2006/07/19 Council Agenda Packet

3 five (5) years and adjust said amount as necessary. Every fund transfer shall have a reference number. The treasurer shall make a daily statement to the clerk of the number and amount of each check issued. and Delete Section 14.10 Section 14.10 of the Everett City Charter, which reads as follows: Officials Not to Buy or Sell Bonds or Warrants. Neither the treasurer, nor mayor, nor any councilman, nor any official or employee connected with the office of the treasurer or clerk, shall purchase or sell any bonds or warrants of the city, except in his official capacity as provided in this charter; provided that he may sell warrants issued to him for services performed. Is recommended to be deleted. PROPOSITION #14 Shall Everett City Charter Sections 14.5. and 14.8 which relate to the duties of the City Treasurer, financial procedures and financial internal control policies be changed and 14.6 deleted be changed to reflect current financial and accounting procedures and to allow the city to function on a daily basis reflecting changes in technology? CHARTER CHANGE YES ❑ CHARTER CHANGE NO ❑ Section 17: Delete Section 14.10. Section 14.10 of the Everett City Charter, which reads as follows: Officials Not to Buy or Sell Bonds or Warrants. Neither the treasurer, nor mayor, nor any councilman, nor any official or employee connected with the office of the treasurer or clerk, shall purchase or sell any bonds or warrants of the city, except in his official capacity as provided in this charter; provided that he may sell warrants issued to him for services performed. is recommended to be deleted. PROPOSITION #15 Shall Everett Charter Section 14.10 which relate to the prohibition of city officials and employees in the treasurers or clerks office from dealing in bonds be deleted because such prohibition are covered in proposed changes in Charter Section 4.5 (Proposition 5)? CHARTER CHANGE YES ❑ )1 14