Chapter 3.20
CLAIMS CLEARING FUND
Sections:
3.20.010 Claims clearing fund created.
3.20.010 Claims clearing fund created.
There is created a fund, known and designated as the Claims Clearing Fund, into which shall be paid and transferred from the various departments an amount of money equal to the various claims against the city for any purpose. (Ord. 674 §1, 1990).
3.20.020 Transfer of funds.
Whenever it is deemed necessary, the city clerk/treasurer is authorized, empowered, and directed to transfer from the funds of the various departments to the claims clearing fund sufficient moneys to pay the claims against the various departments of the city. (Ord. 674 §2, 1990).
3.20.030 Issue of warrants.
The city clerk/treasurer is authorized, empowered and directed to issue warrants on and against the fund in payment of materials furnished, services rendered or expense or liability incurred by the various departments and offices of the city. The warrants shall be issued only after there has been filed with the city clerk/treasurer the proper vouchers, approved by the city council, stating the nature of the claim, the amount due or owing, and the person, firm, or corporation entitled thereto. All warrants issued on or against the fund shall be solely and only for the purposes herein set forth and shall be payable only out of and from the fund. Each warrant [shall bear] the words, “Claims Clearing Fund.” (Ord. 647 §3, 1990).
3.20.040 Severability.
If any provision of this subchapter or its application to any person or circumstance is held invalid, the remainder of this subchapter, and the application of this subchapter to any other person or circumstances shall not be affected. (Ord. 647 §5, 1990).