[R.O. 1992 § 165.230; CC 1984 § 80.400]
The Board of Aldermen may at its first regular meeting in October
of any year designate one (1) or more depositories for City funds.
Any depository selected shall be a banking corporation or trust company
doing business in the City of Camdenton, provided that in the event
there is no such institution in the City, or in the event a selected
depository fails to accept the award or awards of the City funds as
are made, then the Board of Aldermen may select such depository or
depositories located outside of the City of Camdenton as the Board
may deem the safest and most convenient.
[R.O. 1992 § 165.240; CC 1984 § 80.410]
As soon as a depository or depositories have been selected,
it shall be the duty of the City Treasurer to transfer to said depository
or depositories all the funds in his/her hands belonging to the City,
and upon the receipt of any money or funds thereafter he/she shall
deposit the same with said depository or depositories to the credit
of the City.
[R.O. 1992 § 165.250; CC 1984 § 80.420]
No money shall be paid out of the Treasury except on a warrant
signed by the Mayor and attested by the City Clerk. No warrant shall
be drawn upon the Treasurer, nor shall any ordinance appropriating
money be passed, unless there is an unexpended balance to the credit
of the City in the fund in the Treasury upon which such warrant is
drawn, to meet such warrant, or a sufficient sum of unappropriated
funds in the Treasury upon which such ordinance is drawn, to meet
such ordinance.
[R.O. 1992 § 165.260; CC 1984 § 80.430]
In all cases where the City is indebted to any person on any
account whatever, warrants shall be drawn on the Treasurer for the
amount due out of the proper fund in favor of the person to whom the
amount shall be allowed. All claims for indebtedness, before warrants
be drawn in payment, shall be audited by the City Clerk and approved
by the Board of Aldermen.
[R.O. 1992 § 165.270; Ord. No.
1171-87 § 1, 9-22-1987]
Any check issued by the City of Camdenton shall be signed by
the Mayor, City Clerk and City Treasurer or in the event that one
(1) of the foregoing officers is not present within the City or cannot
be located or is otherwise unwilling or unable to sign any check,
then the President of the Board of Aldermen may sign in the place
of that officer.
[R.O. 1992 § 165.280; CC 1984 § 80.450]
A warrant as used in this Article may refer to the actual check to be issued however, containing only the signature of the Mayor and attested by the City Clerk. Upon final signature by the Treasurer, the Warrant shall become a check as referred to in Section 135.270 above.
