Laserfiche WebLink
depository, and every such check or funds transfer for an amount greater than $1,000.00 <br />shall be countersigned or approved by the mayor; provided, however, that the mayor may <br />authorize the clerk to so countersign checks or approve such funds transfer, such <br />authorization to be in writing and in duplicate, one copy of which shall be delivered to the <br />treasurer, and one to the depository upon which such checks or funds transfer are to be <br />drawn. City council shall review said amount at least once every five (5) years and adjust <br />said amount as necessary. Every fund transfer shall have a reference number. The <br />treasurer shall make a daily statement to the clerk of the number and amount of each <br />check issued. <br />is recommended to be changed to: <br />Checks on Depositaries. <br />No disbursement shall be made by the treasurer except by check, electronic funds <br />transfer or other form of funds transfer approved by city council, on a city depository, and <br />every such check or funds transfer for an amount greater than $1,000.00 shall be <br />countersigned or approved by the mayor; provided, however, that the mayor may <br />authorize the treasurer or designee to so countersign checks or approve such funds <br />transfer, such authorization to be in writing and in duplicate, one copy of which shall be <br />delivered to the treasurer, and one to the depository upon which such checks or funds <br />transfer are to be drawn. City council shall review said amount at least once every five (5) <br />years and adjust said amount as necessary. Every fund transfer shall have a reference <br />number. The treasurer shall make a daily statement to the clerk of the number and <br />amount of each check issued. <br />and <br />Delete Section 14.10 <br />which reads as follows: <br />Section 14.10 of the Everett City Charter, <br />Officials Not to Buy or Sell Bonds or Warrants. <br />Neither the treasurer, nor mayor, nor any councilman, nor any official or employee <br />connected with the office of the treasurer or clerk, shall purchase or sell any bonds or <br />warrants of the city, except in his official capacity as provided in this charter; provided <br />that he may sell warrants issued to him for services performed. <br />Is recommended to be deleted. <br />PROPOSITION #14 <br />Shall Everett City Charter Sections 14.5. and 14.8 which relate to the duties of the City <br />Treasurer, financial procedures and financial internal control policies be changed and Section 14.6 <br />deleted, to reflect current financial and accounting procedures and to allow the city to function on a <br />daily basis reflecting changes in technology? <br />CHARTER CHANGE YES........... ❑ <br />CHARTER CHANGE NO ............. ❑ <br />13 <br />