Chapter 3.28
CLAIMS CLEARING FUND
Sections:
3.28.010 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. 879 § 8, 2002; Ord. 286 § 1, 1982)
3.28.020 Transfer of funds.
Whenever it is deemed necessary, the finance director 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. 879 § 8, 2002; Ord. 286 § 2, 1982)
3.28.030 Expenditures.
The claims clearing fund shall be used and payments therefrom shall be made only for the purpose of paying any claims against the city. (Ord. 879 § 8, 2002; Ord. 286 § 3, 1982)
3.28.040 Warrant issuance.
The finance director 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 warrant shall be issued only after there has been filed with the finance director 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 set forth in this chapter and shall be payable only out of and from the fund. (Ord. 879 § 8, 2002; Ord. 286 § 4, 1982)