(A) Purchases shall be conducted as follows:
(1) All purchases shall be in conformity with the Commission's approved annual budget;
(2) Any single purchase in excess of $5,000 shall be approved by the Commission;
(3) Any single purchase in excess of $25,000 shall be approved by both the Commission and the City Council;
(4) All procurement of goods and services shall be in compliance with the provisions of KRS 424.260;
(5) The above policies shall be exclusive of those procurements that are administered by way of grants by either state or federal agencies which mandate specific procurement guidelines.
(B) No commissioner or employee of the Commission shall engage in nor authorize nor attempt to influence another in engaging in or authorizing the use of Commission funds, equipment or personnel for his or her benefit or for the benefit of any member of said commissioner's or employee's family.
(Ord. passed 10-3-50; Am. Ord. 2003-008, passed 5-22-03; Am. Ord. 2012-002, passed 4-23-12)