[Adopted 6-7-2004 by Ord. No. 1-2004]
As used in this article, the following terms shall have the meanings indicated:
- CONTRACTOR OR VENDOR
- Any person firm or corporation who has furnished or seeks to furnish goods, supplies, services or lease space or has performed or seeks to perform construction activity under contract, subcontract, grant or loan with the
- FINANCIAL LIABILITY
- Any tax, including earned income tax, City real estate tax, licenses, fees, delinquent loans, which shall be communicated to the contractor or vendor promptly when due or payable.
- The City may reduce any sums due or owing to the contractor or vendor for any services above defined against any money that said contractor or vendor shall owe to the City.
- The City may disengage a contractual relationship with any contractor or vendor who willfully refuses to comply with the terms and conditions set forth in this article or is unable by offset to satisfy any and all financial obligations owed to the City from any monies owed by the City to the contractor or vendor. The contractor or vendor may be reinstated upon proof that all sums due and owing to the City have been met upon demand or upon offset.
Henceforth, no contractor or vendor doing business with the City may be in financial liability to the City beyond the City's notice to said contractor or vendor that said contractor or vendor is in default of its obligations as hereinbefore defined.
Upon notice to the contractor or vendor of its financial liability to the City, the City may offset any sums owed by the City to said contractor or vendor to satisfy in full or in part the contractor or vendors financial liability to the City.
In the event that the contractor or vendor willfully refuses to honor its financial liability to the City upon notice to do so, the City may suspend doing business with said contractor or vendor until such time as the financial obligation has been fully satisfied directly or by offset.
The provisions set forth herein shall apply to any corporation, firm or association in which financial liability has been determined by an individual owning a majority of said firm, corporation or association or who has the managerial right of control over said firm, corporation or association.