Earlier editions: 2026-09
Arvin Municipal Code Ch. 3.04 Municipal Funds
Arvin Municipal Code · 2026-10 edition · updated 2026-10-04 · Arvin
Cite as: Arvin Municipal Code Chapter 3.04 · Text as of 2026-10-04
3.04.010 - Depository designated.¶
One or more banks or savings and loan associations designated by the city council shall be the depository of all funds and money coming into the possession of the treasury of the city, and all such funds and money shall forthwith upon receipt by the city be deposited therein to the credit of the city.
(Ord. 170 §1, 1982: Ord. 4 §1, 1960).
(Ord. No. 429, § 2, 7-5-2016)
3.04.020 - Withdrawals—Authorized signors.¶
All withdrawals upon funds and moneys deposited as required by Section 3.04.010 of this chapter shall be made upon warrants drawn on the city treasury signed by the mayor and the city manager or the mayor and the finance director. In the absence of the mayor, said warrants shall be signed by the mayor pro tem and the city manager or the mayor pro tem and the finance director. When expediency is required, and the mayor and mayor pro tem are both absent, said warrants shall be signed by the city manager and finance director. Expediency may be required if neither the mayor or mayor pro tem is reasonably available and timely payment is required to avoid a penalty, fee, legal exposure, or is necessary to complete an action authorized or directed by the council while meeting a payment deadline not set by the city.
(Ord. 170 §2, 1982: Ord. 4 §2, 1960).
(Ord. No. 429, § 3, 7-5-2016)
Get a plain-English answer with a citation back to this text.
Ask AI about this code