Chapter 3.12
CLAIMS FUND

Sections:

3.12.010    Created — Funds transferred to — Warrants issued.

3.12.020    Accounts.

3.12.030    Warrants transferring funds to — Selling warrants.

3.12.010 Created — Funds transferred to — Warrants issued.

There is hereby created and established a special fund to be known as the “Claims Fund” into which shall be paid and/or transferred moneys from the various departmental funds of the city and from which warrants may be issued and paid in payment of claims against the city for any purpose. (Ord. 376 § 1, 1965).

3.12.020 Accounts.

The accounts of the city shall be so kept that they shall show the department or departments chargeable and the respective amounts for which each warrant is issued in payment of claims against the city. (Ord. 376 § 2, 1965).

3.12.030 Warrants transferring funds to — Selling warrants.

Transfers from an insolvent fund to the claims fund shall be by warrant and, upon the warrant being registered in the manner provided by law, such warrant shall be sold by the claims fund to obtain the moneys with which to pay the respective claim. The warrant may be sold to any solvent fund of the city, or the same may be sold outside of city funds in the usual manner by the City Treasurer. (Ord. 376 § 3, 1965).