Sec. 4-15. No contracts unless previously budgeted and appropriated.
(a) No contract shall be made by the Board of Trustees, and no expense shall be incurred by any officer or department of the Town, whether the object of the expenditure shall have been ordered by the Board of Trustees or not, unless a corresponding budget line item and an appropriation shall have been previously made concerning such expense, except for the following expenditures and as otherwise provided in this Article:
(1) Payment for budgeted items up to five thousand dollars ($5,000.00), including but not limited to training expenses, petty cash and professional services rendered, may be administratively approved;
(2) Fee agreements and contracts for professional services up to fifty thousand dollars ($50,000.00) if budgeted and following legal review, may be administratively approved;
(3) Construction contracts up to fifty thousand dollars ($50,000.00), if budgeted and following legal review, may be administratively approved;
(4) Construction contract change orders up to the lesser of fifteen percent (15%) of the original contract price or fifteen thousand dollars ($15,000.00), if budgeted and following legal review, may be administratively approved.
(b) The Town of Frederick Purchasing and Bidding Procedures shall be deemed amended to conform to this Section. (Ord. 1002 §11, 2009; Ord. 1003 §1, 2009)