[HISTORY: Adopted by the Council of the City of Watervliet 4-20-1972 as Div. 4 of Art. II of Ch. 2 of the Code of Ordinances of 1972. Amendments noted where applicable.]
The Director of Finance of the city is vested with all the powers heretofore granted and reposed in the Chamberlain of the city.
The Director of Finance hereby is authorized, directed and empowered to execute all bonds, notes, drafts and other documents heretofore required to be executed by the Chamberlain and that he be authorized and empowered to execute said papers.
The title of Chamberlain of the city is vested in the Director of Finance, to be retained for the purpose of completing any transactions heretofore and already begun under Chapter 462 of the Laws of 1918, as amended by Chapter 527 of the Laws of 1919, or any acts amended by the foregoing. When such transactions shall have been completed, then and at that time, the title of Chamberlain of the city shall cease to exist, and the head of the Department of Finance shall thereafter be known as the Director of Finance.