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HomeMy WebLinkAbout95-29• ORDINANCE No. 95-29 Amending the Method for Payment and Authorization of Town Obligations • U 274 • ORDINANCE NO. 95-29 AMENDING THE METHOD FOR PAYMENT AND AUTHORIZATION OF TOWN OBLIGATIONS BE IT ORDAINED by the Council of the Town of Pulaski, Virginia, sitting in regular session on September 19, 1995, that: WHEREAS, the Town of Pulaski has designated certain individuals to sign checks in the absence or incapacity of the town treasurer or town manager; and WHEREAS, the Clerk of the Council, acting as deputy treasurer, has been designated this signatory authority; and WHEREAS, the Assistant Finance Director/Treasurer and Assistant Town Manager have detailed responsibility and knowledge of Departmental and Town financial transactions on a day-to-day basis and the organization of the Department provides appropriate internal controls for separation of duties; and WHEREAS, obligations of the town are paid by both check and by electronic transfer; and . WHEREAS, in order to designate the Assistant Town Manager and Assistant Finance Director/Treasurer with signatory responsibility in the absence or incapacity of the town treasurer or town manager and to permit payment of town obligations by electronic transfer as well as check, Section 2-38 of the Town Code is amended as follows: • "(a) All vouchers drawn in connection with the payment of obligations shall be made through the office of the town treasurer by checks or electronic transfer. All such checks shall be signed by the town treasurer and countersigned by the town manager, and all such electronic transfers shall be authorized in writing by the town treasurer and town manager. In the absence from the town or in the event of incapacity of either or both the town treasurer and town manager to sign such checks or to authorize such transfers, then the -'-M'- ~F assistant town manager, assistant town treasurer or the mayor shall sign for the town treasurer or town manager. The intention of the council in naming the substitute officers for the town treasurer and the town manager is not to permit the substitute officers to act as a matter of convenience but only to act when the treasurer or town manager or both of them are not available to act. Other substitutes may be named by the council from time to time. (b) The signing of checks may be by facsimile signatures. 275 C: (c) (Added) Electronic transfers may be accomplished by telephone, telefax or by an on-line electronic data link." This Ordinance shall be effective upon adoption and is adopted this 19th day of September, 1995, by recorded vote of the Town Council as follows: John A. Johnston Aye .- Bettye H. Steger Aye John W. Stone yam E. G. Black, Jr. y~ e Roy H. D'Ardenne, Jr. Absent Alma Holston Aye W . H . Schrader Aye W . Edgar Hale Absent TOWN OF PULASKI, VIRGINIA BY : , /' A ST : ~ ~ ~ c~ Patricia M. Pender ast, Acting Clerk of Council • 276 • I, Ruth A. Harrell, Clerk of the Council of the Town of Pulaski, Virginia, do hereby certify that the foregoing Ordinance No. 95-29 is a true and correct copy of the Ordinance set out and adopted by the recorded vote of the Town Council on September 19, 1995. .e=l~C~ Rut A. Harrell, Clerk of Council • r~