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RESOLUTION NO. 86 -45 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY <br />OF NEWPORT BEACH INCREASING THE FUND KNOWN AS <br />• A FLASH ROLL FROM $25,000 TO $75,000 <br />WHEREAS, the City Council of the City of Newport Beach <br />finds that in the Police Department's enforcement of the narcotic <br />laws, it is necessary to demonstrate to a seller of narcotics <br />that the buyer has sufficient funds to fulfill the transaction; <br />and <br />WHEREAS, such funds are commonly referred to by law <br />enforcement agencies as a "flash roll;" and <br />WHEREAS, the City was authorized in Resolution No. 9040 <br />to have a fund for the flash roll of $25,000; and <br />WHEREAS, the Police Chief feels that the fund should be <br />raised to $75,000; and <br />WHEREAS, adequate controls will be placed over the use <br />of the funds for a flash roll in order to minimize the risk of <br />loss of such funds. <br />NOW, THEREFORE, the City Council of the City of Newport <br />Beach hereby resolves as follows: <br />1. The Chief of Police shall be authorized to receive <br />a cash advance in the amount not to exceed $75,000.00. The <br />demand for payment shall be made to the Finance Director, signed <br />• by the Chief of Police, or his designated representative, stating <br />-1- <br />