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HomeMy WebLinkAboutOrdinance 049 i ORDINANCE NO. 49 AN ORDINANCE OF THE CITY OF ATASCADERO ADDING CHAPTER 5 TO TITLE 2 OF THE ATASCADERO MUNICIPAL CODE ESTABLISHING THE OFFICE OF CITY TREASURER The Atascadero City Council does ordain as follows: Section 1. Chapter 5 is added to Title 2 of the Atascadero Muni- cipal Code to read as follows: TITLE 2. ADMINISTRATION Chapter 5. Cit Treasurer P Y 2-5.201. Creation and functions. The office of the City Treas- urer is hereby confirmed as provided in Section 36501 and 36502 of the Government Code of the State. The City Treasurer shall perform such duties as are prescribed by Section 41001 through 41007 of the Govern- ment Code of the State. The City Treasurer shall perform such other duties consistent with this Code as may be required of him by the Council. ' The principal functions of the City Treasurer shall be to receive and safely keep all public funds coming into his hands as treasurer , 1 and to comply with all laws governing the deposit and securing of pub- lic funds and the handling of trust funds in his possession. 2-5.202. Deputies. The City Treasurer may appoint deputies for whose acts he and his bondsmen are responsible, but in doing so, shall not inucr any indebtedness or liabiilty on behalf of the City except as authorized by the City Council. 2-5.203. Compensation. The City Treasurer shall receive such compensation and expense allowance as the Council shall from time to time determine by resolution or ordinance. Such compensation shall be a proper charge against such funds of the City as the Council shall designate. 2-5.204. Coordination with Director of Finance. The City Treas- urer shall coordinate his activities with the Director of Finance to assure availability of funds in response to demands for payment against City financal resources. The City Treasurer shall not with- hold making available funds to the Finance Director for payment of materials, equipment, goods or services duly authorized by Council ' through the adopted budget or by Council approval by ordinance, reso- lution or motion when requests for such funds are duly authorized and presented by the Director of Finance. Ordinance No. - City Treasurer 1 y 2-5.205. Investment Policy. In addition to the requirement, du- tiires and obligations imposed upon the City Treasurer by the State of California Government Code concerning the investment of City monies, the City Treasurer shall attempt to secure the maximum the rate of return on invested uncommitted City funds consistent with assuring availability of funds to meet the City' s financial obligations and consistent with statutory investment limitations. In order to assure compliance with this requirement, the City Treasurer shall closely coordinate the investment of funds with the Director of Finance to assure the ability of the City to meet its obligations. Section 2. Ordinance No. 6, adopted on July 9, 1979, shall be repealed effective with assumption of office by a duly elected City Treasurer, but shall constitute transition provisions pending the election of such a Treasurer . Section 3. The City Clerk shall cause this ordinance to be pub- lished once within fifteen (15) days after its passage in the Atasaa- ' deco News, a newspaper of general circulation, printed, published and circulated in this City in accordance wth Section 36933 of the Govern- ment Code; shall certify the adoption of this ordinance; and shall cause this ordinance and its certification, to be entered in the Book of Ordinances of this City. Section 4. This ordinance shall go into effect and be in full force and effect at 12:01 a.m. on the thirty-first (31st) day after passage, but shall not repeal the transition provisions of Ordinance No. 6. The foregoing ordinance was adopted and ordered published at a meeting of the Council held on February 9 , 1982, by the following vote: AYES,: Councilmen Highland., Mackey, Nelson, and Mayor Wilkins 1 NOES: None ABSENT: Councilman Stover ROBERT J.WILKINS, R. , Mayor ATTEST: MUR Y L. RDEN, City Clerk ' APPROVED AS TO ORM: ALLEN GRIMES, City Attorney 2 CERTIFICATION ' I herebycertify that the foregoing is a full true Y g g , and correct copy of Ordinance No. 49 passed by the Atascadero City Council at its regular Council meeting held on February 9, 1982 MU M L. RDEN, City ClexR Citf of Ar4lascadero, California 1 I ,