develop information which would be helpful in administering <br />the fiscal affairs of the County on a sound and business -like <br />basis. <br />B. RESPONSIBILITIES. It shall be the responsibility of <br />the FINANCE ADVISORY COMMITTEE to: <br />1. Furnish advice to the County Commission on <br />financial and accounting matters; <br />2. Provide counseling with the County Administrator <br />and Finance Director on similar matters; and <br />3. It is the intent that the FINANCE ADVISORY COM - <br />COMMITTEE will not be involved in the day-to-day <br />investments but shall review and advise on <br />administrative procedures on a periodic basis, <br />striving to improve investment goals and the <br />procedures to accomplish those goals. <br />C. DUTIES: <br />1. Assist the County Commission in the selection of an <br />an accounting firm to perform an independent annual <br />audit of the financial records and statements of <br />the County (and Constitutional Officer's budget). <br />2. Screen and recommend to the County Commission the <br />selection of bond counsel in connection with any <br />proposed bond issues. <br />